Grow your monthly balance and we’ll reward your dedication
Rates
2.45 % P.A.
Maximum
reward rate
The maximum reward rate is a combination of the bonus variable rate of 1.65% p.a. and a base variable rate of 0.80% p.a. for balances above $250,000.
0.8 % P.A.
Base
rate
When monthly balance growth requirements aren’t met – refer to T&Cs for more information.
| Balance | Standard variable rate | Standard Bonus* | Earn up to |
|---|---|---|---|
| Balances up to $19,999.99 | 0.80% p.a. | 1.20% p.a. | 2.00% p.a. |
| Balances $20,000 to $99,999.99 |
0.80% p.a. | 1.20% p.a. | 2.00% p.a. |
| Balances $100,000 to $249,999.99 |
0.80% p.a. | 1.50% p.a. | 2.30% p.a. |
| Balances $250,000 to $499,999.99 |
0.80% p.a. | 1.65% p.a. | 2.45% p.a. |
| Balances $500,000 to 1M |
0.80% p.a. | 1.65% p.a. | 2.45% p.a. |
| Balances 1M+ | 0.80% p.a. | 1.65% p.a. | 2.45% p.a. |
* For customers aged 21 years and over: grow your account by at least $50 a month.
For customer aged under 21 years (for joint accounts, both account holders must be under 21): grow your account by $0.01 a month.
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 grow your account balance by the required amount before the last business day of each month.
Please read the detailed terms and conditions for the full fee schedule.
