In this guide

  • Review
  • Details
    • Key details
  • Key features
  • How to apply
  • Compare other savings accounts
  • Your reviews
  • Ask a question
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Bendigo Bank EasySaver Account

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Bendigo Bank EasySaver Account

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Maximum variable rate
3.75% p.a.
Base interest rate
3.75%p.a.

Summary

Keep close tabs on your savings and earn a competitive interest rate with this easy-to-use savings account.

The EasySaver Account from Bendigo Bank does make it easy to save with online and phone banking for free whenever you need it. This is a competitively rated interest earning account that pays into your account monthly to help you further your saving opportunity with compound interest.

Pros

  • No monthly account service fee
  • Competitive interest rate
  • Free e-banking transactions

Cons

  • Only 2 free branch withdrawals p/m

In this guide

  • Review
  • Details
    • Key details
  • Key features
  • How to apply
  • Compare other savings accounts
  • Your reviews
  • Ask a question

Details

Key details

Product Name Bendigo Bank EasySaver Account
Maximum Variable Rate 3.75% p.a.
Standard Variable Rate 3.75% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $1
Minimum Age 12

Savings Bank Customer Satisfaction Highly Commended:

Bendigo

Bendigo took second place in our Transaction Account category this year, with 91% of the users that we surveyed saying they'd recommend the bank to a friend. Its customer satisfaction rating was 4.36 out of 5. Find more about Finder Banking Satisfaction Awards 2023.

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Key features

Monthly account keeping fees

You will not be charged any monthly or yearly fees for the maintenance of this account.

Accessibility

This is an at call account that allows you to access your money using internet and phone banking transfers as well as branch transactions.


How to apply

Eligibility

If the simple to use features of the EasySaver Account will help further your financial goals, you can apply online. It should take about ten minutes to complete, but first make sure that you are able to meet the eligibility requirements:

  • Minimum age. Applications for this account are accepted for individuals as young as 12 years old.
  • Residency requirements. In order to be eligible for the EasySaver you must be an Australian resident with a valid Australian residential address.

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Name Maximum Variable Rate p.a. Standard Variable Rate p.a. Intro/Ongoing Government Guarantee Monthly Max Rate Conditions
Newcastle Permanent Smart Saver Account - Under 25s
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Monthly Max Rate Conditions
  • Deposit $500
  • Savings up to $100,000
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Newcastle Permanent Smart Saver Account - Under 25s
Maximum Variable Rate p.a.
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Standard Variable Rate p.a.
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ING Savings Maximiser
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Maximum Variable Rate p.a.
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Standard Variable Rate p.a.
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Monthly Max Rate Conditions
  • Deposit $1,000
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Newcastle Permanent Online Savings Account
Maximum Variable Rate p.a.
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Standard Variable Rate p.a.
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Intro/Ongoing
3 months
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Monthly Max Rate Conditions
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ING Savings Accelerator ($150,000 - $500,000)
Maximum Variable Rate p.a.
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Standard Variable Rate p.a.
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4 months
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Monthly Max Rate Conditions
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Macquarie Savings Account
Maximum Variable Rate p.a.
5.35%
Standard Variable Rate p.a.
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Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Balances up to $250,000
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ME HomeME Savings Account
Maximum Variable Rate p.a.
5.55%
Standard Variable Rate p.a.
0.55%
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  • Deposit $2000
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IMB Reward Saver Account
Maximum Variable Rate p.a.
5.25%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $50
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Earn up to 3.25% p.a. after the introductory period ends.
BCU Bonus Saver
Maximum Variable Rate p.a.
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Standard Variable Rate p.a.
1.00%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
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Westpac Life (18-29 year olds only)
Maximum Variable Rate p.a.
5.20%
Standard Variable Rate p.a.
2.00%
Intro/Ongoing
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Monthly Max Rate Conditions
  • Make a deposit
  • Grow your balance
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  • Balances up to $30,000
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St.George Maxi Saver
Maximum Variable Rate p.a.
5.35%
Standard Variable Rate p.a.
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3 months
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Max Variable Rate includes 0.35% p.a. for 3 months for new customers who apply online
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Alison Finder

Editor

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Robert Clutton

November 14, 2021

already a Bendigo customer, am retired, I want to sell my hobby items and books, if I provide my bank details in the advert blog, can anyone access my a/c and withdraw?

how do I know when the buyer has deposited into my a/c


Avatar

Alison Banney Finder

November 16, 2021

Hi Robert,


Generally, it is safe to provide your bank account number to someone to receive payments. Buyers can deposit money with it, but they won’t get much further than that without other pieces of identifying information. You can give your bank account number out however, it’s not advisable to provide it to unsolicited sites.


If you’re enrolled in Bendigo’s e-banking, you’ll be able to monitor transactions like deposits made to your account. You simply need to log in to view all activities in chronological order on the Activity list.


I hope this helps!


Thanks,

Alison


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Connor

April 06, 2018

Can you link this account to a Easy Money card and if so can you use it for online shopping?


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Joanne Finder

April 06, 2018

Hi Connor,


Thank you for visiting finder, we are a financial comparison website and general information service.

The Easy Money card can be linked to transaction accounts like the Everyday Account, Student Account, Easy Retirement Account or Concession Account.


Cheers,

Joanne


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Alice

June 10, 2016

can I open this account under a company name and what is the maximum deposit?


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Anndy Lou Finder

June 10, 2016

Hi Alice,


Thanks for your comment.


Unfortunately, you can’t open a Bendigo Bank EasySaver Account under a company’s name. Please free to compare business savings accounts if this interests you.


I hope this answers your question.


Cheers,

Anndy


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