Great Southern Bank Everyday Saver
- Maximum variable rate
- 4.30% p.a.
- Base interest rate
- 4.3%p.a.
Our verdict
The Great Southern Bank Everyday Saver has a fairly high interest rate and the best part is there are no conditions to get it.
The Great Southern Bank Everyday Saver lets you earn a fairly high interest rate of on your savings up to a balance of $750,000. While many savings accounts have higher rates, this one doesn't have any conditions to get the rate. No monthly deposit, no withdrawal conditions. You just put the money in and earn interest.
Pros
-
Decent rate with no hoops to jump through
-
No ongoing fees
Cons
-
No interest on balances above $750,000
-
Competitive, but not the highest rate on the market
Details
Key details
| Product Name | Great Southern Bank Everyday Saver Account |
| Maximum Variable Rate | 4.30% p.a. |
| Standard Variable Rate | 4.30% p.a. |
| Monthly Account Fee | $0 |
| Minimum Age | 18 |
Key features
Interest rate
With this account there are no conditions to meet each month. As long as you have under $750,000 saved, you'll get the full interest rate of on your savings.
Interest is calculated daily and paid monthly.
No account fees
The Great Southern Bank Everyday Saver has no monthly account fees.
Access
You can access your savings via online and mobile banking.
Savings tools
Great Southern Bank has some clever tools to help you hit your savings goals. The Vault helps you lock some money away and motivates you to not touch it (but still gives you access in an emergency).
How to apply
Eligibility
The Great Southern Bank Everyday Saver is for customers who:
- Be an Australian resident
You can apply online in just a few minutes. You'll need some ID, email address and an Australian mobile number.
Your reviews
Richard Finder
Editor
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