Savings
Alex gets you a fee free, high yield savings account.
- Base rate
- 4.5%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 4.5% | — | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Account Keeping Fee | Ongoing | $0.00 |
Features
- Pay Anyone (Direct Entry)
- Unlimited transactions
- Unlimited electronic transactions via Alex Online (Internet Banking)
- Digital banking
- Mobile App
- Digital banking
- Internet Banking
Eligibility
- Individuals only — Not available for joint applicants or non-individual applicants
- Residency status — Individuals must be an Australian Citizen or Permanent Resident
- Minimum age — 18 years
- Residency status — Applicants must hold valid Australian Photo ID (Drivers Licence or Passport)
Constraints
- Maximum balance — $250,000.00
More Information
Published by Alex.Bank under the Consumer Data Right · Last updated 12 May 2026 · Product ID 086e30f2-dbbb-4252-a3a6-73848456b2cb · View on CDR.gov.au