MyState Bank Bonus Saver Account

0.80% p.a.(for $0 and over)

2.50% p.a. (for $0 to $150,000)

MyState Bank Bonus Saver Account

0.80% p.a.(for $0 and over)

2.50% p.a. (for $0 to $150,000)

Mozo Review   MyState Bank Bonus Saver Account Review

Last updated: 29 July 2019.

What's hot:
  • 2.50% special rate

  • No account fee

What's not:
  • Must link to transaction account

Mozo snapshot:

If you’re a saver who wants to be rewarded for your saving habits, look no further than the MyState Bank Bonus Saver Account. This savings account features a special 2.50% rate - all you need to do to get that rate is deposit at least $20 every month and make five debit transactions, easy as! 

Key features:

With the MyState Bank Bonus Saver Account your savings habits will be rewarded, thanks to the special 2.50% rate, which you’ll receive on a monthly basis. You also won’t ever pay a cent in account fees, so every dollar you stash into the account is yours to keep. 

But like most savings accounts there are some conditions attached to earn that special rate. Luckily, the MyState Bank Bonus Saver Account only requires savers to deposit a minimum of $20 into the account every month and make five debit card transactions. 

And while you'll be able to make unlimited transactions every month through your phone or the internet keep in mind you will need a linked MyState Bank transaction account.  

Who it's good for:

The MyState Bank Bonus Saver Account could be the right choice for Aussie savers who make regular deposits and want to take advantage of a decent rate without the hassle. 

Any catches?

In order to sign up to the MyState Bank Bonus Saver Account, you will need to link it to a MyState Bank transaction account.

Details

Rates and fees information correct as at 15 October 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • Balances from $0: 0.80% p.a.

  • Balances from $0: 2.50% p.a.
    Balances from $150,000: 0.80% p.a.

  • Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.

Fees
  • $0.00

  • n/a

  • Unlimited transactions from phone and internet

  • n/a

  • n/a

  • n/a

  • n/a

  • $2.75

  • n/a

  • $0.00

  • $0.00

  • n/a

Other financial bits
  • $1.00

  • $0.00

  • Monthly

Features
  • no

  • none

  • no

  • no

  • no

  • no

  • no

  • yes

  • yes

  • yes

  • no

  • Must link to a transaction account

  • none

  • none

Customer Reviews

How are MyState Bank savings accounts rated by the Mozo community?

Overall customer rating
7.7/10
Price
6.5/10
Features
6.0/10
Customer service
7.9/10
Convenience
7.8/10
Trust
8.0/10
MyState Bank

About MyState Bank

MyState Bank is an Authorised Deposit-taking Institution and a national diversified financial services group headquartered in Tasmania. MyState Bank has strong roots in the Tasmanian community, offering lending, savings accounts, financial planning and insurance.

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