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Save monthly, don't withdraw and we'll reward your dedication

At least once a month
and don't withdraw
up to reward interest rate


2.30 % P.A.

reward rate

The reward rate is a combination of the bonus variable rate of  1.20% p.a. and a base variable rate of 1.10% p.a. for balances above $100,000.

1.1 % P.A.


If you make a withdrawal OR don’t make a deposit before the last business day of the month- for balances above $100,000.

Fees and charges

  • The Incentive Saver has no setup or monthly fees.

    The main thing to remember is that you will receive an overall higher interest rate if you make a deposit before the last business day and don't make a withdrawal each month.

    Please read the detailed terms and conditions for the full fee schedule.


Automatic transfers
Help yourself get the total reward rate by setting up a monthly deposit in online banking.
Uncapped saving
Interest is calculated on the total balance of your Incentive Saver with no limit on deposit amounts. 
Government guarantee
The Financial Claims Scheme guarantees deposits to a cap of $250,000 per account-holder.
Quick Balance
Know exactly how much money you have on hand, at a glance at your smartphone or watch.

In detail

Before making a decision, please read the terms and conditions and ensure you're aware of all fees and charges.

How to open an account

Read both the terms and conditions, and fees above
Give yourself a few minutes
Have your ID handy
Have your Tax File Number (TFN) ready