In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question
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MOVE Bank Growth Saver

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MOVE Bank Growth Saver
Maximum variable rate
5.50% p.a.
Base interest rate
0.1%p.a.
Minimum deposit
$200

Our verdict

MOVE Bank's Growth Saver offers a high interest rate and easy-to-meet account conditions. But the maximum balance is very low.

With a rate of 5.5%, MOVE Bank's Growth Saver account has one of the market's more competitive rates.

And it's easy to get because you only need to deposit $200 a month and make no withdrawals. But the maximum account balance is just $25,000. This makes it a suitable account for people looking to grow a small amount of savings. Anyone who already has a large amount of money saved should look elsewhere.

Pros

  • High interest rate
  • Account conditions are easy to meet
  • No monthly fees

Cons

  • Low maximum balance

In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question

Details

Product details

Product Name MOVE Bank Growth Saver
Maximum Variable Rate 5.50% p.a.
Standard Variable Rate 0.10% p.a.
Monthly Account Fee $0
Minimum Age 18

Key features

Maximum variable interest rate of 5.5%

MOVE Bank's Growth Saver has a rate of 5.5% if you deposit $200 a month and make no withdrawals.

Interest is calculated daily and paid monthly.

Minimum and maximum balance

The Growth Saver has a minimum balance of just $1. There is a maximum balance of $25,000.


How to apply

You can apply online via MOVE Bank's website or via phone.

Eligibility

You are eligible for the MOVE Bank Growth Saver account if:

  • You are 18 or older
  • You are using the Growth Saver account for personal use

Your reviews

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Ask a question

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Richard Finder

Editor

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