In this guide

  • Our verdict
  • Details
    • Key details
  • Key features
  • How to apply
  • Compare other savings accounts
  • Your reviews
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Great Southern Bank eSaver Flexi

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Great Southern Bank eSaver Flexi

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Maximum variable rate
4.20% p.a.
Base interest rate
4.2%p.a.

Our verdict

This is a great ongoing rate considering there are no monthly conditions to meet and you can make withdrawals whenever you want.

This rate of 4.2% p.a. isn't the highest in the market, but, considering there are no conditions to meet to get it it's actually quite good. This account could suit you if you want to earn a decent amount of interest without having to jump through any hoops.

Unlike some other savings accounts that don’t allow you to make withdrawals, this account allows you to withdraw as often as needed while still earning interest each month, making it a flexible option for savers. There are also no monthly deposit conditions to meet, so it could suit you if you don't have a regular income or simply don't want to have to remember to make a monthly deposit.

Pros

  • No account conditions to earn the ongoing 4.2%
  • No monthly account fees
  • Can make withdrawals and still earn interest

Cons

  • Interest rate not as high as some others in the market

In this guide

  • Our verdict
  • Details
    • Key details
  • Key features
  • How to apply
  • Compare other savings accounts
  • Your reviews

Details

Key details

Product Name Great Southern Bank eSaver Flexi
Maximum Variable Rate 4.20% p.a.
Standard Variable Rate 4.20% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $1
Minimum Age 18

Key features

$0 monthly fees

This account doesn't charge monthly account-keeping fees.

Earn an ongoing interest rate of 4.2% p.a.

This account offers an ongoing variable rate of 4.2% p.a. on your savings balance. You don't need to meet any account conditions to earn this rate.


How to apply

Eligibility

You can open a Great Southern Bank eSaver Flexi Account online in less than 10 minutes. Make sure you meet the eligibility requirements and have the necessary documents ready.

  • Age requirements. You must be at least 18 years of age to open this account.
  • Residency requirements. You must be an Australian resident or citizen with an Australian residential address.

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Ubank High Interest Save Account
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Get 5.5% on your savings (up to $100K) when you deposit $500 per month. Get 5.00% on savings between $100K and $250K.
Rabobank High Interest Savings Account
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Maximum Variable Rate p.a.
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Standard Variable Rate p.a.
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Earn a high interest rate of 5.75% for the first 4 months and then 4.4% thereafter, with $0 account keeping fees and no monthly balance requirements.
ING Savings Accelerator ($150,000 - $500,000)
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Ideal for higher balances, savers can earn up to 4.7% for the first 4 months and up to 4.7% thereafter. There are no conditions and $0 account-keeping fees.
Ubank High Interest Save Account
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Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
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Rabobank High Interest Savings Account
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Maximum Variable Rate p.a.
5.75%
Standard Variable Rate p.a.
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ING Savings Accelerator ($150,000 - $500,000)
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Maximum Variable Rate p.a.
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Standard Variable Rate p.a.
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4 months
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Newcastle Permanent Smart Saver Account - Under 25s
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Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
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Macquarie Savings Account
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Maximum Variable Rate p.a.
5.35%
Standard Variable Rate p.a.
4.75%
Intro/Ongoing
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Monthly Max Rate Conditions
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Bank of Queensland Simple Saver Account
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Maximum Variable Rate p.a.
4.85%
Standard Variable Rate p.a.
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Monthly Max Rate Conditions
  • Balances up to $5,000,000
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Suncorp Bank Growth Saver Account
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Maximum Variable Rate p.a.
5.05%
Standard Variable Rate p.a.
0.35%
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Ongoing
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Monthly Max Rate Conditions
  • Grow balance by $200 each month (excl. interest)
  • Only 1 withdrawal
  • No balance limit on earning interest
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ING Savings Maximiser
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Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
0.55%
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Monthly Max Rate Conditions
  • Deposit $1,000
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ME HomeME Savings Account
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Maximum Variable Rate p.a.
5.55%
Standard Variable Rate p.a.
0.55%
Intro/Ongoing
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Monthly Max Rate Conditions
  • Deposit $2000
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Newcastle Permanent Smart Saver Account
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Maximum Variable Rate p.a.
4.50%
Standard Variable Rate p.a.
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Standard Variable Rate p.a.
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IMB Reward Saver Account
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Earn up to 3.25% p.a. after the introductory period ends.
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