MOVE Bank Growth Saver
- Maximum variable rate
- 5.50% p.a.
- Base interest rate
- 0.1%p.a.
- Minimum deposit
- $200
Our verdict
MOVE Bank's Growth Saver offers a high interest rate and easy-to-meet account conditions. But the maximum balance is very low.
With a rate of 5.5%, MOVE Bank's Growth Saver account has one of the market's more competitive rates.
And it's easy to get because you only need to deposit $200 a month and make no withdrawals. But the maximum account balance is just $25,000. This makes it a suitable account for people looking to grow a small amount of savings. Anyone who already has a large amount of money saved should look elsewhere.
Pros
-
High interest rate
-
Account conditions are easy to meet
-
No monthly fees
Cons
-
Low maximum balance
Details
Product details
Product Name | MOVE Bank Growth Saver |
Maximum Variable Rate | 5.50% p.a. |
Standard Variable Rate | 0.10% p.a. |
Monthly Account Fee | $0 |
Minimum Age | 18 |
How to apply
You can apply online via MOVE Bank's website or via phone.
Eligibility
You are eligible for the MOVE Bank Growth Saver account if:
- You are 18 or older
- You are using the Growth Saver account for personal use
Your reviews
Richard Finder
Editor
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