St.George Savings Account Comparison

Information verified correct on December 3rd, 2016

Open a transaction account for everyday banking, a savings account for times to come, or a term deposit for fixed returns.

St.George started operations in 1937, from a southern Sydney suburb, and in 1992 it achieved complete banking status. A merger of St.George and its South Australian brand, BankSA, with Westpac Banking Corporation took place in 2008.

St.George Complete Freedom Account

St.George Bank Account Offer

Enjoy low monthly account-keeping fees with St.George Complete Freedom Account and $0 ATM fees.

  • $0 monthly fee when at least $2,000 is deposited per month or open a Complete Freedom Student account, otherwise a fee of $5 applies per month
  • $0 ATM withdrawal fee at 50,000+ ATMs globally
  • Visa Debit with payWave
    Rates last updated December 3rd, 2016
    $
    Monthly Account Fee Debit Card Access ATM Withdrawal Fee Fee Free Deposit p.m. Details
    St.George Complete Freedom Account
    10% Cash back for online gaming purchases.
    Waived account keeping fees when minimum deposit is met with no minimum balance.
    Visa $0 $2,000 No account keeping fees, if you deposit $2,000 per month plus no minimum balance required. No ATM fees when using St.George, Westpac and BankSA ATMs. Open More
    St.George Express Freedom Account
    Convenience of cardless cash and shop securely with your Visa debit card.
    Customise SMS and email alerts.
    Visa $0 $1,000 No ATM fees when using St.George / Westpac / BankSA ATMs. No monthly service fee if you deposit a minimum of $1,000 per month otherwise $3 monthly fee applies. Open More
    St.George Complete Freedom Student Account
    A student bank account with a linked Visa debit card and Mobile + Phone banking.
    Visa $0 $2,000 Waived monthly account fees on monthly deposits of minimum $2000 and free withdrawals from St.George, BoM, BankSA and Westpac ATMs. More
    St.George Freedom Business Account
    A business transaction account with free online tax and legal advice.
    Visa $0 N/A No ATM fees when using St.George / Westpac / BankSA ATMs More
    St.George Business Cheque Account Plus
    A low monthly fee to manage your business funds.
    Visa $0 N/A No ATM fees when using St.George / Westpac / BankSA ATMs More
    St.George SENSE
    A combined transaction account and savings account to help you save.
    Visa $0 $2,000 No ATM fee when using St.George, BankSA, Bank of Melbourne and Westpac ATMs (in Australia). No monthly service fee if you deposit a minimum of $2,000 per month. More
    St.George Society Cheque Account
    Designed for schools, charities, community and sporting and government agencies.
    Visa $0 N/A No monthly fee for schools, charities and community and sporting groups. Free unlimited Internet and Phone banking. More
    St.George Retirement Access Plus Account
    If you're over 55 and no longer working, enjoy the benefits of this account.
    Visa $0.50 $20,000 No monthly service fee. Conditions apply if you want free everyday banking transactions. More
    St.George Concession Account
    Commonwealth Government Health Concession Cardholders and Senior’s Cardholders eligible.
    Visa $0 $0 $0 Account keeping fees, free unlimited everyday transactions in St.George branches. Free ATM transactions with St.George, BankSA, BoM and Westpac. More
    Rates last updated December 3rd, 2016
    $
    $
    months
    Maximum Variable Rate p.a. Standard Variable Rate p.a. Bonus Interest p.a. Fees Min Bal / Min Deposit Interest Earned
    St.George Maxi Saver
    Introductory rate of 3.00% p.a. for 3 months, reverting to a rate of 1.05% p.a. Available on balances below $5,000,000.
    3.00% 1.05% 1.95% $0 $1 / $1 Open More
    St.George SENSE
    A combined transaction account and savings account to help you save.
    1.25% 1.25% $5 / $1 More
    St.George DIY Super Saver
    Earn a competitive interest rate on your superfund.
    2.25% 1.00% 1.25% $0 $0 / $0 More
    St.George Incentive Saver
    Ongoing, variable 1.85% p.a. when you make at least one deposit and no withdrawals. Available on the entire balance.
    1.85% 0.01% 1.84% $0 $0 / $1 More
    St.George Investment Cash Account
    Ongoing, variable 0.45% p.a.. Available on balance $500,000 and over.
    0.45% 0.45% 0.00% $0 $500,000 / $0 More
    St.George Business Access Saver
    Ongoing, variable 0.75% p.a. when you link to a St.George business transaction account. Available on the entire balance.
    0.75% 0.75% 0.00% $0 $0 / $0 More
    Rates last updated December 3rd, 2016
    $
    3 Mths p.a. 4 Mths p.a. 6 Mths p.a. 12 Mths p.a. 24 Mths p.a. 36 Mths p.a. 48 Mths p.a. 60 Mths p.a. Min Deposit Interest Earned
    St.George Term Deposit
    St.George Term Deposit
    2.20% 2.00% 2.30% 2.60% 3.10% 3.20% 2.80% 2.95% $1,000 Open More
    Rates last updated December 3rd, 2016
    $
    Monthly Account Fee Debit Card Access ATM Withdrawal Fee Fee Free Deposit p.m. Details
    St.George Complete Freedom Account
    10% Cash back for online gaming purchases.
    Waived account keeping fees when minimum deposit is met with no minimum balance.
    Visa $0 $2,000 No account keeping fees, if you deposit $2,000 per month plus no minimum balance required. No ATM fees when using St.George, Westpac and BankSA ATMs. Open More
    St.George Express Freedom Account
    Convenience of cardless cash and shop securely with your Visa debit card.
    Customise SMS and email alerts.
    Visa $0 $1,000 No ATM fees when using St.George / Westpac / BankSA ATMs. No monthly service fee if you deposit a minimum of $1,000 per month otherwise $3 monthly fee applies. Open More
    St.George Complete Freedom Student Account
    A student bank account with a linked Visa debit card and Mobile + Phone banking.
    Visa $0 $2,000 Waived monthly account fees on monthly deposits of minimum $2000 and free withdrawals from St.George, BoM, BankSA and Westpac ATMs. More
    St.George Freedom Business Account
    A business transaction account with free online tax and legal advice.
    Visa $0 N/A No ATM fees when using St.George / Westpac / BankSA ATMs More
    St.George Business Cheque Account Plus
    A low monthly fee to manage your business funds.
    Visa $0 N/A No ATM fees when using St.George / Westpac / BankSA ATMs More
    St.George SENSE
    A combined transaction account and savings account to help you save.
    Visa $0 $2,000 No ATM fee when using St.George, BankSA, Bank of Melbourne and Westpac ATMs (in Australia). No monthly service fee if you deposit a minimum of $2,000 per month. More
    St.George Society Cheque Account
    Designed for schools, charities, community and sporting and government agencies.
    Visa $0 N/A No monthly fee for schools, charities and community and sporting groups. Free unlimited Internet and Phone banking. More
    St.George Retirement Access Plus Account
    If you're over 55 and no longer working, enjoy the benefits of this account.
    Visa $0.50 $20,000 No monthly service fee. Conditions apply if you want free everyday banking transactions. More
    St.George Concession Account
    Commonwealth Government Health Concession Cardholders and Senior’s Cardholders eligible.
    Visa $0 $0 $0 Account keeping fees, free unlimited everyday transactions in St.George branches. Free ATM transactions with St.George, BankSA, BoM and Westpac. More
    Rates last updated December 3rd, 2016
    $
    $
    months
    Maximum Variable Rate p.a. Standard Variable Rate p.a. Bonus Interest p.a. Fees Min Bal / Min Deposit Interest Earned
    St.George Maxi Saver
    Introductory rate of 3.00% p.a. for 3 months, reverting to a rate of 1.05% p.a. Available on balances below $5,000,000.
    3.00% 1.05% 1.95% $0 $1 / $1 Open More
    St.George SENSE
    A combined transaction account and savings account to help you save.
    1.25% 1.25% $5 / $1 More
    St.George DIY Super Saver
    Earn a competitive interest rate on your superfund.
    2.25% 1.00% 1.25% $0 $0 / $0 More
    St.George Incentive Saver
    Ongoing, variable 1.85% p.a. when you make at least one deposit and no withdrawals. Available on the entire balance.
    1.85% 0.01% 1.84% $0 $0 / $1 More
    St.George Investment Cash Account
    Ongoing, variable 0.45% p.a.. Available on balance $500,000 and over.
    0.45% 0.45% 0.00% $0 $500,000 / $0 More
    St.George Business Access Saver
    Ongoing, variable 0.75% p.a. when you link to a St.George business transaction account. Available on the entire balance.
    0.75% 0.75% 0.00% $0 $0 / $0 More
    Rates last updated December 3rd, 2016
    $
    3 Mths p.a. 4 Mths p.a. 6 Mths p.a. 12 Mths p.a. 24 Mths p.a. 36 Mths p.a. 48 Mths p.a. 60 Mths p.a. Min Deposit Interest Earned
    St.George Term Deposit
    St.George Term Deposit
    2.20% 2.00% 2.30% 2.60% 3.10% 3.20% 2.80% 2.95% $1,000 Open More
    Rates accurate as at: December 3rd, 2016 Learn about our information service
    Awards that St.George Bank has earned
    • Australian Banking & Finance Corporate and Business Banking Awards, 2011. St.George Corporate & Business Bank awarded Best Cash Management Business Bank of the Year
    • Australian Banking & Finance Corporate and Business Banking Awards, 2010. Best Service Bank - Corporate, Best Bank - SME, Best Service Bank - SME, Best Product Bank - SME, Best Internet Bank, and Most Innovative Bank
    • Money Magazine Awards, 2009. St.George Direct Saver awarded 'Best of the Best' DIY Super Saving Account

    Who is St.George?

    Bank accounts that St.George provides give customers the liberty to pick one or more as per their needs. While a savings account can help you save in accordance to your goals, an everyday account is suitable for day to day use, and if you wish to benefit by earning high interest on money you don’t need right now, you can consider opening a term deposit.

    What’s internet banking like for St.George?

    St.George provides its customers with an internet banking platform and a mobile banking app. You can use these to activate new St.George debit and credit cards, and you can even use these platforms to apply for a new credit card, home loan, or bank account. These platforms give you easy means to access account related information, and you can use them to make bills payments and transfer funds to other accounts.

    The use of SSL technology ensures encryption of all transmitted data, and an automatic time out period offers added safety.

    Notable features include:
    • Customise how your dashboard looks
    • Schedule payments up to 24 months in the future
    • Set up alerts

    what about the mobile app?

    Image Source: App Store
    Login pageAccount balanceLocate the near ATM
    logst.georgeacctbalstgeorgest.g

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    What transaction accounts are offered by St.George?

    • 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.

    • St.George SENSE Account

    This is actually two account linked in one, where you get a SENSE Everyday transaction account and SENSE Savings account. A single statement enables you to monitor your spending and savings, and you can access your money using a linked Visa debit card.

    • Express Freedom Account

    This account comes with a Visa debit card, and a pay-as-you-go service allows you to use cheques and branch services as and when required. You can get a monthly fee waiver if you deposit at least $1,000 in the account each month. Account holders get free mail and SMS alerts.

    • 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.

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    What high interest savings accounts are offered by St.George?

    • 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.

    What term deposits are offered by St.George?

    • Term Deposit

    You can open a St.George term deposit with any amount in between $1,000 and $5,000,000, and you can choose a term of one month to five years. Access to your account comes via online and phone banking, you get multiple interest repayment options, and you also get choices of what to do when the term deposit matures.

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    What are the pros and considerations of St.George accounts?

    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.
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    How do I apply for a St.George savings account?

    You can visit any St.George Bank branch to apply, you can apply over the phone, and you can apply online. Applying online takes no more than a few minutes, and to begin now, simply click on the ‘Go to Site’ button.

    Eligibility

    Before doing so, make sure you meet the required eligibility criteria.

    • You meet the given account’s age requirements
    • You have an Australian residential address and reside in Australia

    Documentation

    To complete the application you have to provide the following:

    • Personal information like your name, date of birth, and contact details
    • One form of ID to verify your identity (driver’s license, passport, birth certificate, or Medicare card)

    While St.George offers numerous bank account options from which to choose, so do other banks. As a result, make sure you compare a few before  deciding.

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