This is a savings account that offers competitive, tiered interest rates on your balance. This means that the more you save, you will be rewarded with a higher interest rate. There is no minimum deposit required, so you can get started and kick start your savings today. The below rates are for the top balance bracket.
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Regional Australia Bank Internet Maximiser
- Maximum variable rate
- 3.25% p.a.
- Base interest rate
- 3.25%p.a.
Our verdict
Tiered interest up to 3.25% p.a. meaning the more you save the more interest you earn.
You get the best of both worlds with this account - you earn competitive interest on your balance and aren't penalised if you need to access your savings.
Pros
-
Competitive tiered interest
-
Unlimited Internet and mobile banking available
-
No minimum balance
-
Instant access to funds
Cons
-
Limited branch network available
Details
Key details
| Product Name | Regional Australia Bank Internet Maximiser |
| Maximum Variable Rate | 3.25% p.a. |
| Standard Variable Rate | 3.25% p.a. |
| Monthly Account Fee | $5 |
| Minimum Opening Deposit | $0 |
| Minimum Age | 18 |
Key features
The monthly access account fee is waived if you meet the minimum account balance requirement, or make no withdrawals in the month. It is also waived if you're under the age of 18.
Take advantage of unlimited free internet and mobile banking with this account, however be aware that international transaction fees do apply.
Interest on this account is calculated daily and paid monthly.
How to apply
You need to become a member of Regional Australia Bank in order to open an account. Do this by phoning the bank or visiting one of its branches. Alternatively, you can fill in an enquiry form on Regional Australia Bank's website and a member of their team will get in touch to help you open an account.Your reviews
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Alison Finder
Editor
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