This account has no account keeping fees and pays a high, competitive bonus interest rate when you meet the conditions, helping to give your savings an extra boost. You can open an account with as little as $1, meaning you can get started today.
Hume Bank Reward Saver
We currently don't have this product on Finder
- Maximum variable rate
- 4.30% p.a.
- Base interest rate
- 0.01% p.a.
- Minimum deposit
- $10
Our verdict
A savings account with up to 4.29% bonus interest to give your balance an extra boost.
To receive the bonus interest, all you need to do is make a small monthly deposit and no withdrawals - think of it as an incentive to save!
Pros
-
No monthly account-keeping fees, keeping costs low.
-
Two fee-free branch withdrawals per month, offering limited flexibility for accessing funds.
Cons
-
Bonus interest lost if withdrawals are made, limiting access to funds for emergency needs.
-
Must deposit at least $10 each month to qualify for the bonus, requiring consistent contributions.
Details
Key details
| Product Name | Hume Bank Reward Saver |
| Maximum Variable Rate | 4.30% p.a. |
| Standard Variable Rate | 0.01% p.a. |
| Monthly Account Fee | $0 |
| Minimum Opening Deposit | $1 |
| Minimum Age | 18 |
Key features
There are no account keeping fees with this account.
You receive two fee-free branch withdrawals per month with this account, however making withdrawals means you will forfeit your bonus interest for that month.
How to apply
If you're already a member of Hume Bank you can apply online for this account. If you are not a member, you will need to visit a local branch with ID such as a drivers licence or passport in order to apply for this account.
Sources
Your reviews
No reviews yet.
Write a review
Alison Finder
Editorial Manager, Money
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.
More resources on Finder
Banking
Investments
Banks