Save it for a sunny day
Remember to complete your tax return, so you can start making the most of your refund.
Preparing your tax return
Receiving a tax refund is always a nice surprise and there are a number of things you can do with it which we’ll explore below. But first, here’s some handy tips to get you started on your tax return.
To get your expense claims in order, you can search up to three years of transaction history on Internet and Mobile Banking.
If you’ve been working from home during COVID-19, check how to claim deductions for working from home.
Check that your personal details are complete and up to date in Internet and mobile banking - including your tax-residency status and TFN.
Saving your tax refund
If you get a tax refund it’s tempting to treat yourself, but if you have things you want to save for and financial goals you want to reach, putting your refund into savings can get you on your way.
I want to give my savings a boost
Maxi Saver, for short-term savers
- 0.25% p.a 3 month introductory
rate for new customers1 - Unlimited online access to your savings
- Earn interest on every dollar when you maintain a positive balance.
I want to keep motivated to grow my savings
Stay on track with an Incentive Saver
- Variable interest rate up to 0.25% p.a (includes a base rate of 0.15% p.a and a bonus rate of up to 0.10% p.a)
- Bonus interest for monthly balance growth of $50 each month2
- Saving for something special? Name your account to suit your goal.
I want fixed interest and certainty on my savings
Term Deposit, for longer term security
- 0.30% p.a. fixed rate for 5 months (for a limited time)3
- Invest your money with the certainty of a fixed interest rate
- Have interest paid monthly or in one lump sum at maturity.
Important information
Before making a decision about any of our products or services, please read all the terms and conditions and consider whether the product or service is right for you. Fees and charges apply and may change.
1. New Maxi Saver customers will earn an introductory promotional fixed bonus rate of 0.20% p.a. on top of the standard variable interest rate. The promotional rate period is the first 3 months from the date the account is opened, and the offer is available to personal customers only.
2. To be eligible for bonus interest, make a deposit to grow your account balance by at least $50 each month (or any amount if all account holders are under 21).
3. Rate is available for new/renewed Term Deposits from $1,000 to $2,000,000 for existing St.George personal customers only. Not available for business, corporate, institutional or government customers. Rate applies for a single term. Higher or lower rates may apply for subsequent terms. Rate is not available in conjunction with any bonus interest or other special rates offered on St.George Term Deposits. You must provide a minimum of 31 days’ notice to access funds prior to maturity (except in cases of hardship). If the deposit or any part of it is withdrawn early, an interest rate adjustment will normally apply. St.George Private customers may need to contact their Relationship Manager to obtain this rate. Any discretionary rates offered above may only be available through St.George Internet or Mobile Banking.