Online Saver
A flexible online savings accounts which allows you to bucket your savings goals.
- Base rate
- 4.45%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Funds available at call and accessed via internet banking. Interest calculated daily on whole of balance and credited monthly. · Base rate available for balances between $0.01 and $4,999.99 | 4.35% | $0.01 to $499,999.99 | monthly |
| Variable Funds available at call and accessed via internet banking. Interest calculated daily on whole of balance and credited monthly. · Available for balances from $5,000.00 to $149,999.99 | 2.75% | $2,000,000.00 and above | monthly |
| Variable Funds available at call and accessed via internet banking. Interest calculated daily on whole of balance and credited monthly. · Available for balances from $5,000.00 to $149,999.99 | 4.45% | $500,000.00 to $1,999,999.99 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Dishonour Fee A fee charged where a debit presented to us is dishonoured because there aren't enough available funds in your account. | Dishonour | $0.00 |
| Staff assisted withdrawal fee A fee charged for taking money out of your account with the assistance of a staff member, charged on the day the service is provided. | Event | $0.00 |
| Monthly Fee Charged monthly · A flat fee payable on the last day of each month. | Ongoing | $0.00 |
| Online international payment in foreign currency This fee is charged when you make an International Payment in foreign currency on-line via Internet banking or Bank Australia app. The cost is per transfer. | Payment | $10.00 |
| Duplicate statement fee $5 per statement (for period more than 3 months before request). A fee that may be charged if you order a copy of a statement that has already been issued on your account. This fee per statement and is charged on or after the day you order the duplicate statement. | Event | $5.00 |
| Certificates supplied by the bank A fee for comprehensive certificates supplied for audit. The cost is $5 per page and $25 per hour. |
Features
- Bill payment (BPAY) — BPAY
- You can pay bills with the BPAY logo via Bank Australia App or Internet Banking.
- Digital banking
- You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.
- Notifications — Account Notifications
- Notifications can be enabled in the App or through Internet Banking, allowing you to be alerted either by email, sms or through the App about your account activity.
- Real-time payments (NPP)
- Move money and pay people instantly with Osko.
- PayID
- With PayID you can forget your BSB and account number - simply use your mobile, email or ABN to receive payments. This account can be linked to a PayID.
- Round Up: When you make a transaction with your Visa debit card, you can decide whether you want the amount to be rounded to the nearest whole dollar amount, with the round up being credited from your transaction account into your nominated Savings account or Credit Card. This account can receive Round Up credits.
Eligibility
- Minimum age — 0 yearsChildren aged 12 years and younger requires that a parent or guardian is a signatory to the account until the child turns 13 years old. At the age of 13 years old, the parent or guardian may at the child's election, cease to be a signatory.
- Individuals onlyNatural Person or In trust for a Natural Person
- Personal, Joint and Trust
- Residency status — AUMust be an Australian citizen, permanent resident or have a valid Visa.
More Information
Published by Bank Australia under the Consumer Data Right · Last updated 3 July 2026 · Product ID a5e38f71-fd3d-4a3a-8c05-7b9d4d6bfcca · View on CDR.gov.au