Border Bank Savings Plus
![Border Bank Savings Plus Account](https://www.finder.com.au/global/images/providers/border-bank-logo.png)
- Maximum variable rate
- 4.50% p.a.
- Base interest rate
- 4.5%p.a.
- Minimum deposit
- $0
Summary
Save more and get rewarded with a no strings attached savings account from Border Bank.
A division of Police Bank, Border Bank offer banking products such as home loans, savings account and credit cards. Border Bank are a mutual bank. Mutuals are owned by their members who benefit from lower rates and fees. The Border Bank Savings Plus is a tiered account for savers looking for an incentive to save more. Different account balances attract different rates of interest. Balances over $250,000 are rewarded with 0.5% p.a. interest.
Pros
-
No minimum deposit required
-
Competitive interest rate
-
At-call access to funds
Cons
-
There's a $10 membership fee
Details
Key details
Product Name | Border Bank Savings Plus Account |
Maximum Variable Rate | 4.50% p.a. |
Standard Variable Rate | 4.50% 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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