Earn up to 1.20% p.a interest in 3 simple steps

Total variable interest rate including 1.10% p.a. bonus interest1

For more detailed information about the Bonus Saver Account please see our terms and conditions, financial services guide, interest rates and fees and charges for deposit accounts.

Features and benefits

Save more with no everyday fees

We don't charge you for everyday use of your Bonus Saver account

Fees for everyday use
Monthly account keeping fee$0
ATM withdrawalsA fee may be charged by the operator of the ATM$0
BPAY transactions$0
Direct Debit transactions$0
EFTPOS transactions$0
Internet Banking transfers$0
Other fees
Cash advance$0
Deposits via Bank@Post™$0
Withdrawals via Bank@Post™$3
Foreign currency conversionPercentage of the transaction amount3%
Overdrawn accounts & rejected transactions$15
Rejected transfers to external accounts$16.50

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Learn more about your Bonus Saver account

How is interest calculated?
Interest is calculated daily, paid monthly and interest rates are subject to change from time to time. Bonus interest applies when eligibility criteria met. Bonus interest is payable only on balances up to $250,000. The base rate of interest will be paid on the portion of any balance exceeding $250,000. Current interest rates are available in interest rates for personal deposit accounts.
What are the eligibility criteria for earning Bonus Interest each month?
Make an eligible deposit of $20+ into your Bonus Saver Account each month and make 5+ settled Visa Debit transactions each month using your linked transaction account.
What are eligible deposits?
Eligible deposits to your Bonus Saver account to meet the criteria for bonus interest include: Transfers between your accounts, direct credits, NPP transactions, cash deposits, SWIFT payments and Telegraphic Transfers (TT).
What are ineligible deposits?
Ineligible deposits to Bonus Saver account to meet minimum deposit criteria include: Bank@Post deposits or transfers, cheques, money orders, travellers cheques, international drafts and foreign currency. Interest credit, fee refunds or returned payments are also ineligible.
Which VISA transactions are eligible?
Eligible Visa transactions must be settled in the current month (not pending) on the linked account and include; EFTPOS transactions and EFTPOS transactions with cash out, online purchases and in store purchases, regular card payments, payWave, Apple Pay, Google Pay, Samsung Pay, Garmin Pay and Fitbit Pay transactions.
Which transactions are ineligible?
The following card transactions are ineligible: EFTPOS cash out only transactions, Local and International ATM withdrawals, transfers or balance enquiries, Cash Advances and Pending Card Transactions. The term ‘Settled (not pending)’ means for any purchases made on your card, that the transaction must be fully processed to your account during the current month and not have a pending status at the end of the month. Transactions with a pending status at month end do not count towards your 5 eligible Visa transactions however will count towards eligible transactions in the following month when they settle.

Calculators and Resources

Savings Plan Calculator

Budget Planner

Privacy Policy

Disclosure Docs

1 Interest calculated daily, paid monthly and interest rates subject to change from time to time. Bonus interest applies when eligibility criteria met. Bonus interest is payable only on balances up to $250,000. The base rate of interest will be paid on the portion of any balance exceeding $250,000. Current interest rates are available in interest rates for personal deposit accounts.

Eligible deposits to Bonus Saver account include: Transfers between your accounts, direct credits, NPP transactions, cash deposits, SWIFT payments and Telegraphic Transfers (TT).

Ineligible deposits to Bonus Saver account include: Bank@Post deposits or transfers, cheques, money orders, travellers cheques, international drafts and foreign currency. Interest credit, fee refunds or returned payments are also ineligible.

Eligible Visa transactions must be settled in the current month (not pending) and include; EFTPOS transactions and EFTPOS transactions with cash out, online purchases and in store purchases, regular card payments, payWave, Apple Pay, Google Pay, Samsung Pay, Garmin Pay and Fitbit Pay transactions.

The following card transactions are ineligible: EFTPOS cash out only transactions, Local and International ATM withdrawals, transfers or balance enquiries, Cash Advances and Pending Card Transactions. The term ‘Settled (not pending)’ means for any purchases made on your card, that the transaction must be fully processed to your account during the current month and not have a pending status at the end of the month. Transactions with a pending status at month end do not count towards your 5 eligible Visa transactions however will count towards eligible transactions in the following month when they settle.


Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Google Pay is a trademark of Google LLC. Samsung Pay is a trademark or registered trademark of Samsung Electronics Co., Ltd. Fitbit and the Fitbit logo are trademarks or registered trademarks of Fitbit, Inc. in the U.S. and other countries. Garmin Pay is a trademark of Garmin Ltd. or its subsidiaries.

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