---
title: "Savings — Alex.Bank"
description: "Transaction & Savings Accounts from Alex.Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/alex-bank/products/086e30f2-dbbb-4252-a3a6-73848456b2cb
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-12T14:01:10Z
---

# Savings — Alex.Bank

> Transaction & Savings Accounts from Alex.Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts · Alex Bank**

Alex gets you a fee free, high yield savings account.

## At a glance

- **Base rate:** 4.5%

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 4.5% | — | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Account Keeping Fee — month | 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 from Alex.Bank

- [Overview](https://www.alex.bank/save/)
- [Terms & conditions](https://www.alex.com.au/legal/terms-conditions-savings/)
- [Eligibility](https://www.alex.bank/legal/savings-account-target-market-determination/)
- [Fees & pricing](https://www.alex.com.au/legal/savings-rate-fee-guide/)

## Data provenance

- Published by Alex.Bank under the Consumer Data Right
- Product ID: `086e30f2-dbbb-4252-a3a6-73848456b2cb`
- Last updated by the provider: 12 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/alex-bank/086e30f2-dbbb-4252-a3a6-73848456b2cb
- Provider page: https://www.cdrcompare.au/brands/alex-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000443

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/alex-bank/products/086e30f2-dbbb-4252-a3a6-73848456b2cb) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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