Active Saver Account

A great account to kick start your child's savings. Offering a fantastic interest rate to boost your child's account balance and the ability to earn bonus interest^.

Great Interest rate
Bonus interest^{^}
Fee Free Banking

Up to
0.50% pa¹
Interest Rate

Up to
0.50% pa²
Additional Bonus Rate

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Key Features:

Active Saver Account
Interest Rates
Maximum rate	0.50% pa¹
Bonus interest rate	0.50% pa²
Tiered Rates
$0 - $5,000	0.50% pa
Over $5000	0% pa
Key Features
Minimum opening balance	$1
Interest income	Calculated on the minimum daily balance, paid monthly. Interest is only payable on balances up to $5,000.
Fee-Free Withdrawals	Limited to one withdrawal per month
Fee-Free Deposits	Unlimited
Special Conditions	To receive bonus interest $5 deposit and no withdrawals each month.
Access Methods
Access to funds	At Call
ATM/EFTPOS access	No
Internet Banking	Enquiry Only
Banking App	Enquiry Only
BPAY®	No
Direct credit	Yes
Direct Debit	Yes, this is considered a withdrawal on the account
Periodic payments	No
Statements	6 monthly or as requested
Branch access	Yes

Additional Information:

¹ Interest is only payable on balances up to $5,000.

² Conditions apply. ^Bonus interest is earned when a minimum $5 is deposited into the account each month and no withdrawals are made.