Regional Australia Bank Internet Maximiser
Tiered interest up to 0.15% p.a. meaning the more you save the more interest you earn.
This is a savings account that offers competitive, tiered interest rates on your balance. This means that the more you save, you will be rewarded with a higher interest rate. There is no minimum deposit required, so you can get started and kick start your savings today. The below rates are for the top balance bracket.
The monthly access account fee is waived if you meet the minimum account balance requirement, or make no withdrawals in the month. It is also waived if you're under the age of 18.
Take advantage of unlimited free internet and mobile banking with this account, however be aware that international transaction fees do apply.
Interest on this account is calculated daily and paid monthly.
How to applyYou need to become a member of Regional Australia Bank in order to open an account. Do this by phoning the bank or visiting one of its branches. Alternatively, you can fill in an enquiry form on Regional Australia Bank's website and a member of their team will get in touch to help you open an account.
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.
You get the best of both worlds with this account - you earn competitive interest on your balance and aren't penalised if you need to access your savings.