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 |
I want to
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Control my spending
If you’re constantly wondering where all your money went, it might be time to closely examine your spending habits, with a view to reigning them in.
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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.
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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.
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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.
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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
Budget Calculator
Get a better idea of your monthly incomings and outgoings, and what you're left to play with
Investment Interest Calculator
Project how much you can accumulate over a fixed term and interest rate
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.
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1
Open Online
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2
Open in Branch
Find your nearest branch here or call us.
1300 651 400
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3
Open in Internet Banking
Interest Rates
Rates are effective as at Thursday 29/06/2017
| 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.
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.
