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One of the downsides of many savings accounts is that you’re either unable to access the funds in your account until they mature, or you’ll be hit with interest rate penalties if you make any withdrawals. However, this is not the case with the Online Saver Account from AWA Alliance Bank. A special-purpose savings account that provides at-call access to your funds, the Online Saver Account pays competitive interest of 0.25% p.a.
0.25% p.a.
Maximum variable rate
0.25%p.a.
Base interest rate
$0
Minimum deposit
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Product Name | AWA Alliance Bank Online Saver Account |
---|---|
Maximum Variable Rate | 0.25% p.a. |
Standard Variable Rate | 0.25% p.a. |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $0 |
Review by
Alison Banney is the banking and superannuation editor at Finder. She has written about finance for more than 8 years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.
And if you ever need to withdraw money from your account, you can do so via Internet banking or the rediATM network.