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.
Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.
#To request an offset account be linked to your eligible home loan, contact us 133 282, visit your nearest branch or send us a secure message in Online Banking as a Home Loan Enquiry. Refer to your Essential guide to your Great Southern Bank loan document for mortgage offset terms and conditions and the Terms and Conditions (T&Cs) booklet.
*Rates current as at 07 November 2023 and is subject to change. 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 Edge Account/s; and
B. At least 5 Visa Debit card purchases have been processed from your Everyday Edge Account/s and are not in pending status (excludes ATM withdrawals, eftpos cash out, balance enquiries and Bank@Post transactions).
The Great Southern Bank Everyday Account, Great Southern Bank Everyday Edge Account and Great Southern Bank Everyday Youth Account are designed to help you manage your day-to-day transactions, so they do not earn interest. For accounts that do earn interest, please consider the Great Southern Bank Everyday 50+ Account (if you are eligible) or check our range of savings accounts and term deposits.
+ 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 totalling $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.
>> Rates current as at 07 November 2023 and are subject to change. Stepped interest rates apply: 0.10% p.a on balances under $5,000, 1.85% p.a. on part of balance from $5,000 to $50,000, and 2.95% p.a. on part of balance over $50,000.
^^ This account does not earn interest. To view the Target Market Determination for Debit Cards, please click here.
^ Everyday Youth Account does not earn interest and converts to an Everyday Edge Account once you turn 18 years old.
> 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 Everyday Transaction Accounts, please click here.