St.George Savings Account Comparison

• Complete Freedom Account

The Complete Freedom account comes with a linked Visa debit card, giving you easy access to your money, and you don’t have to pay ATM fees at more than 3,000 ATMs across Australia. If you deposit $2,000 or more in your account by the last business day of each month, you qualify for a monthly fee waiver.

• Retirement Access Plus Account

You can apply for this account if you’re a pensioner or a retiree, and this account does not attract any ongoing account keeping fees. You can bank in person by visiting any St.George branch, and you can get an optional Visa debit card. If your minimum monthly balance is less than $20,000, you get eight free transactions per month, and this changes to unlimited transactions if your minimum monthly balance exceeds $20,000.

• Concession Account

This account is for concession card holders, and does not attract any monthly account keeping fees. It comes with a linked Visa debit card, and offers unlimited transactions at St.George branches.

• Complete Freedom Student Account

You can open this account if you’re less than 18 years old, or if you’re full-time tertiary student or apprentice. This account comes with a Visa debit card, and you don’t have to pay any monthly account keeping fees.

• Maxi Saver Account

New customers stand to earn a bonus rate for the first 3 months, and they get round-the-clock access to free-free online and phone banking. You don’t have to pay any monthly service fee to maintain this account, and you can link it to an eligible St.George transaction account for ease of access.

• Incentive Saver Account

This account encourages you to save by offering a bonus interest rate every month you don’t make a withdrawal and make at least one deposit. It does not attract any ongoing account keeping fees, and does not have any minimum balance requirement.

• DIY Super Saver Account

This online savings account is for Self Managed Super Funds, and new customers can earn a bonus interest for the first 4 months. You can access funds in this account at any time via online and phone banking through an eligible St.George account or through a St.George branch. You don’t have to pay any account keeping fees.

• Investment Cash Account

This savings account is ideal for investors and Self Managed Super Funds, offering a competitive interest rate while not charging any account keeping fees. Internet banking is free, and you also get five free withdrawals per month, of which two can be staff assisted.

Pros

• Assortment of accounts. St.George provides a range of bank accounts to suit different needs, and you can look forward to opening an account as a student, as a retiree, as someone who wishes to save, or as someone who wants easy access to money at all times.
• Online and phone banking. No matter which St.George account you open, you can expect to access account related information over the phone and online. If you have a transaction account, you can use funds in your account to shop online and over the phone.
• Branch banking. Most St.George bank accounts enable you to visit branches to make transactions and seek account related information, and you can visit any of around 400 St.George and BankSA branches across Australia.

Considerations

• Fees. If you’re considering opening and maintaining a transaction account, you might have to end up paying account keeping fees if you don’t meet certain criteria.