Saving for your first home just got easier

How it works
Simply set an amount between $0.01 and $5 to automatically transfer to your account every time you use your Great Southern Bank Visa Debit card.
Save as you spend
Imagine buying a cup of coffee and an extra 50 cents goes into your savings. With The Boost you can enjoy your favourite brew and grow your savings too!
Easy to setup and manage
Switch The Boost on and off in online banking and don’t worry about leaving yourself short. If you don’t have the required amount in your account, The Boost won’t come out1. Genius!
Up to three Boosts per account
Boost multiple accounts every time you spend. You can build up your home deposit, top-up your holiday fund and save for something special all at the same time.

Whether you’re buying groceries, stylish shoes, or enjoying a few drinks with friends,
The Boost tops up your savings every time you spend.

BENEFITS

Accelerate your savings as you spend

Power-up your home deposit

When you’re saving for your first home, every cent counts. The Boost puts your spare change right where it’s needed most.

Saving is as easy as spending

The Boost does the hard work for you, so you don’t have to think about it.

Watch your savings grow

Simply sit back and watch your balance grow over a few weeks, months, or even a year!

What you need to Boost your savings

Everyday accounts

Open an account in less than five minutes.

Savings Accounts

Save smarter, not harder.

.

Unlock your savings potential with The Boost

Just one $2 Boost can make a big impact on your savings and help you buy your first home sooner.

You can estimate your savings potential using the sliding scale below.

Boost saving code
Your monthly spend
$960
You can save
$0
per month!
How to set up The Boost
1. Login to online banking

Get started by selecting The Boost from the left-hand menu.

2. Create a new Boost

Choose your ‘from’ and ‘to’ accounts2 and set your transfer amount.

3. Turn on and off at anytime

You can switch The Boost on and off or make changes instantly in online banking.

FAQS

The Boost handy helpers

How much could I save with The Boost?

The savings you could make will depend on your own Boost amount and how often you make a transaction. To give you an idea of just how powerful small savings can be here’s an example from our customers.

On average, our customers have saved an extra $2,000 a year. They do this by simply setting up a $2 Boost on their Great Southern Bank Everyday Account and making three transactions a day. A great saving for paying an extra $6 into your savings account each day!

How do I edit The Boost?

You can switch The Boost on and off and easily increase or reduce your boost amount in online banking. Changes are instant and you can make as many as you like. The Boost is designed to adapt to your lifestyle so you can try different amounts and discover what fits you best.

What happens if I don’t have enough funds?

If you have a debit account, The Boost won’t leave you short. If you don’t have the required available funds in your transaction account, The Boost won’t come out.

The Boost is smart enough to know when your funds are low, so you don’t have to worry about switching it off yourself.

If you have an overdraft account or a line of credit, your Boost will still work when your funds are running low. It’s important to note that if The Boost takes an Overdraft or Line of Credit account into a debit balance, interest will be payable.

More ways to unlock your clever

The Vault

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

Notifications

Always know what’s happening with your accounts.

PayID

Pay or be paid almost instantly with just an email address or phone number.

Bank & Save
Everyday Accounts

Bank on clever features and a $0 fee.

Savings Accounts

Earn bonus interest and save smarter, not harder.

Saving for your first home?

Realise your dream of home ownership with these smart steps

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.

1 If you have an overdraft or a line of credit: please note that The Boost will take your account into debit if the required balance isn’t available. If your Boost takes the account into debit, interest will be payable.

2 The Boost is not available on business accounts.