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AWA Alliance Bank Online Saver Account

Janice Bondoc
Janice Bondoc
Last updated:  

Earn 0.25% p.a. interest and have at-call access to your funds with an Online Saver Account from AWA Alliance Bank

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. on savings balances of $1,000 or more.

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Details

Product NameAWA Alliance Bank Online Saver Account
Maximum Variable Rate0.25% p.a.
Standard Variable Rate0.25%
Monthly Account Fee$0
Minimum Opening Deposit$0

Key features

Variable interest rate of 0.25% p.a.

A competitive variable interest rate of 0.25% p.a. applies to your AWA Alliance Bank Online Saver Account balance. Note that this is a variable rate, meaning it could change at any time.

Interest paid twice a year

Interest on the Online Saver Account is calculated on your daily balance and credited to your account on 30 June and 31 December each year.

Launch savings calculator

How to apply

If the AWA Alliance Bank Online Saver Account has all the features you're looking for in a savings account, click on one of the "Find out more" links on this page. This will take you to the AWA Alliance Bank website where you can access detailed account information as well as the terms and conditions.

Application options

Unfortunately, there's no option to apply for an Online Saver Account online, so you'll need to choose one of the following two options:

  • Visit a branch. If you'd like to set up an account face to face, AWA Alliance Bank has branches in Geelong and Portland in Victoria as well as in Mandurah, WA.
  • Complete an online form. You can also get in touch with the bank via an online enquiry form. You will need to provide your name, email address, phone number, preferred contact time and any questions you have about the Online Saver Account.

Expert review

Janice Bondoc

Review by

Janice Bondoc is a Publishing Support Assistant for finder.com.au's banking and investments section. She is determined to be joyful and hopeful in whatever situation she may find herself.

Expert review

And if you ever need to withdraw money from your account, you can do so via Internet banking or the rediATM network.

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