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Hume Bank Reward Saver

Last updated:  

A savings account with up to 1% bonus interest to give your balance an extra boost.

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.

1.01% p.a.

Maximum variable rate

0.01% p.a.

Base interest rate

1% p.a.

Bonus interest rate

$10

Minimum deposit

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Details

Product NameHume Bank Reward Saver
Maximum Variable Rate1.01% p.a.
Standard Variable Rate0.01%
Bonus Variable Rate1.00%
Monthly Account Fee$0
Minimum Opening Deposit$1

Expert review

Alison Banney

Review by


Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.

Expert review

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!

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.

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