If you’re a dedicated saver, why not be rewarded for your efforts with the St.George Incentive Saver savings account. Earning the 0.45% maximum rate is super simple, all you need to do is grow your account balance by $50 a month (if under 21, it's only $0.01 each month).
With the St.George Incentive Saver savings account, Aussie savers will enjoy a maximum interest rate of 0.45%. All you need to do is grow you balance by $50 per month. And if you're under 21, the balance only needs to grow by a minuscule $0.01 every month.
With this savings account, you’ll enjoy zero account fees and unlimited phone and internet transactions, so you’re free to move your cash around as much as you’d like! Your interest will be paid out monthly and you won’t even need to make a deposit to open the account.
Another helpful feature for long term savers is that there's no balance cap, meaning you can keep getting this maximum rate as your savings keep growing.
The St.George Incentive Saver savings account could be a great choice for dedicated savers who can guarantee they’ll be able to grow their account balance every month.
Just keep in mind that you will need to meet the saving criteria in order to earn the 0.45% rate, otherwise you’ll only receive the low standard rate of 0.20%.
Balances from $0: 0.20% p.a.
Balances from $0: 0.45% p.a.
Balance must grow by at least $50 a month. If under 21, balance must grow by $0.01 a month.
$0.00
n/a
Unlimited transactions from phone and internet. 1 free counter withdrawal transaction
n/a
n/a
n/a
$0.00
$2.50
n/a
$0.00
$0.00
n/a
$0.00
$0.00
Monthly
no
$2,000.00
yes
no
no
yes
no
yes
yes
yes
yes
none
none
none
I have been a loyal customer of St George for over 30 years, they have consistently provided high quality and reliable service as well as enticing incentives. Their website is easily navigated and their app is easy to navigate, easy to use with intuitive design making banking less of a chore.
Read full reviewI have been a loyal customer of St George for over 30 years, they have consistently provided high quality and reliable service as well as enticing incentives. Their website is easily navigated and their app is easy to navigate, easy to use with intuitive design making banking less of a chore.
Trustworthy and reliable, great customer service and competitive rates.
Read full reviewTrustworthy and reliable, great customer service and competitive rates.
Proof is in the pudding. I have been using this product/service for 10 years.
Read full reviewProof is in the pudding. I have been using this product/service for 10 years.
St.George is awesome. I have been with them for over 15 years and wouldn’t ever change. They have amazing rates on their everyday accounts and even better bonuses on the savings accounts.
Read full reviewSt.George is awesome. I have been with them for over 15 years and wouldn’t ever change. They have amazing rates on their everyday accounts and even better bonuses on the savings accounts.
If the customer service team on the phone make mistake and fail to identify you as a customer, you can not get help from them for 24 hours. We are going to another bank because of it!
Read full reviewIf the customer service team on the phone make mistake and fail to identify you as a customer, you can not get help from them for 24 hours. We are going to another bank because of it!
St.George is Australia's fifth largest bank and has merged with Westpac to create a banking mega force. St.George offers a wide range of products aimed at business and corporate customers. St.George still have a customer focused team who tailor products to suit its customers needs. So if you want a bank that's good with people and good with money too, check out the St George range of credit cards, bank accounts, savings accounts, home loans and personal loans.
MyState Bank
Bonus Saver Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Serious Saver
0.30% p.a. (for $0 to $1,000,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Citi
Online Saver
1.10% p.a. (for $0 to $500,000)
0.35% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Flexi Saver
0.25% p.a. (for $0 to $5,000,000)
0.05% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Bankwest
Hero Saver
0.80% p.a. (for $0 to $250,001)
0.01% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Bank of Queensland
Fast Track Saver Account
1.05% p.a. (for $1 to $250,000)
0.05% p.a.(for $1 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Serious Saver
0.30% p.a. (for $0 to $1,000,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Up
Saver Account
1.10% p.a. (for $0 to $1,000,000)
0% p.a.(for $0 and over)
Yes up to $250,000
Citi
Online Saver
1.10% p.a. (for $0 to $500,000)
0.35% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Flexi Saver
0.25% p.a. (for $0 to $5,000,000)
0.05% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Bankwest
Hero Saver
0.80% p.a. (for $0 to $250,001)
0.01% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Bank of Queensland
Fast Track Saver Account
1.05% p.a. (for $1 to $250,000)
0.05% p.a.(for $1 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
0.10% p.a.(for $0 and over)
1.20% p.a. (for $0 to $250,000)
Yes up to $250,000
HSBC
Serious Saver
0.15% p.a.(for $0 and over)
0.30% p.a. (for $0 to $1,000,000)
Yes up to $250,000
HSBC
Flexi Saver
0.05% p.a.(for $0 to $5,000,000)
0.25% p.a. (for $0 to $5,000,000)
Yes up to $250,000
Bankwest
Hero Saver
0.01% p.a.(for $0 to $5,000,000)
0.80% p.a. (for $0 to $250,001)
Yes up to $250,000
Bank of Queensland
Fast Track Saver Account
0.05% p.a.(for $1 and over)
1.05% p.a. (for $1 to $250,000)
Yes up to $250,000
Up
Saver Account
0% p.a.(for $0 and over)
1.10% p.a. (for $0 to $1,000,000)
Yes up to $250,000
ANZ
Progress Saver
0.01% p.a.(for $0 and over)
0.40% p.a. (for $0 and over)
Yes up to $250,000
Newcastle Permanent
Smart Saver
0% p.a.(for $0 and over)
1.40% p.a. (for $0 and over)
Yes up to $250,000
