Savings Accounts

Incentive Saver

Focussed. Disciplined. Rewarding.

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Bonus offer

4.40 % P.A.

Total variable rate

Earn up to 4.40% p.a. with a variable base rate of 0.40% p.a., and a variable bonus* rate of 4.00% p.a.. Only on balances remaining below $250,000. 

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Bonus Interest

Grow your account by at least $50 a month, excluding interest paid*

Ensure your account balance remains between $0 and $249,999.99

Are you under 18? Get a $50 kickstart


With an Incentive Saver savings account and a Complete Freedom transaction account. Ends 30/09/2025. New customers only. T&Cs apply.

Find out more

Frequently asked questions

  • Keep your account balance above $0 at all times.
  • Make a deposit into the account*. Interest paid into the account doesn’t count.
  • Your balance must be higher at the end of the month than at the beginning. 

Standard rates

  • 4.40% p.a. Total variable rate, combining a variable base rate of 0.40% p.a. and a variable bonus* rate of 4.00% p.a. for account balances remaining below $250,000. Check rates here. 
  • 4.25% p.a. Total variable rate, combining a variable base rate of 0.40% p.a. and a variable bonus* rate of 3.85% p.a. for account balances of $250,000+. Check rates here.
  • 0.40% p.a. Variable base rate on your balance, for those months when your balance does not grow*. Check rates here.

Fees and charges

  • $0.00 Account-Keeping Fee

     
  • $0.00  Staff assisted (branch and telephone)

Please read the Terms and Conditions for the full fee schedule.

Calculate what you could earn on your savings

Estimate how much you’ll need to put away each month for the things you want, from your starting balance to how long it may take you to reach your goal.


Go to Savings Calculator

Features

Automatic transfers
Help yourself get the total reward rate by setting up a monthly deposit in online banking.
Uncapped saving
Interest is calculated on the total balance of your Incentive Saver with no limit on deposit amounts.
Government guarantee
The Financial Claims Scheme guarantees deposits to a cap of $250,000 per account-holder.
Quick Balance
Know exactly how much money you have on hand, at a glance at your smartphone or watch.

In detail

Before making a decision about any of our products or services, please read all the terms and conditions and consider whether the product or service is right for you. Fees and charges apply and may change.
T&Cs and Fees
Interest rates

How to open an account

1.
Read both the terms and conditions, and fees above
2.
Give yourself a few minutes
3.
Have your contact details handy
4.
Have your Tax File Number (TFN) ready
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Not right? Try these?

Maxi Saver

Straight forward savings

Term deposits

Fixed returns

The Detail

* Grow your account balance by at least $50 a month (for customers 21 or over) or $0.01 a month (for customers under 21), excluding interest paid, ensuring your account balance remains between $0 - $249,999.99.