In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert
Finder makes money from featured partners, but editorial opinions are our own.

Australian Unity Freedom Saver

  • Avatar
Australian Unity Freedom Saver
Maximum variable rate
5.20% p.a.
Base interest rate

Our verdict

Australian Unity's Freedom Saver offers a strong interest rate with no withdrawal and deposit conditions, plus zero monthly fees.

The Australian Unity Freedom Saver account has one of the higher ongoing interest rates on the market. And on top of that it has no monthly account fees and no withdrawal or deposit conditions. This means you can earn the maximum interest rate just by putting your savings in the account.

The only downside is that the interest rate decreases for higher balances. So any money you put there above $50,000 earns interest at a lower rate. 


  • Competitive interest rate
  • No deposit or withdrawal conditions
  • No monthly fees


  • The maximum interest rate only applies to the first $50,000

In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert


Product details

Product Name Australian Unity Freedom Saver
Maximum Variable Rate 5.20% p.a.
Standard Variable Rate 5.20% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $0
Minimum Age 16

Key features

Maximum variable interest rate of 5.2%

Unlike many high interest savings accounts, the Freedom Saver lets you earn the maximum interest rate on the first $50,000 saved in the account by default. There are no minimum deposits required each month and no withdrawal conditions.

The account does have tiered interest rates that decrease for balances beyond $50,000. Remember that you'll still earn the maximum interest rate on the first $50,000. Anything beyond that earns interest at the following rates:

  • $50,001–$250,000: 5.1% p.a.
  • $250,001–$500,000: 5% p.a.
  • $500,001–$5,000,000: 4.25% p.a.

How to apply

You can apply online in a few minutes. Australian Unity will call you within 3 days to let you know if your application is approved.


You are eligible for the Australian Unity Freedom Saver account if:

  • You are 16 years of age or older
  • You are an Australian citizen or resident

Documents you'll need

  • Identification. This can be a driver's licence, passport or Medicare card.
  • Your address. You'll need to provide your residential address.

Your reviews

No reviews yet. Write a review

Ask an expert

Ask a question

Richard Finder


Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • 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
Accept and continue

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 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site