MyState Bank Bonus Saver Account
MyState Bank Bonus Saver Account
Mozo Review MyState Bank Bonus Saver Account Review
Last updated: 20 February 2020.
What's hot:
2020 Mozo Experts Choice Award winner
2.00% maximum 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 - winner of a 2020 Mozo Experts Choice Award in the best Regular Saver category. This savings account features a special 2.00% p.a. rate - all you need to do to get it 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 2.00% 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 2 April 2020. 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: 0.30% p.a.
-
Balances from $0: 2.00% p.a.
Balances from $250,000: 0.30% 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?
Latest review of MyState Bank Bonus Saver Account
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Please support because they support us!
Good product when linked to Glide Transaction Account. Worth supporting because they recognise the need to to reward customers with a much better interest rates. Well done guys, thank you.
Read full reviewGood product when linked to Glide Transaction Account. Worth supporting because they recognise the need to to reward customers with a much better interest rates. Well done guys, thank you.
Price-1/10Features7/10Customer service9/10Convenience7/10LessTrust9/10
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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