What your money is currently earning with a Maxi Saver variable interest rate.
What your money could earn up to with your Incentive Saver account (includes 0.20% p.a. variable base rate and a maximum variable bonus rate of 0.25% p.a.)
|Account balance||Variable interest rate||Potential bonus interest rate1||Potential total interest rate|
|Up to $99999.99||0.20%||0.25% p.a.||0.45% p.a.|
|$100,000 to $249,999.99||0.20%||0.25% p.a.||0.45% p.a.|
|$250,000 and over||0.20%||0.25% p.a.||0.45% p.a.|
Every month your balance grows by $50 or more a month (for customers 21 or over) or $0.01 a month (for customers under 21) and keep your balance above $0.
Saving for something special? Name your account to suit your goal.
The freedom to withdraw without affecting your bonus interest1
Conditions, fees and charges apply. These may change or we may introduce new ones in the future. Full details are available on request. Lending criteria apply to approval of credit products. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. Unless otherwise specified, the products and services described on this website are available only in Australia from Bank of Melbourne - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.
1. For customers aged 21 years and over: grow your account by at least $50 a month.
For customer aged under 21 years (for joint accounts, both account holders must be under 21): grow your account by $0.01 a month.