Skip to Main Content
Bonus Saver

Bonus Saver

Looking for an account that rewards good saving habits? Our Bonus Saver is just what you need. Earn interest if you make at least one deposit in a calendar month and no withdrawals. Our Bonus Saver makes saving simple. 

Term Deposit

Term Deposit

Our Term Deposit lets you put money aside to earn a great interest rate so you can save for a new home, a holiday, a car, your kids' education or retirement. 

Life Saver

Life Saver

Our Life Saver Account helps teach those under 25 how to manage their money in a smarter way. It's fair-go banking at its finest.

Retirement Plus

Retirement Plus

We understand that just because you may not be working anymore, it doesn’t mean your life has slowed down. So we came up with a flexible, great value account for managing your money every day. Great if:

  • You’re over 55 years of age
  • You want to earn a higher interest rate on your savings
  • You want a simple, low-fee account
Cash Management

Cash Management

Saving money doesn't have to be hard work. We all prefer to save in different ways, and some of us like to keep things extra simple. Great if:

  • You want to keep banking simple with one account
  • You want to manage your money every day
  • You want to earn higher interest on your balance

Find the Savings Account for you

Your goals are as unique as you are, so why settle for less when it comes to saving? We've designed a range of Savings Accounts to help our customers get the most out of their money.

Bonus Saver Term Deposit Life Saver Retirement Plus Account Cash Management Account
Interest Rate Interest Rate 1.35% p.a. Interest Rate 1.45% p.a. Interest Rate 2.35% p.a. Interest Rate 1.50% p.a. Interest Rate 0.25% p.a.
Rate details Rate details   Rate details 5 months - $5,000-$49,999.99 - Interest on Maturity Rate details   Rate details Individual Account - $49,200+ Rate details $500,000 +
What it can be used for What it can be used for General or targeted savings What it can be used for Investing money at a good rate of interest which is guaranteed not to change. What it can be used for Available to individuals under 25 yrs of age, but can be retained for life!  What it can be used for Available to pensioners, 55 yrs of age or older. Good rate of interest with all the features of an Everyday Account. What it can be used for Parking funds which remain available 24/7. 
How it works How it works Make at least one deposit and no withdrawals in a month and you earn interest on the entire balance How it works A fixed amount of money, for a fixed number of days, at a fixed interest rate How it works Ensure your balance grows each month to earn high interest - simple How it works The convenience of an Everyday Account, but with interest paid at better than Everyday rates How it works An interest-bearing account intended for parking larger amounts of money for any period of time
Instant Access or Fixed Term Instant Access or Fixed Term Instant Instant Access or Fixed Term Fixed, but you can select any term from 28 days to 5 yrs. Instant Access or Fixed Term Instant Instant Access or Fixed Term Instant Instant Access or Fixed Term Instant
Fixed or Variable Rate Fixed or Variable Rate Variable Fixed or Variable Rate Fixed Fixed or Variable Rate Variable Fixed or Variable Rate Variable Fixed or Variable Rate Variable
Interest Calculated Interest Calculated Calculated daily, paid monthly Interest Calculated Calculated daily and paid either monthly, 6-monthly, or at maturity. Interest Calculated Calculated daily, paid monthly  Interest Calculated Calculated daily, paid monthly  Interest Calculated Calculated daily, paid quarterly.
Option to link an Everyday Account Option to link an Everyday Account Option to link an Everyday Account Option to link an Everyday Account Option to link an Everyday Account N/A Option to link an Everyday Account
Joint Account Available Joint Account Available Joint Account Available Joint Account Available Joint Account Available Joint Account Available
Monthly Fees Monthly Fees Monthly Fees Monthly Fees Monthly Fees Monthly Fees
Transaction Fees Transaction Fees Transaction Fees Transaction Fees Transaction Fees Only apply after Fee-Free allowance and Rebates are exhausted in any month. Transaction Fees Only apply after Fee-Free allowance and Rebates are exhausted in any month.
How to apply How to apply Open Online How to apply Open Online How to apply Open Online How to apply Open in Branch How to apply Open in Branch
Learn more Learn more Learn more Learn more Learn more

Use our Calculators

Savings & Deposit Planner

Budget Planner Calculator

Income Tax Calculator

SavingsAccountsMozoEC2019.png

Our Savings Accounts are turning heads!

Here's how

When it comes to making the most of your money, everybody's got a story, and they're all worth sharing.

Whether you're saving for the trip of a lifetime, a new set of wheels, a deposit for your first home, or just for a rainy day, it's nice to know your bank has your back.

Learn how we're helping our customers reach their savings goals.

Pay and get paid faster with PayID

Want to pay and get paid in real time? Make sure you've set up a PayID on your Greater Bank account.

Use your mobile number or email address instead of having to remember a BSB and account number, and make payments a breeze with Osko by BPAY®.

Get started

Already a customer banking online with us?

Set up a PayID on the account of your choice in Online Banking
or

Don't currently have online with us?

Find out more