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Some things work better together.
Like coffee in the morning or summer at the beach, some things work better together. Similarly, if you pair a Home Saver Account with an Everyday Snap Account^, you could qualify for bonus interest on your Home Saver Account* that’ll help you achieve your savings goals sooner!

Why Switch to Everyday Snap?

While you will need to make Everyday Snap your main transaction account in order to qualify for bonus interest on your savings, there are plenty of other good reasons to make the switch…

  • $0 monthly account fee
  • Unlimited fee-free transactions
  • Refund of international card transaction fees if you meet the eligibility criteria at the end of each month+
  • Tap and pay with your smart device using Google Pay™, Apple Pay or Samsung Pay.>
  • Visa Debit card
Find out more
Deposit
$2,000
or more each month into your Everyday Snap Account from a non-Great Southern Bank account and make five or more Visa Debit card purchases from your Everyday Snap Account*
Earn up to
0.95% p.a.
0.05%
base rate
Bonus 0.90% interest*
on balances up to $100,000 in your Home Saver Account
NEW FEATURE
Never miss out on your bonus interest
Check your progress and always know when you’re getting your bonus interest - with a little help from our Bonus Interest Tracker.

Why bundle your Home Saver and Everyday Snap Accounts?

Besides qualifying for bonus interest on your Home Saver Account, there are many other benefits to managing your Home Saver and Everyday Snap accounts together in one place.
Access your money and keep your interest
Gives you the flexibility to dip into your Home Saver savings when you need them without losing your bonus interest, as long as you keep depositing $2,000 or more into (and make five or more Visa debit card purchases from) your Everyday Snap Account each month.
Boost your savings
Save every time you spend with The Boost. Simply pre-set an amount between $0.01 and $5 to transfer from your nominated Great Southern Bank account to your Home Saver Account when you make a transaction with your Great Southern Bank Visa Debit card.
Hide your savings in The Vault
Remove the temptation to dip into your savings by hiding your Home Saver Account in The Vault.
Conveniently track and move money
Track your accounts in one place and instantly move money between your Home Saver and Everyday Snap accounts with online and mobile banking.
Ready to apply online today?
You can open a Home Saver Account online with us in less than five minutes.
The process
01. Ensure you are eligible to apply
There are a few eligibility requirements you should be aware of before applying for a Great Southern Bank Home Saver Account.
02. Apply online
It should take about five minutes. You will need proof of ID.
03. Ensure Everyday Snap is your main transaction account
If you don’t already have an Everyday Snap Account, you will need to open one to qualify for bonus interest on your savings.
04. Watch your savings grow!
Set aside your savings in your Home Saver Account and earn bonus interest*
Eligibility
New to Great Southern Bank
  • You must be aged 18 or over
  • You must be an Australian resident
  • An email address and a mobile number
  • One form of ID such as your driver’s licence, passport or Medicare card
Existing Great Southern Bank account holder
  • Your existing customer number
  • Access to Great Southern Bank Online Banking

Frequently asked questions

Which everyday account do I need?

To qualify for bonus interest on your Home Saver account, you must pair it with a Great Southern Bank Everyday Snap Account.

How do I open an Everyday Snap Account?

All the information you need to open an Everyday Snap Account can be found here.

I have a different everyday account. How do I switch it to an Everyday Snap Account?

You can switch to an Everyday Snap Account easily via Online Banking. If you are not registered for Online Banking, all the information you need is on this page.

How do I qualify for bonus interest?

You can earn bonus interest on your Home Saver Account balances up to $100,000 (the proportion of your account balance over $100,000 will earn the base rate of interest). We determine whether you're eligible for bonus interest by looking at the deposits made into your Everyday Snap Account/s during the month. Each month a total of $2,000 (or more) needs to be deposited via electronic transfer from a non-Great Southern Bank account into your Everyday Snap Account/s.
This can be either:

  • A single deposit of $2,000 (or more); or
  • A number of deposits made during the month that equal or exceed $2,000.

Please note that deposits can be made to multiple Everyday Snap Accounts to qualify, just as long as they total $2,000 or more per month.

Also, please be aware that internal transfers from other Great Southern Bank accounts, telegraphic transfers and cash or cheque deposits do not qualify towards earning bonus interest.

Additionally, at least five Visa Debit card purchases must be made from your Everyday Snap Account each month in order to qualify for bonus interest.

How many Home Saver accounts can I have?

We have a limit of one Home Saver Account per customer.

Can I access the money in my Home Saver Account and keep my bonus interest?

Yes, you can. The Home Saver Account is flexible, allowing you to take out money when you need it without losing your bonus interest. The bonus interest is based on deposits made into your Everyday Snap Account.

Can I open a Home Saver Account in joint names?

You can have a Home Saver Account in one name or in joint names. Keep in mind that each customer can only be an account owner for one Home Saver Account, as either a primary or a secondary account holder. Please note, to ensure you get the most out of your savings, any Everyday Snap account in your name will be used to determine bonus interest eligibility. This means that if you hold an Everyday Snap account in just your name and have a joint Home Saver, the deposits and transactions made on the solely owned Snap account will still count towards the bonus interest criteria on the joint Home Saver. This will work the same for a joint Snap and solely owned Home Saver account.

Get in touch
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Sat: 8:00am - 4:00pm (AEDT)

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Important Information

Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply.

This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the Terms and Conditions (T&Cs) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the T&Cs for more information.

* Rates current as at 17 September 2021. Rates and bonus interest criteria are subject to change.

Interest is calculated daily and paid monthly. The base rate of interest is payable on the whole balance held in your Home Saver Account. Bonus interest is applied on top of the base rate on balances up to $100,000 in a calendar month if, prior to the last day of that calendar month:
A. You receive deposits totalling $2,000 or more by electronic transfer (excluding telegraphic transfer) from a non-GSB account into your Everyday Snap Account/s; and
B. At least 5 Visa Debit card purchases have been processed from your Everyday Snap Account/s and are not in pending status (excludes ATM withdrawals, EFTPOS cash out, balance enquiries and Bank@Post transactions).

^ The Everyday Snap Account does not earn interest.

+ A fee rebate will be applied to your Everyday Snap Account on the first day of the next calendar month for all Great Southern Bank Visa Debit International Transaction Fees and Great Southern Bank Overseas ATM Cash Withdrawal Fees debited during the current calendar month if, prior to the last day of that calendar month:
A. You receive deposits totalling $2,000 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank account into your Everyday Snap Account; and
B. At least 5 Visa Debit card purchases have been processed from your Everyday Snap Account and are not in pending status (excludes ATM withdrawals, EFTPOS cash out, balance enquiries and Bank@Post transactions). International non-Great Southern Bank fees may apply. Excludes rediCard international transaction fees.

>Google Pay is a trademark of Google LLC. Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Samsung Pay is a trademark or registered trademark of Samsung Electronics Co., Ltd. Mobile network provider charges may apply. Access is subject to availability and maintenance, refer to our website for more information.

To view the Target Market Determination for this product, please click here.