The Australian Unity Easy Saver offers a bonus interest rate of 1.00% p.a. on top of the standard variable rate for a 4-month introductory period. The account reverts to the standard variable rate after those 4 months, and there are no ongoing fees that will eat into your account balance.
What are the features of the Australian Unity Easy Saver?
Bonus interest rate of 1.00% p.a. for the first 4 months
The Australian Unity Easy Saver offers a bonus interest rate of 1.00% p.a. in addition to the standard variable rate for an introductory period of 4 months. There are no special terms and conditions that need to be met to earn this bonus interest, all you need to do is open an account.
Then it reverts to 1.70% p.a.
Once the 4-month introductory period ends, the account earns the standard variable interest rate. The interest rate is variable, which means it could change according to the movements of the RBA cash rate.
No account keeping fees
There are no ongoing account-keeping fees for this account, allowing you to save and reach your goals as quickly as possible.
Must link to an Australian Unity transaction account
Money can be transferred in and out of your Australian Unity Easy Saver via a linked transaction account. This account allows you to pay no withdrawal fees at more than 3,800 RediATMs nationwide, and the monthly account service fee of $5 will be waived if you deposit at least $1000 into the transaction account each month. The Australian Unity Transaction Account also includes a Visa debit card with payWave.
Maximum interest rate applies up to $250,000
The Australian Unity Easy Saver account is available for savings balances of up to $250,000. Balances up to this amount are also protected by the Australian Government Guarantee.
No deposit or withdrawal restrictions
There are no terms and conditions regarding the amount of deposits or withdrawals you must make into your account each month in order to access the bonus interest rate. This means that your money can work harder for you without there being any hard work on your part.
New smartphone app
Australian Unity has a new smartphone banking app, which allows the convenience of banking on the go. You can use the app to manage your account and transfer money whenever is suitable.
10% Health insurance discount
If you open an Australian Unity Easy Saver account and also join Australian Unity health insurance, you will receive a 10% discount on home and contents insurance. You can compare other Australian Unity products here.
If you ever need help or support with yourAustralian Unity Easy Saver account, Australian Unity operates an Australian-based call centre as well as mobile bankers so that you can access the assistance you need.
- No deposit or withdrawal restrictions
- No account keeping fees
- 10% off Australian Unity health insurance
- Must be linked to an Australian Unity transaction account
What you’ll need to know before applying
If the Australian Unity Easy Saver sounds like the perfect account to help you reach your savings goals, click on one of the “Apply now” links on this page. You will be securely redirected to the Australian Unity website where you can review the full details of the account and begin your application.
Eligibility to apply online
In order to be eligible for an Australian Unity Easy Saver you must meet the following requirements:
- Minimum age. You will need to be 16 years or older.
- Residency requirements. You must be a permanent resident of Australia.
- Account requirements. You must not have previously held an Australian Unity Easy Saver account.
Documentation for your online application
You will also need to have a range of information and documentation ready to ensure that your application is processed as quickly as possible. This includes:
- Tax File Number. Whether or not you provide your Tax File Number is optional, but doing so will ensure that you don’t pay tax at the maximum marginal rate.
- Identification. Your driver’s licence, passport and Medicare card will be required.
It takes less than five minutes to complete the online application for an Australian Unity Easy Saver account.
What happens after I submit the application?
Your account will be opened within approximately three days of your application being received, and the Visa debit card for your linked transaction account will arrive within 5-7 business days.
If you’re looking for a savings account that offers a competitive interest rate and no ongoing fees, the Australian Unity Easy Saver is well worth a look. Compare its features and benefits with other introductory-rate savings accounts at finder.com.au today.