Get the most out of your Life Saver account
Thanks for opening a Life Saver account. You're going to love this simple-to-use savings account that is designed to reward good savings habits so you could reach your savings goals sooner.
Here's how to develop good savings habits and get rewarded
A great way is to set up a regular scheduled payment, simply put in more than you take out to ensure interest* is paid.
Set up regular scheduled payments today
Login to Online Banking
Login to Online Banking or our Mobile App and select the 'Transfer between my accounts' option
Select Account
Choose which account to draw from, the desired amount, a description and select 'Recurring' for payment timing
Choose Frequency
You can then enter a start date, frequency and how long you want the payment to occur for
Here when you need us
The Account Holder or Non-Signing Account Holder on the Life Saver account must be under 25 years old. The Life Saver account must be linked to an Access Savings account in the account holder's name and the Life Saver balance must increase each month (excluding interest) to avoid transaction fees. *The Life Saver account interest is paid on the last day of each calendar month if the account balance (excluding interest) at the end of the calendar month is higher than the account balance at the start of the calendar month. No interest applies if the account balance (excluding interest) does not increase for that month.
Any advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the product is suitable for you and your personal circumstances.
Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273