The Finance Algorithm
Great Southern Bank

Home Saver

Receive bonus interest on balances up to $100,000 when you deposit $2,000 or more each month into your Everyday Edge Account from a non-Great Southern Bank account and make five or more Visa Debit Card purchases.

Savings & transaction accountsBank updated 22 May 2026
At a glance
Base rate
0.50%
Bonus rate
4.75%
Up to
5.25%
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Bonus$1–$100,0004.75%paid every 1 mo; Receive bonus interest on balances up to $100,000 when you deposit $2,000 or more each month into your Everyday Edge Account from a non-Great Southern Bank account and make five or more Visa Debit Ca…
VariableInterest is calculated daily on whole balances and paid monthly. The base rate of interest is payable on the whole balance held in your account.0.50%paid every 1 mo
§ 02 — Fees · 1
FeeTypeAmountWhenNotes
Monthly Service FeePeriodicNo fee$0 monthly account keeping fees
§ 03 — Features
Instant paymentsPayIDDigital banking
  • · Account Nicknames - Add a personal touch to your personal accounts
  • · Mobile Banking App. For banking on the go, anywhere anytime from the convenience of your phone.
  • · The Boost. If you're looking for a way to achieve your savings goals faster, we've got a clever solution. We call it The Boost, and it'll help you save money as you're spending it!
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
  • · Available to individuals
  • · Opening balance $1

Published by Great Southern Bank under the Consumer Data Right, last changed by them on 22 May 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.