Great Southern BankFuture Saver
Receive a stepped bonus rate if the balance of the Future Saver account increases by $250 by the end of each calendar month
At a glance
- Up to
- 5.10%
- Base rate
- 0.10%
- Bonus rate
- 5.00%
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
What a bonus account pays in a month its conditions aren't met. One dot per institution, at its highest base rate on a bonus savings account anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Bonus savings accountBase plus bonus, when every condition is met | 5.10% | 5.75%Defence Bank Limited's iSaver | 5.25%of 51 institutions | 31st highest of 51, level with one other |
| Bonus account, conditions missedWhat a bonus account pays in a month its conditions aren't met | 0.10% | 3.45%Heritage's Online Saver Account | 0.10%of 43 institutions | 17th highest of 43, level with 11 others |
Rates
Every rate Great Southern Bank publishes for this account, 3 in all.
How the rate is made up
5.10%in a month every condition is met
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | - | - | up to $500,000 | 5.00% | - | paid every 1 mo; Rate applies on a stepped basis. Bonus interest is applied on top of the base rate if the balance of the Future Saver account increases by $250 by the end of each calendar month (excluding interest p… |
| Bonus | - | - | $500,000+ | 3.65% | - | paid every 1 mo; Rate applies on a stepped basis. Bonus interest is applied on top of the base rate if the balance of the Future Saver account increases by $250 by the end of each calendar month (excluding interest p… |
| 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. | - | - | - | 0.10% | - | paid every 1 mo |
Rate changes
2 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 27 Oct 2026 | Bonus, up to $500,000 | 4.75% | 5.00% | up 0.25 |
| 27 Oct 2026 | Bonus, $500,000+ | 3.40% | 3.65% | up 0.25 |
Each change is logged the night it appears in the rates Great Southern Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
One fee published, grouped by when they're charged.
While you hold it1
- Monthly Service Fee
$0 monthly account keeping fees
No fee
Features
- 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!
Eligibility and limits
- Minimum age 18
- Residency: You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
- Opening balance $1
Compare it with others
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Published by Great Southern Bank under the Consumer Data Right, last changed by them on 27 Oct 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.