The Online Savings Account is designed to help you save money with a high interest rate, while giving you access to funds when you need it. Simply link your Online Savings Account to any other bank account in the same name (where your account is held in joint names your nominated account must also be in the name of the joint account holders).
Anyone who’s at least 12 years old, is opening the account for personal use, and who fits one of the following categories:
Anyone applying for an account needs to personally complete their application. No ifs, ands or buts. Apply online now.
No, this account is specifically for personal use only.
There is no minimum balance. You earn high interest on the full balance of your account.
You can open your account straight away online provided we can successfully ID you.
If you already have access to our internet banking services, simply use your same customer ID and access code.
You can make deposits whenever you like by transferring money from your nominated linked account using internet banking. You can also make deposits from an non-nominated account i.e. an account that is not currently linked to your Online Savings Account.
You can withdraw money by transferring funds to your nominated account any time via Internet Banking.
No, our Online Savings Account comes with absolutely zero bank fees!
Yes, you'll receive notice in your statements. Our website will also feature the most up-to-date interest rates, or you can call us for more information.
To ensure you always qualify for the Bonus Rate, simply make a PayPass transaction at least once every 7 days. If you leave more than 7 days between PayPass transactions, you may not be eligible for the Bonus Rate for that month.
The bonus rate won’t show up on internet banking until the last few days of the month; and it’ll only show up then if you’ve actually qualified for the rate.
The BSB for our Online Savings Account is 944 600
At the end of the month, if you qualified for the bonus you’ll see two interest payments: one for your base interest rate, and one for the bonus
Statements are issued six monthly at the end of June and December.