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Savings Account Interest Rates

Check out Greater Bank's range of Savings Account Interest Rates and see how we measure up.

Rates are effective as at Tuesday 11/12/2018

 

Bonus Saver Account* Interest Rate
Bonus Saver Account 2.00 % p.a.

 

Cash Management Account* Interest Rate
$1 - $19,999.99 -
$20,000 - $199,999 .10 % p.a.
$200,000 - $499,999.99 .75 % p.a.
$500,000 + 1.00 % p.a.

 

Life Saver Account*# Interest Rate
Life Saver Account 3.00 % p.a

 

Little Bucks Account* Interest Rate
$1 - $999 .50 % p.a.
$1,000 + 1.00 % p.a.

 

Christmas Club Account* Interest Rate
Christmas Club Account .50 % p.a.
Bonus Saver
*We calculate interest by applying the daily percentage rate to your account balance. We pay interest on the last day of each month if at least one deposit and no withdrawals have been made in the calendar month. No Interest applies if no deposits and/or any number of withdrawals have been made during the month. These rates are current as at the Effective Date and are subject to change by Greater Bank without further notice. Conditions apply. Please read our Terms and Conditions for more information.
Cash Management
*We calculate interest by applying the daily percentage rate applicable to your daily balance as set out in the above tiers to the entire daily balance. We pay interest quarterly on 31 March, 30 June, 30 September and 31 December. These rates are current as at the Effective Date and are subject to change by Greater Bank without further notice. Conditions apply. Please read our Terms and Conditions for more information.
Life Saver
* We pay interest on the last day of the month if the account balance (excluding interest) at the end of the calendar month is higher than the account balance at the start of the calendar month. No interest applies if the account balance(excluding interest) does not increase for that month.
# Interest Rate applicable for applicants who meet account age requirements - see our product page for full details
Little Bucks
*We calculate interest by applying the daily percentage rate applicable to your daily balance as set out in the above tiers to the entire daily balance. We pay interest six monthly on 30 June and 31 December. These rates are current as at the Effective Date and are subject to change by Greater Bank without further notice. Conditions apply.
Christmas Club
We calculate interest by applying the daily percentage rate to your daily balance. We pay interest on 31 October and 31 December. These rates are current as at the Effective Date and are subject to change by Greater Bank without further notice. Conditions apply. Please read our Terms and Conditions for more information.