Reach your savings goals faster with the Police Bank Bonus Saver Account. Not only will you be able to receive a solid interest rate of up to 4.55%, but the account also comes with no ongoing fees, no maximum balance and unlimited free transactions for internet and phone banking.
Looking for a bonus savings account to help grow your nest egg? The Police Bank Bonus Saver Account offers up to 4.55% p.a. for balances of any size.
Just remember you will need to meet the minimum requirements of a $100 deposit per month and no withdrawals, otherwise you’ll only be able to earn the base rates of 0.05% p.a.
Did we mention the account is fee-free and has unlimited internet and phone banking? Tick those features off your must-have savings account checklist. However, there’s no branch access so you might want to consider other options if that's a dealbreaker for you.
The Police Bank Bonus Savings Account could be a good option for anyone who wants a competitive interest rate to grow their savings without huge minimum requirements.
Do keep in mind that the bonus rates only apply when you deposit $100 per month into the account while making no withdrawals.
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Balances from $0: 0.05% p.a. |
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Balances from $0: 4.55% p.a. |
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Minimum deposit of $100 and no withdrawals in the month |
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$0.00 |
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n/a |
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unlimited free transactions from internet and phone banking |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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$0.00 |
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$0.00 |
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n/a |
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$0.00 |
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$0.00 |
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Monthly |
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no |
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n/a |
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no |
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no |
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no |
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no |
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no |
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yes |
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yes |
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yes |
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no |
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none |
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none |
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none |
The closed the local physical branch and supposedly upgraded the mobile banking app last year, however there has been ongoing issues ever since with multiple occasions of the app being unable to be used. No rewards with the accounts and having to wait on hold for way too long speak to someone about issues.
Read full reviewThe closed the local physical branch and supposedly upgraded the mobile banking app last year, however there has been ongoing issues ever since with multiple occasions of the app being unable to be used. No rewards with the accounts and having to wait on hold for way too long speak to someone about issues.
They are the best bank I've ever dealt with.
Read full reviewThey are the best bank I've ever dealt with.
High Interest Savings Account
5.75% p.a. (for $0 to $250,001)
4.40% p.a.(for $0 to $250,001)
Yes up to $250,000
Savings Account
5.35% p.a. (for $0 to $250,000)
4.75% p.a.(for $0 to $1,000,000)
Yes up to $250,000
Reward Saver Account
5.25% p.a. (for $0 to $1,000,000)
0% p.a.(for $0 and over)
Yes up to $250,000
AMP Saver Account
5.40% p.a. (for $0 to $250,000)
1.20% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Savings+Bonus
5.00% p.a. (for $0 to $250,000)
2.00% p.a.(for $0 to $250,000)
Yes up to $250,000
Save Account
5.10% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Bonus Saver Account
5.00% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
High Interest Savings Account
5.75% p.a. (for $0 to $250,001)
Yes up to $250,000
4.40% p.a.(for $0 to $250,001)
Savings Account
5.35% p.a. (for $0 to $250,000)
Yes up to $250,000
4.75% p.a.(for $0 to $1,000,000)
Save Account
5.10% p.a. (for $0 to $250,000)
Yes up to $250,000
0.10% p.a.(for $0 and over)
AMP Saver Account
5.40% p.a. (for $0 to $250,000)
Yes up to $250,000
1.20% p.a.(for $0 to $5,000,000)
Savings+Bonus
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
2.00% p.a.(for $0 to $250,000)
Reward Saver Account
5.25% p.a. (for $0 to $1,000,000)
Yes up to $250,000
0% p.a.(for $0 and over)
Bonus Saver Account
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
0.05% p.a.(for $0 and over)
Reward Saver Account
0% p.a.(for $0 and over)
5.25% p.a. (for $0 to $1,000,000)
Yes up to $250,000
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
3.01% p.a. (for $0 and over)
Yes up to $250,000
Progress Saver
0.01% p.a.(for $0 and over)
4.25% p.a. (for $0 and over)
Yes up to $250,000
