Bonus Saver Account

Get rewarded for saving your hard earned money! Bonus saver can help you reach your goals!

Saving money is never easy. Perhaps you are looking to buy a new car or even saving a deposit for your first home. At the Greater, we want to help you to reach your savings goals. That's why we have our Bonus Saver Account, which not only encourages you to save, it actually rewards you for saving your hard earned money.

Here's how it works. If you make at least one deposit per calendar month into your Bonus Saver Account and no withdrawals, you will receive a big interest rate on your savings! It's that easy! Interest is calculated daily and paid monthly. That way you're actually earning interest on your interest each and every month!

Bonus Saver is a statement only account, which helps to avoid the temptation of accessing your savings. Regular statements plus Internet and Phone Banking can help you keep track of how your savings are going.

In the event of having to make a withdrawal, you can simply transfer your funds into your nominated linked savings account via Internet or Phone Banking or by visiting your local branch.

Key Features and Benefits

  • You may be eligible for bonuses when applying for a Greater Personal Loan or Home Loan.
  • 24 hour access to your money Australia wide
  • Free Internet and Phone Banking

Features Checklist

Interest rate
Current Interest Rate 5.30% p.a.
View interest rate schedule
Interest Frequency Calculated daily, paid monthly
Account Features
Access to funds
  • Internet Banking
  • Phone Banking
Transaction record Statement only
Minimum opening balance $1.00
Fees & Charges
Monthly Account Keeping Fees Nil
Transaction Fees
Monthly fee Nil
Other Features and benefits
Free Internet Banking Yes
Free Phone Banking Yes
BPAY® No
Greater VISA debit No
Available Online Yes

Even more rewards for your savings!

Whatever your savings goals are, the Greater's Bonus Saver has more rewards for your savings. In addition to high interest, you may also qualify for more bonuses when applying for a Greater Building Society Personal Loan or Home Loan.

Here's how:

If you make a deposit into your Bonus Saver Account and no withdrawals for six consecutive calendar months immediately prior to applying for a loan, you may also be eligible for these extra bonuses:

Apply and qualify for a Personal Loan and the Establishment Fee will be waived!

That's right! If you've made a deposit and no withdrawals for six consecutive calendar months into your Bonus Saver and then apply and qualify for a Personal Loan, we will waive the Establishment Fee!

Apply and qualify for a Getaways Home Loan and be issued with a bonus 200 triangles!*

In addition to the Triangle points you may be issued with when you take out a Greater Getaways Home Loan, you will also receive a bonus 200 Triangles on top of that towards your Greater Getaways holiday!

Drop into a Greater branch to open a Bonus Saver Account today and start saving!

*The Greater Getaways product does not apply to Business, Commercial, Line of Credit, Basic Home Loans, pre-existing and converted Greater Loans, or on the first $20,000 of an add-on loan. Fees, charges, terms and conditions apply to all loans. Terms and Conditions apply to Triangle Points.

View our Terms and Conditions.