The Finance Algorithm
Great Southern Bank

Future Saver

Receive a stepped bonus rate if the balance of the Future Saver account increases by $250 by the end of each calendar month

Savings & transaction accountsBank updated 22 May 2026
At a glance
Base rate
0.10%
Bonus rate
4.75%
Up to
4.85%
§ 01 — Rates · 3
TypeApplies toTermBandRateComparisonConditions
Bonusup to $500,0004.75%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+3.40%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
§ 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
  • · 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.