This account has no account keeping fees and pays a high, competitive bonus interest rate when you meet the conditions, helping to give your savings an extra boost. You can open an account with as little as $1, meaning you can get started today.
Hume Bank Reward Saver
- Maximum variable rate
- 5.00% p.a.
- Base interest rate
- 0.01%p.a.
- Minimum deposit
- $10
Our verdict
A savings account with up to 4.99% bonus interest to give your balance an extra boost.
To receive the bonus interest, all you need to do is make a small monthly deposit and no withdrawals - think of it as an incentive to save!
Pros
-
No account keeping fees
-
Internet and phone banking
-
Low monthly deposit required for bonus interest
Cons
-
If you're not a member of Hume Bank, you can not apply for this account online
-
If you make a withdrawal you will not receive the bonus interest
Details
Key details
Product Name | Hume Bank Reward Saver |
Maximum Variable Rate | 5.00% p.a. |
Standard Variable Rate | 0.01% p.a. |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $1 |
Minimum Age | 18 |
Key features
There are no account keeping fees with this account.
You receive two fee-free branch withdrawals per month with this account, however making withdrawals means you will forfeit your bonus interest for that month.
How to apply
If you're already a member of Hume Bank you can apply online for this account. If you are not a member, you will need to visit a local branch with ID such as a drivers licence or passport in order to apply for this account.
Your reviews
Alison Finder
Editor
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.