Unity Bank’s MoneyMAX is a high-interest savings account with a rate of 4.75% p.a, which is greater than the average rate currently in our database. One of the big benefits of this account is that everybody gets access to that high interest rate – all you need to do is have $1 or more in your account. It’s this feature which helped Unity Bank win a Savings Accounts Mozo Experts Choice Award in 2024.
Tired of meeting special conditions every month to access high-interest savings rates? Unity Bank’s MoneyMAX account has skipped all that, and offers an interest rate of 4.75% p.a. as long as you have at least $1 in your savings account.
There is no introductory offer either, just a competitive ongoing rate of 4.75% p.a. whether you’ve had a Unity Bank MoneyMAX account for 1 month, 1 year, or more.
You don’t have to pay transaction fees or monthly service fees on a MoneyMAX account, and you’ve got the ability to access your money through the Unity Bank app, or via phone and internet banking. You also don’t need to link your MoneyMAX savings account to one of Unity Bank’s transaction accounts.
The Unity Bank MoneyMAX savings account can be a good option for those looking for a set and forget approach to grow their savings. The ability to get a high-interest rate of 4.75% p.a. every month with no strings attached is a great benefit for those who struggle to meet the special conditions and caveats that can come with other high-interest savings accounts.
While some will be pleased by Unity Bank’s easy approach to savings, some may be disappointed that there is no bonus interest offer on the table. For anyone looking to earn extra interest, consider one of the other winners in Mozo’s Experts Choice Awards for Savings Accounts.
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Balances from $1: 4.75% p.a. |
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n/a |
|
|
n/a |
|
$0.00 |
|
|
n/a |
|
|
Unlimited online access visa Banking App, Phone and Internet Banking. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
$0.00 |
|
|
$0.00 |
|
|
n/a |
|
$1.00 |
|
|
$0.00 |
|
|
Monthly |
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no |
|
|
n/a |
|
|
no |
|
|
no |
|
|
no |
|
|
no |
|
|
no |
|
|
no |
|
|
yes |
|
|
yes |
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|
no |
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Branch access for deposits only. |
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none |
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none |
^See information about the Mozo Expert Choice Awards
Savings Maximiser
5.50% p.a. (for $0 to $100,000)
0.55% p.a.(for $0 and over)
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
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
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+Bonus
5.00% p.a. (for $0 to $250,000)
2.00% p.a.(for $0 to $250,000)
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
Life - 18-29 years old
5.20% p.a. (for $0 to $30,000)
2.00% p.a.(for $0 and over)
Yes up to $250,000
Savings Accelerator
3.35% p.a. (for $0 to $50,000)
2.85% p.a.(for $0 to $50,000)
Yes up to $250,000
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)
Savings Maximiser
5.50% p.a. (for $0 to $100,000)
Yes up to $250,000
0.55% p.a.(for $0 and over)
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)
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+Bonus
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
2.00% p.a.(for $0 to $250,000)
Life - 18-29 years old
5.20% p.a. (for $0 to $30,000)
Yes up to $250,000
2.00% p.a.(for $0 and over)
Savings Accelerator
3.35% p.a. (for $0 to $50,000)
Yes up to $250,000
2.85% p.a.(for $0 to $50,000)
Savings Maximiser
0.55% p.a.(for $0 and over)
5.50% p.a. (for $0 to $100,000)
Yes up to $250,000
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
High Interest Savings Account
4.40% p.a.(for $0 to $250,001)
5.75% p.a. (for $0 to $250,001)
Yes up to $250,000
Savings+Bonus
2.00% p.a.(for $0 to $250,000)
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
Bonus Saver Account
0.05% p.a.(for $0 and over)
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
Life - 18-29 years old
2.00% p.a.(for $0 and over)
5.20% p.a. (for $0 to $30,000)
Yes up to $250,000
Savings Accelerator
2.85% p.a.(for $0 to $50,000)
3.35% p.a. (for $0 to $50,000)
Yes up to $250,000
Kids Bonus Saver
0.05% p.a.(for $0 and over)
0.85% p.a. (for $5,556 to $50,001)
Yes up to $250,000