Everyday Saver Account
Features & benefits
Rates & Fees
For further information and details, see all Schedule of Fees, Accounts, and Access Facilities and Terms & Conditions.
Rates table
Important: Interest is paid on the amount of money in each tier. For example, a balance of $850,000 would earn 4.80% for the first $750,000 and 0.00% for the remaining $100,000.
Fees
Features that help make life easier
The Boost
The Boost gives you a savings kick, everytime you tap or click.
Ready to apply online today?
There are a few eligibility requirements you should be aware of before applying for an Everyday Saver Account.
Simply grab your ID and follow the application prompts.
Enjoy a high interest rate without worrying about bonus conditions.
Tools to help you save
Get proactive about your money with our savings calculators.
Find out how much you could save and how to reach your goals faster.
Learn how much you could earn on your investment.
Trusted by Australians for over 75 years.
Frequently asked questions
Great Southern Bank is the trading name of Credit Union Australia Limited. You may have previously known us as CUA.
For over 75 years, we’ve been helping Australians with their banking and insurance needs. And today, we continue to provide clever products and tools to help customers reach their financial goals sooner.
As a customer-owned bank, we’re owned by you, our customers. So, instead of chasing huge profits for stakeholders, we reinvest profits back into the business for better products and services.
We love helping customers to achieve their financial goals and we can’t wait to help you with yours, whatever they may be. To get started, contact us today.
We offer different types of accounts to suit different financial needs – be it everyday money management to high-interest savings for better returns.
To find an account that works best for you, click on the links below.
Yes. Money placed in a savings account with a bank, building society or credit union is protected by the Australian Government’s Financial Claims Scheme (FCS).
The scheme protects deposits up to $250,000 per person, per financial institution. In the unlikely event that a financial institution closes you’ll have the peace-of-mind that your money is safe.
Absolutely. Simply download our mobile banking app to do your banking anywhere from the convenience of your phone.
Yes. Great Southern Bank Online Banking is easy to use, convenient and secure. As a new customer you'll be set up with online banking as soon as you open an account.
If you are already a customer, you can register for online banking in less than a minute and get started straight away.
We take security very seriously and have several features to keep your online and mobile banking safe and secure.
For starters, you’ll always need your customer number and password to log in to digital banking. You can also take advantage of our special features for extra security and peace of mind.
Our key security features include:
- Fingerprint login
- Facial login
- Transaction notifications
- Security questions
- The option to change your password at any time
While we take proactive steps to fight fraud, it’s important that our customers also take an active role in keeping their accounts secure.
Our online security checklist contains more tips and tricks to keep your account secure. And as always, never share your password with anyone.
Yes, you can open up to six Everyday Saver Accounts per customer. This can be useful if you want to ‘bucket’ your savings into separate accounts – e.g., emergency fund, holiday, new car, wedding etc.
All you need to do to earn interest on this account is having money in it! There are no conditions or eligibility requirements.
There is no problem if this happens - you just won’t earn interest on the portion of your balance above $750,000.
Rates current as at 22 May 2026 and subject to change.
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.
Available to new and existing customers. A maximum of six accounts per customer. Interest is calculated daily on whole balances and paid monthly. Rate applies on a stepped basis – each rate applies to the portion of the total balance that falls within that balance bracket. Refer to the interest rate schedule for current interest rates.
To view the Target Market Determination for this product, please click here.
Future Saver’s interest is made up of a base interest rate and bonus interest rate. You don't need to meet any eligibility criteria to receive the base interest rate.
To earn bonus interest, you’ll need to make sure your account balance at the end of the month is at least $250 higher than it was at the start of the month.> The $250 can’t include interest we’ve paid to you.
If you are new to Great Southern Bank, you must:
- Be an Australian resident.
- Have an email address and mobile number.
- Have ID such as a driver’s licence, passport or Medicare card.
If you are an existing Great Southern Bank customer, you will need:
- Your customer number.
- Access to online banking.
Not set up in online banking yet? Register now!
The Everyday Saver Account is for customers who want to earn interest on their savings every month at a consistent rate without having to meet a particular set of conditions. Interest rates are variable so they can change at any time.
This product may not be suitable if:
- You prefer certainty over your interest earnings for a set period of time.
- You wish to invest more than $750,000 per account and/or hold more than six accounts of the same product.
If this is the case, our Term Deposit - (Standard Rate) may better meet your needs