Reward Saver Account
Helps you reach your savings goals faster by rewarding you with bonus interest for regular savings
- Base rate
- 0%
- Bonus rate
- 3.2%
- conditions apply
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Bonus | 3.2% | $0 to $1,000,000 | monthly |
| Bonus | 0% | $1,000,000.01 & above | monthly |
| Variable | 0% | $0 to $1,000,000$1,000,000.01 & above | monthly |
| Introductory Introductory Fixed Bonus Interest Rate is payable for the first 4 interest payments for new accounts opened from 18th March 2026, for new or existing members who have not held a Reward Saver account before. To earn bonus interest account holder must make a minimum $50 deposit and no withdrawals per month. If bonus interest criteria are not met for the calendar month, both the Standard Variable Bonus Interest and Introductory Fixed Bonus Interest Rate are forfeited. This offer is available for a limited time only. | 2.15% | $0 to $1,000,000 | monthly |
| Introductory Introductory Fixed Bonus Interest Rate is payable for the first 4 interest payments for new accounts opened from 18th March 2026, for new or existing members who have not held a Reward Saver account before. To earn bonus interest account holder must make a minimum $50 deposit and no withdrawals per month. If bonus interest criteria are not met for the calendar month, both the Standard Variable Bonus Interest and Introductory Fixed Bonus Interest Rate are forfeited. This offer is available for a limited time only. |
Fees
| Fee | Type | Amount |
|---|---|---|
| Special clearance on cheques Maximum charge. Charges either wholly or partly imposed by third parties. | Event | $16.00 |
| Phone Banking - Operator Assisted – Purchase Financial Institution Cheque Per cheque | Withdrawal | $6.00 |
| Phone Banking - Operator Assisted – Cheque bill payments Per cheque | Withdrawal | $6.00 |
| Phone Banking - Operator Assisted - All other financial transactions Excludes phone enquiry, Cheque withdrawal/cheque bill payment. | Transaction | $0.50 |
| Visa Debit Card - EFTPOS transaction, cash-out & decline Fee payable if the transaction is processed via EFTPOS at the merchant’s election, including contactless Visa debit card transactions. | Transaction | $0.85 |
| Visa Debit Card - International purchase A transaction fee of the higher of $5 or 2.5% is charged for any international purchase made using a Visa Debit Card in: a) a currency other than $AUD (after conversion to $AUD); or b) $AUD (or any other currency) where either the merchant or the entity processing the transaction is located outside Australia. Note: it may not always be clear to you that the merchant or entity processing the transaction is located outside Australia. |
Features
- Card access — IMB Visa Debit Card and Cashcard available
- Visa Debit Card is not available to individuals under 15
- Additional cards
- Account holders may hold both a Visa Debit and Cashcard per eligible account
- Free transaction allowance
- IMB's Member Transaction Allowance applies to offset transaction fees on this account.
- Digital banking
- Internet Banking and Mobile Banking App.
- PayID
- Create a PayID through IMB’s Internet Banking or Mobile Banking App to receive Osko payments.
- Real-time payments (NPP)
- This account type is enabled for Osko payments, via the New Payments Platform (NPP). Osko is the faster way to pay or receive money from friends, family and businesses. No more waiting days for money to change hands. Now you can pay and be paid in a matter of seconds
Eligibility
- Pension recipients
- Individuals only
Constraints
- Opening balance — $1.00
- Maximum withdrawals permitted before Bonus Interest is forfeited for the month. — 0
More Information
Published by IMB Bank under the Consumer Data Right · Last updated 28 May 2026 · Product ID TSA-22-1 · View on CDR.gov.au