Health Professionals Bank
MOMENTUM SAVER
The Momentum Saver account rewards savers with an ongoing bonus interest rate when you deposit a minimum of $100 and make no withdrawals during the month.
Savings & transaction accountsBank updated 26 Aug 2026
At a glance
- Base rate
- 0.10%
- Bonus rate
- 5.00%
- Up to
- 5.10%
§ 01 — Rates · 8
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | — | — | up to $250,000 | 5.00% | — | paid every 1 mo; Min deposit amount; Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month. |
| Bonus | — | — | $1,000,000+ | 4.65% | — | paid every 1 mo; Min deposit amount; Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month. |
| Bonus | — | — | $250,000–$500,000 | 4.90% | — | paid every 1 mo; Min deposit amount; Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month. |
| Bonus | — | — | $500,000–$1,000,000 | 4.90% | — | paid every 1 mo; Min deposit amount; Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month. |
| Variable | — | — | up to $250,000 | 0.10% | — | paid every 1 mo; Min deposit amount |
| Variable | — | — | $1,000,000+ | 0.10% | — | paid every 1 mo; Min deposit amount |
| Variable | — | — | $250,000–$500,000 | 0.10% | — | paid every 1 mo; Min deposit amount |
| Variable | — | — | $500,000–$1,000,000 | 0.10% | — | paid every 1 mo; Min deposit amount |
§ 03 — Features
Instant paymentsPayIDDigital banking
- · Bonus interest earned for each month you deposit a minimum of $100, make no withdrawals during the month and the account has a credit balance at all times during that month.
- · No fees for accessing your account online or via phone banking.
- · No monthly access fee.
- · No minimum balances.
§ 04 — Eligibility & limits
- · Residency: Individuals must be citizens or permanent residents of Australia.
- · You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Health Professionals Bank under the Consumer Data Right, last changed by them on 26 Aug 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.