Designed for those who like to manage their savings online

Online Saver Account is a special savings account for online use. Funds can be deposited by electronic transfer, payroll allocation or direct credit.

You will need to nominate an eligible Transactions Account, and withdrawals can only be made online, as a transfer to your eligible account.

Interest is calculated daily and paid monthly.

1.05 % p.a.

Features & benefits

Product Features:

Savings & Transaction Account Features
Minimum opening balance : $1
Internet External Transactions : $500
Internet International Transactions : $2500
ATM : n/a
Funds available at call : Yes
Branch Access : Yes
VISA Card : No
Internet Banking : Yes
Direct Entry Credits : Yes
Direct Entry Debits : No
Periodical Payments : Yes
Quick Debits : Yes
Payroll Allocation : Yes
Interest Calculation : Daily Balance
Interest Method : Flat Rate
Interest Payment Frequency : Last day monthly
Online Saver Account  Interest rate 
$1 and over  1.05% p.a.
Feature Charges
In branch withdrawals $4
Electronic withdrawals Free

Saving's now as easy as spending.

Explore our Savings and Term Deposit accounts - they work hard so you don’t have to.

Bank & save calculators

Wondering how much you can borrow? Or what you repayments will be each month? Our bank & save calculators can crunch the numbers for you.

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  • 1 Variable Interest. Calculated on Daily Balance. Interest paid monthly. Refer to Conditions of Use for full details.
  • 2 A higher limit is available by application for members who have registered to receive SMS One Time Passwords.
  • 3 An Introductory Interest Rate offer may be available from time to time. Such offers will only apply to new Online Saver (S5) opened during the offer period. The Introductory Interest Rate will apply in addition to the standard interest rate and will apply from the date the account is opened and for the time specified within the offer. Each offer may also be subject to further qualifying criteria, such as minimum amount, which will be specified at the time of the offer. A New Money Interest Rate offer may be available from time to time. The New Money Interest Rate will apply in addition to the standard interest rate to funds deposited during the offer period from the day of the deposit and for the time specified within the offer. The amount eligible to earn the New Money Interest Rate will reduce when withdrawals are made so that only the portion of balance that exceeds the balance on the first day of the offer will be eligible. Each offer may also be subject to further qualifying criteria, such as minimum amount, which will be specified at the time of the offer.