The Finance Algorithm
Suncorp Bank

Growth Saver Account

A higher interest savings account that rewards you with Bonus Interest for regular savings.

Savings & transaction accountsBank updated 29 May 2026
At a glance
Base rate
0.10%
Bonus rate
5.00%
Up to
5.10%
Monthly fee
$0
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
BonusBonus Interest - conditions must be met for bonus interest to be paid.5.00%paid every 1 mo; Minimum balance increase per month of $200; Maximum of 1 withdrawal per month; Closing balance on the last day of the month (excl. interest) at least $200 greater than the closing balance on the last day of the previous month and no more than 1 withdrawal in the month.
VariableStandard Interest calculated daily and paid monthly. If you do not meet the Bonus Conditions in a calendar month you still earn Standard Interest on daily balances.0.10%paid every 1 mo
§ 02 — Fees · 12
FeeTypeAmountWhenNotes
Copy of bank chequeEvent$12
eStatementsEventNo fee
Interest CertificateEvent$10previous financial year - per certificate issued
Physical Security TokenEvent$20Suncorp Bank Secured App (soft token) available at no cost
Real Time Gross Settlements (RTGS) - outwardEvent$35
Record Search/Copy Fee (cheques, records, voucher retrieval)Event$70per hour
Request for Audit CertificateEvent$30per certificate
Stop Payment Request - bank chequesEvent$15
Telegraphic Transfers (staff assisted and via Global Payments) recall, amended, trace requestEvent$30plus other bank's costs
Telegraphic Transfers sent - staff assistedEvent$30
Trace/recall of funds requestEvent$30
Account keeping feePeriodicNo feeEvery 1 moNo monthly account keeping fees
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
  • · Pay $0 monthly account keeping fees
  • · Earn Bonus Interest when you grow your net balance by $200 (excluding interest) and make no more than 1 withdrawal in the calendar month.
  • · Bonus Interest - Standard Interest earned in the current calendar month does not contribute to the balance growth requirement for bonus interest.
  • · No maximum balance
  • · No minimum balance to earn standard interest
  • · Pay To is available to manage payments from an eligible bank account in Suncorp Bank App
§ 04 — Eligibility & limits
  • · Minimum age 11
  • · Residency: Account owners must be residents of Australia
  • · Available to individuals

Published by Suncorp Bank under the Consumer Data Right, last changed by them on 29 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.