The Finance Algorithm
BankVic

Bonus Saver

Reach your savings goals faster by earning bonus interest

Savings & transaction accountsRates on applicationBank updated 1 June 2026
At a glance
Pricing
Rates on application
Base rate
0.05%
Bonus rate
5.05%
Up to
5.10%
§ 01 — Rates · 4
TypeApplies toTermBandRateComparisonConditions
BonusDeposit $100 per month and make no withdrawals to earn bonus interestup to $5,000,0005.05%paid every 1 mo
BonusDeposit $100 per month and make no withdrawals to earn bonus interest$5,000,000+0.01%paid every 1 mo
VariableDeposit $100 per month and make no withdrawals to earn bonus interestup to $5,000,0000.05%paid every 1 mo
VariableDeposit $100 per month and make no withdrawals to earn bonus interest$5,000,000+0.05%paid every 1 mo
§ 02 — Fees · 8
FeeTypeAmountWhenNotes
ARCHIVED_RECORDS_30-90_DAYS_SINCE_TRANSACTIONEvent$7.50Fee applies to each record
ARCHIVED_RECORDS_30-90_DAYS_SINCE_TRANSACTIONEvent$7.50Fee applies to each record
ARCHIVED_RECORDS_UP_TO_30_DAYS_SINCE_TRANSACTIONEvent$6Fee applies to each record
DIRECT_DEBIT_DISHONOUR_FEEEvent$9Insufficient Funds in account
EXPRESS_POSTAGE_FEEEvent$7.50
MISCELLANEOUS_FEESEvent$50$50 per transaction and $15 per charge for services not otherwise provided in this guide. We will seek your permission before proceeding.
RTGSTransaction$15RTGS (Real Time Gross Settlement)
COMPANY_SEARCH_FEESUpfront$25Company search fee to open account.
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
§ 04 — Eligibility & limits
  • · Residency: Australian citizen
  • · Member of BankVic

Published by BankVic under the Consumer Data Right, last changed by them on 1 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.