Border Bank Bonus Saver
![Border Bank Bonus Saver Account](https://www.finder.com.au/global/images/providers/border-bank-logo.png)
- Maximum variable rate
- 4.55% p.a.
- Base interest rate
- 0.05%p.a.
- Minimum deposit
- $100
Summary
Earn bonus interest each month you deposit $100 and make no withdrawals.
The Border Bank Bonus Saver is a fee-free savings account that encourages you to grow your savings by paying bonus interest when you deposit money. You can earn an ongoing bonus interest rate of 4.55% when you make no withdrawals and deposit 100 or more each month.
If you don't meet the criteria for bonus interest one month, you can still be eligible the following month.
Pros
-
Low monthly deposit requirement
-
Bonus rate is ongoing each month
-
No monthly spend requirement
Cons
-
Withdrawal restrictions apply
-
Very low standard variable rate if conditions aren't met
Details
Key details
Product Name | Border Bank Bonus Saver Account |
Maximum Variable Rate | 4.55% p.a. |
Standard Variable Rate | 0.05% p.a. |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $0 |
Minimum Age | 18 |
Your reviews
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Alison Finder
Editor
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