Great If:

You want to teach your kids to save

You are under 25 and want to be rewarded for good savings habits with fee free banking

You want to open an account on behalf of your child

Key Features

You only need $1.00 to open a Life Saver account

Life Saver can only be opened by under 25s but can continue to be used beyond that age. No monthly account keeping or transaction fees

Ensure your balance grows each month to earn high interest

Interest is calculated daily and paid monthly

Life Saver can be linked to an Access Account in the account holder’s name to enjoy fee free banking when the Life Saver balance increases each month

FREE Internet, Mobile and Phone Banking. Your Life Saver can be linked to an Access Account online so you can transfer money in and out

Apply for Life Saver It’s just that simple! Open an Account

I want to

  • Bank smarter and avoid fees

    Bank fees are right up there with stubbed toes and frostbite as most people’s least favourite things. Luckily, you can minimise their effect and keep more money in your pocket.

  • Set up a budget

    We’re all aware of budgeting, but often we view it from a negative perspective. The reality is anyone can achieve their goals with the right budgeting tools.

  • Teach my kids to save

    The fact is that saving and managing our finances is something that all of us will have to do. We’ve put together a basic plan so that you can plant the seeds of knowledge early.

  • Travel overseas

    Taking a trip should be one of life’s great pleasures, providing you memories that will last forever. We've put together a simple checklist of things to consider when planning your holiday. 

Savings Goal Calculator

Project how much you can accumulate over time from an initial contribution and regular ongoing deposits

Let's Begin

Budget Calculator

Get a better idea of your monthly incomings and outgoings, and what you're left to play with

Get Started

Investment Interest Calculator

Project how much you can accumulate over a fixed term and interest rate

Calculate Now

Open a Life Saver Account

Looking to open a Life Saver Account with Greater Bank? It's simple and can be done via your method of choice.

Interest Rates

Rates are effective as at Thursday 8/12/2016

Life Saver Account* Interest Rate
Life Saver Account 3.00 % p.a

You might also be interested in:

Bonus Saver

Looking for an account that rewards good saving habits? Our Bonus Saver is just what you need.

Little Bucks Account

Little Bucks is the perfect first bank account for your little one.

Christmas Club Account

Planning for Christmas made simple.

Start saving now

The Life Saver Account can be linked to a Greater Bank everyday Access Account and if their Life Saver Account balance continues to grow each month, no transaction fees are payable on the Access Account (helping keep you dollars in the bank account).

If your child is able to sign their name consistently and understand the Terms  and Conditions they can open a Life Saver Account in their own right. If they are too young to sign for their account a Benefactor (like a parent, relative or family friend) can operate the account on their behalf.

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    2016

    Ongoing Bonus Rate Kids Savings Account

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    2015

    Top 5 Bank Accounts

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    2015

    Top 5 Savings Accounts