Get the Finder app 🥳

Track your credit score

Free

BankSA DIY Super Saver

Last updated:  

The BankSA DIY Super Saver account for Self Managed Super Funds offers more than just an interest rate.

If you’re looking for an account that can help you manage your super funds, the DIY Super Saver account offered by BankSA requires your attention. This account lets your money earn competitive interest, and as a new customer you stand to earn bonus interest for the first three months. This account does not charge any monthly account keeping fees.

0.05% p.a.

Maximum variable rate

0.05% p.a.

Base interest rate

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .

Details

Product NameBankSA DIY Super Saver
Maximum Variable Rate0.05% p.a.
Standard Variable Rate0.05%
Bonus Variable Rate0.00%
Monthly Account Fee$0
Minimum Opening Deposit$0
Minimum Age14

Key features

Interest

If you've not held a DIY Super Saver account in the past and wish to open one as a personal customer you stand to earn a fixed bonus rate in addition to the standard variable rate that this account offers. While the standard variable rate is subject to change at any time, the fixed bonus rate remains the same for the promotional period of three months from account opening. The standard variable rate currently stands at 0.05% p.a. and the bonus rate is 0% The bank pays interest on a monthly basis.

Fees

You don't have to pay any ongoing account keeping fees to maintain this account, and it provides free Internet banking and phone banking transactions. Every staff assisted transaction attracts a fee of $2.50, and if you opt for monthly statements you'll have to pay a $2 fee per statement. Opening a DIY Super Saver account requires that you have an eligible BankSA account in the same name, which can attract additional fees.


How to apply

Eligibility

You can apply for the BankSA DIY Super Saver account by visiting any BankSA branch, over the phone and online. Before you apply make sure you meet the eligibility criteria, as listed below.

  • Minimum age. You can apply for this account if you are over 14 years of age.
  • Residency requirements. You should be a permanent resident of Australia or an Australian citizen.

Ask an expert

To ask a question simply log in via your email or create an account.

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 Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site