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Australia’s largest customer-owned bank
Trusted by Australians for over 75 years
Helping you live happily clever after

Features you'll love coming home to

$0 account keeping fees
Your money's yours to save or spend how you like, so we won’t hit you with monthly fees.
Access your money – keep your interest
Dip into your Home Saver Account whenever you need to without losing your bonus interest.
Earn bonus interest on your savings1
Earn 2.05% bonus interest when you bundle your Home Saver Account with an Everyday Edge Account1.
Eligibility criteria applies.
  • Receive deposits totalling $2,000 or more by electronic transfer into your Everyday Edge Account from a non-Great Southern Bank account each month and;
  • Make five or more Visa Debit card purchases from your Everyday Edge Account each month.
Manage your money all in one place
Having all your everyday banking and savings accounts in one place makes managing your finances at a glance easy via mobile and online banking.

Helping all Australians own their own home

It’s the Great Australian Dream, but we noticed more Australians are finding it harder than ever. So, we’re doing something about it.

We're committed to offering clever products and smart tools to help our customers get onto the property ladder faster and achieve their dream of home ownership sooner.

Everyday Edge Account + Home Saver Account
Designed to help you build up a home deposit faster. This clever pair will get you saving smarter.
Ways to boost your Home Saver Account balance
The Vault

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

The Boost

Save every time you spend with this smart tool.

Home Saver Bundle

Make everyday banking simple and earn bonus interest at the same time. It's a match made in banking heaven.

Unlock your savings potential with The Boost

If you’re looking for a way to save smarter, The Boost is a clever tool to get you saving every time you spend.

The Boost works by simply setting an amount between $0.01 and $5 to transfer from your Everyday Edge Account to your Home Saver Account every time you use your Great Southern Bank Visa Debit card.

Just one $2 boost can make a big difference when saving your home deposit. Use the sliding scale below to calculate what The Boost can do for your savings.

Boost saving code
Your monthly spend
You can save
per month!
Apply today
1. Ensure you’re eligible to apply

There are a few eligibility requirements you should be aware of before applying for a Great Southern Bank Home Saver Account.

2. Apply online

It should take about five minutes. You’ll need proof of ID.

3. Switch your salary

Arrange for a total of $2,000 or more to be deposited each month from a non-Great Southern Bank account into your Everyday Edge Account.1

4. Watch your savings grow!

Set aside your savings in your Great Southern Bank Home Saver Account and you could earn bonus interest.1

Saving for your first home?
Realise your dream of home ownership with these smart steps.

Trusted by Australians for over 75 years

From small beginnings as a credit union to Australia's largest customer-owned bank. Helping people manage their finances is in our DNA.

Our home loans have won awards, but our true passion is in our purpose. We've been helping people realise their great Australian dream for over 75 years and we can't wait to help you achieve yours.

“Already have an everyday account so creating a savings account was a very quick and easy experience, just a couple clicks”
“Extremely easy to use and navigate, minimal time, and I love the electronic verification!”
“Easy and simple to join up! Great experience”

Home Saver explained

Can I switch my existing eSaver Reward Account to a Home Saver Account?

Yes. You can switch your eSaver Reward Account to a Home Saver Account in online banking or by calling us on 133 282 or visiting your local branch.

It’s important to note that if you switch your account in the middle of the month, you will receive bonus interest for the account that was held at the end of the month.

How do I qualify for bonus interest?

You can earn bonus interest on your Home Saver Account when you:

  • Deposit a total of $2,000 (or more) via electronic transfer from a non-Great Southern Bank account into your Everyday Edge Accounts; and
  • Make five or more Visa debit card purchases from your Everyday Edge Accounts each month.

Deposits of $2,000 or more could easily be achieved by having your pay transferred to your Everyday Edge Account or by making a single payment of $2,000 or more each month from a non Great Southern Bank account.

Your deposits can be made to multiple Everyday Edge Accounts to qualify, just as long as they total $2,000 or more per month.

Then, if you were to use your Great Southern Bank Debit Card every time you bought a cup of coffee or for your weekly grocery shop, you’ll be earning bonus interest in no time!

Please note that bonus interest is awarded on balances up to $100,000 (the proportion of your account balance over $100,000 will earn the base rate of interest).

Can I open a Home Saver Account in joint names?

You can have a Home Saver Account in one name or in joint names. Keep in mind that each customer can only be an account owner for one Home Saver Account, as either a primary or a secondary account holder.

Please note, to ensure you get the most out of your savings, any Everyday Edge Account in your name will be used to determine bonus interest eligibility. This means that if you hold an Everyday Edge Account in just your name and have a joint Home Saver Account, the deposits and transactions made on the solely owned Everyday Edge Account will still count towards the bonus interest criteria on the joint Home Saver Account.

This will work the same for a joint Everyday Edge Account and solely owned Home Saver Account.

Get saving today
Open an account in five minutes.
Get started
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 at 22 July 2022. Rates and bonus interest criteria are subject to change.

1 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). Only deposits and purchases performed on Everyday Edge accounts are eligible to meet the bonus interest criteria for Home Saver.