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
The incentive saver with St. George is seamless and easy to navigate. It holds you accountable to your savings goals as if you withdraw from the account, you lose interest for that month that you could’ve gained. There are no hidden fees and the bank are transparent and helpful. The only downfall is online banking and mobile app are often out of service.
Read full reviewThe incentive saver with St. George is seamless and easy to navigate. It holds you accountable to your savings goals as if you withdraw from the account, you lose interest for that month that you could’ve gained. There are no hidden fees and the bank are transparent and helpful. The only downfall is online banking and mobile app are often out of service.
New customers receive $50 when u open up a new complete saver account.
Read full reviewNew customers receive $50 when u open up a new complete saver account.
St.George is a fantastic bank. Always great customer service and low fees.
Read full reviewSt.George is a fantastic bank. Always great customer service and low fees.
My whole family uses St. George because, in our opinion, it is far more trustworthy and reliable than other financial institutions. While I think the interest rates offered by this bank could be vastly improved, the security of St. George can’t be faulted. It is readily available at a variety of locations, and customer support has always been extremely helpful to me. While the app (internet banking) leaves much to be desired in terms of ease of use, interface (the lag is extremely annoying) and sleekness (the app itself feels very slow and clunky), St. George itself is reliable and overall a wonderful bank.
Read full reviewMy whole family uses St. George because, in our opinion, it is far more trustworthy and reliable than other financial institutions. While I think the interest rates offered by this bank could be vastly improved, the security of St. George can’t be faulted. It is readily available at a variety of locations, and customer support has always been extremely helpful to me. While the app (internet banking) leaves much to be desired in terms of ease of use, interface (the lag is extremely annoying) and sleekness (the app itself feels very slow and clunky), St. George itself is reliable and overall a wonderful bank.
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.
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.
Virgin Money
Boost Saver with Go Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 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
Virgin Money
Grow Saver
0.65% p.a. (for $0 and over)
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
Bankwest
Hero Saver
0.70% 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
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
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
Virgin Money
Boost Saver with Go Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 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
Virgin Money
Grow Saver
0.65% p.a. (for $0 and over)
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
Bankwest
Hero Saver
0.70% 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
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
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
Virgin Money
Boost Saver with Go Account
0.10% p.a.(for $0 and over)
1.20% p.a. (for $0 to $250,000)
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
Virgin Money
Grow Saver
0.10% p.a.(for $0 and over)
0.65% p.a. (for $0 and over)
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
Bankwest
Hero Saver
0.01% p.a.(for $0 to $5,000,000)
0.70% 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
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
ANZ
Progress Saver
0.01% p.a.(for $0 and over)
0.40% p.a. (for $0 and over)
Yes up to $250,000
