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.
Interest is calculated daily on whole balances and paid monthly.
Rates current as at 13 June 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-Great Southern Bank 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).
Only deposits and purchases performed on Everyday Snap accounts are eligible to meet the bonus interest criteria for Home Saver.
** Rate applies on a stepped basis. Interest paid at 2.50% p.a. on balances up to $5,000, then at 1.00% p.a. on that portion of the balance over $5,000.
^Youth eSaver Account converts to the eSaver Flexi Account once you turn 18 years old.