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 1.75% 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!
With the MyState Bank Bonus Saver Account your savings habits will be rewarded, thanks to the special 1.75% 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.
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.
In order to sign up to the MyState Bank Bonus Saver Account, you will need to link it to a MyState Bank transaction account.
Balances from $0: 0.15% p.a.
Balances from $0: 1.75% p.a.
Balances from $250,000: 0.15% 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.
$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
$1.00
$0.00
Monthly
no
none
no
no
no
no
no
yes
yes
yes
no
Must link to a transaction account
none
none
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.
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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