Unity BankBonus Saver Account
Earn bonus interest on your savings if you deposit a minimum of $100 each month, make no withdrawals or transfers in the month, and do not close the account during the month.
At a glance
- Up to
- 4.85%
- Base rate
- 0.10%
- Bonus rate
- 4.75%
- Monthly fee
- $5
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 | 4.85% | 5.75%Defence Bank Limited's iSaver | 5.25%of 51 institutions | 37th highest of 51 |
| 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 | 18th highest of 43, level with 10 others |
Rates
Every rate Unity Bank publishes for this account, 3 in all.
How the rate is made up
4.85%in a month every condition is met
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| BonusAll deposits made to the account receive interest on the balance together with a bonus interest, if these conditions are met: no withdrawals or transfers are made in the month, account not closed dur… | - | - | - | 4.75% | - | - |
| VariableThe interest rate that applies to any overdrawn amounts. This is calculated daily and charged monthly. | - | - | - | 17.50% | - | - |
| VariableAll deposits made to the account receive interest on the balance together with a bonus interest, if these conditions are met: no withdrawals or transfers are made in the month, account not closed dur… | - | - | - | 0.10% | - | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 2 Nov 2026 | Bonus | 4.50% | 4.75% | up 0.25 |
Each change is logged the night it appears in the rates Unity Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
11 fees published, grouped by when they're charged.
While you hold it3
- DORMANCY_FEE
A fee charged if your account remains inactive for 7 years, and we will treat your account as dormant. We have a legal obligation to remit dormant balances exceeding $500 to ASIC as unclaimed money
$20 a year - MONTHLY_ACCOUNT_FEE
Members are exempt from the monthly fee if they: A) Maintain a minimum business balance of $5,000 which is the combined balance of all deposits & borrowings, at all times throughout the month B) Unde…
$5 a month - PAPER_STATEMENT_FEE
A fee charged to cover the cost of producing and sending paper statements
$2 a month
When you make a transaction8
- FOREIGN_CHEQUE_DEPOSIT_OVER_$25,000
A processing fee charged when you deposit foreign cheques over $25,000
$50 - FOREIGN_CHEQUE_DEPOSIT_UP_TO_$25,000
A processing fee charged when you deposit foreign cheques up to $25,000
$20 - INWARD_RTGS_AND_SWIFT_PAYMENT_FEE
A processing fee charged when you receive funds through this channel
$10 - QUICKDEBIT_DISHONOUR_FEE
A fee charged when you have insufficient funds in your account and we are unable to honour the Quick Debit transaction for you
$20 - TELEGRAPHIC_TRANSFER_-_AUSTRALIAN
A fee charged for an online Australian transfer
$50 - TELEGRAPHIC_TRANSFER_-_ONLINE
A fee charged for an online foreign transfer
$20 - TELEGRAPHIC_TRANSFER_-_SERVICE_CENTRE
A fee charged for a staff assisted foreign transfer
$30 - OUTWARD_RTGS_PAYMENT_FEE
A Processing fee charged when you require funds to be sent straight away
$30
Features
- Backed by the Government Deposit Guarantee for deposits up to $250,000
Eligibility and limits
- Residency: PERMANENT RESIDENT
- Available to individuals
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Published by Unity Bank under the Consumer Data Right, last changed by them on 1 Nov 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.