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Features & benefits

Competitive interest rate
You’ll be saving smarter, not harder.
Withdraw money, without losing your interest
Because emergencies (and little splurges) happen.
$0 monthly account fee
Saving shouldn’t cost you money.
Nickname your account
Customise your account with a reminder of your savings goal.

Earning bonus interest is easy

When you open a Goal Saver Account, you'll also be able to open an Everyday Edge Account^. Then simply deposit $500 into your Everyday Edge Account and make 5 or more card transactions per month to qualify for bonus interest* on your Goal Saver Account.

Plus, when you make Everyday Edge Account your main transaction account, you'll enjoy:

  • $0 monthly account fee
  • Unlimited fee-free transactions
  • Pay quickly and easily with your digital wallet
  • Refund of international card and transaction fees+

For further information and details, see all Schedule of Fees, Accounts, and Access Facilities and Terms & Conditions.

and make 5 or more card transactions per month to qualify for your bonus interest.
Earn up to
1.15% p.a.
base rate
bonus 1.10% interest*
on balances up to $50,000
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.
Great Southern Bank Bonus Interest Tracker
Clever ways to save
The Vault

Avoid the temptation to dip into your saving by hiding you account in The Vault.

The Boost

Save every time you spend with The Boost.


Set up notifications and always know what's happening with your accounts.

Ready to apply online today?
You can open a Goal Saver Account online with us in five minutes.
The process
1. Ensure you are eligible to apply
There are a few eligibility requirements to check before you apply.
2. Apply online
It should take about five minutes. You’ll need proof of ID.
3. Ensure Everyday Edge is your main transaction account
If you don’t already have an Everyday Edge Account, you will need to open one to qualify for bonus interest on your savings.
4. Watch your savings grow!
Set aside your savings in your Great Southern Bank Goal Saver Account and earn bonus interest.*
New to Great Southern Bank
  • You must be aged 18 - 24
  • 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
You might also be interested in
Everyday Edge Account
A feature-packed everyday account for customers aged 18+
Home Saver
Reach your dream of home ownership sooner with bonus interest on your savings.
Get in touch
We're here to help.
Call 133 282

Mon - Fri: 8:00am - 7:00pm (AEST)
Sat: 8:00am - 4:00pm (AEST)

Find a branch
Speak to one of our friendly staff at a branch near you.
Connect online
Chat to us or browse help topics and FAQs.
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 13 April 2022. 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 Goal Saver Account. Bonus interest is applied on top of the base rate on balances up to $50,000 in a calendar month if, prior to the last day of that calendar month:

1. You receive funds of $500 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank bank account into your Everyday Edge Account;  and

2. At least 5 settled (not pending) Visa Debit card purchase transactions (card present and card not present transactions but excluding ATM withdrawals, balance enquiries,  Bank@Post transactions, cash advances and EFTPOS cash out only transactions) have been processed from your Everyday Edge Account.

^ The Everyday Edge Account does not earn interest.

+ A fee rebate will be applied to your Everyday Edge 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 totaling $2,000 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank account into your Everyday Edge Account; and

B. At least 5 Visa Debit card purchases have been processed from your Everyday Edge 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 eftpos Debit Card international transaction fees.