Regional Australia Bank Savings Booster
Earn bonus interest rate of 0.5% p.a. by simply depositing $100 a month and making no withdrawals.
This account is designed to help you save, offering a high bonus interest rate as an incentive to stick to your savings goals. Simply deposit a small amount each month and make no withdrawals, and you'll receive the high bonus interest rate!
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Rest assured that if you do need to access your cash for an emergency or unexpected cost, you can, it just means you forfeit your interest for that month.
Deposit at least $100 and don't make any withdrawals through the month to receive maximum interest for that month. There is also a monthly access fee charged to this account, which is waived if you're under 18 or you have over a certain balance of funds in your Regional Australia Bank membership.