Get the Finder app 🥳

Track your credit score

Free

Beyond Bank Community Reward Account

Last updated:  

Do you want to open a savings account that supports your favourite charity or community organisation?

The Beyond Bank Community Reward Account is essentially a savings account that lets your money earn competitive interest in a tiered manner. The bank donates a percentage of your account’s average annual balance to a registered charity or community organisation of your choice every year. You get access to funds in your account in different ways. This account does not charge any account keeping fees.

0.2% p.a.

Maximum variable rate

0.2% 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 NameBeyond Bank Community Reward Account
Maximum Variable Rate0.2% p.a.
Standard Variable Rate0.20%
Bonus Variable Rate0.00%
Monthly Account Fee$0
Minimum Opening Deposit$0

Key features

Minimum balance

This account does not have a minimum balance requirement.

Account keeping fees

You don't have to pay any monthly account keeping fees to use this savings account.


How to apply

Eligibility

You can apply for the Community Reward Account by visiting any Beyond Bank branch, you can get started over the phone or you can submit an online enquiry. To enquire online or to locate your nearest branch, visit Beyond Bank website. To open this account, you have to meet basic eligibility criteria:

  • Residency requirements. You are a resident of Australia and have an Australian residential address
  • Depository requirements. This account does not require you to maintain a minimum ongoing balance.

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.

2 Comments

  1. Default Gravatar
    P2L
    November 14, 2017

    Hi does the charitable organisation have to be in Australia?
    If it is overseas how do you transfer the money to the organisation overseas?

    • Avatarfinder Customer Care
      Rench
      November 14, 2017

      Hi,

      Thanks for your inquiry. Please note that we are not affiliated with Beyond Bank or any company we feature on our site and so we can only offer you general advice.

      If you are referring to Beyond Bank Community Reward Savings Account, you can send money overseas quickly and reliably using our International Transfer service. This can be done at a Beyond Bank branch or over the internet using our Internet Banking service.

      You may contact Beyond Bank directly for further assistance or visit their official site.

      Cheers,
      Rench

Go to site