Savings accounts made for you

Savings accounts made for you

Helping you save for your goals sooner, with accounts free from account keeping, management, and annual fees.

Our recognition

Our awards

  • Awarded for everyday value

    We won DBM’s Financial Award for the Most Recommended Everyday Account in March 2022*

  • Recognised for value

    We were awarded RateCity’s Gold Award for the Best 5-Year Fixed Home Loan in April 2022

  • Awarded for competitive rates

    We were awarded Canstar’s Customer Owned Bank of the Year – Term Deposits Award in June 2021

Compare

Compare our
savings accounts

Explore and compare our savings accounts to help you reach your savings goals sooner

Rates & fees

Read about our rates & fees

  • Little Copper Club
    Interest Rate (% PA)
    Variable rate
    0.25%
    EasyInvest
    Interest Rate (% PA)
    Balances up to $5 million
    0.30%
    Balances $5 million plus
    0.01%
    Bonus Saver
    Interest rate (% PA)
    Standard variable rate
    0.05%
    Bonus rate up to $1 million (1)
    0.50%
    Bonus rate $1 million plus
    0.01%
    1. (1) Deposit $100 per calendar month, with no withdrawals and we'll reward you with bonus interest. Bonus interest rate is capped at a maximum balance of $1,000,000.

    Pension Plus
    Interest rate (% PA)
    Balances up to $51,800
    0.30%
    Balances $51,800 plus
    0.60%
    1. (1) Interest is calculated using the 'part' balance method on each balance amount that falls within the respective balance tier

    Term Deposit
    Interest Rate (% PA)
    3 months
    1.05%
    4 months
    1.05%
    5 months
    1.05%
    6 months
    1.05%
    7 months
    1.05%
    8 months
    1.05%
    9 months
    1.05%
    10 months
    1.05%
    11 months
    1.05%
    12 months
    1.05%
    18 months
    1.10%
    24 months
    1.10%
    36 months
    1.10%
    48 months
    1.10%
    60 months
    1.10%
    1. (1) Important advice on early redemptions: Interest rates are fixed for the term of the deposit selected. Available rates vary according to the term of deposit selected and the amount of deposit.
      Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term.
      If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.

    12 Month Income
    Interest Rate (% PA)
    12 month fixed term
    1.00%
    1. (1) Important advice on early redemptions: Interest rates are fixed for the term of the deposit selected. Available rates vary according to the term of deposit selected and the amount of deposit.
      Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term.
      If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.

    SMSF Saver
    Interest rate (% PA)
    Balances up to $5 million
    0.35%
    Balances $5 million plus
    0.01%
  • PAYMENT FEES
    Fee Types
    Fees
    Dishonour for insufficient funds for external transfers
    $9 after 3 attempts
    BankVic dishonour charge
    $19
    Direct debit stopped payment
    $19
    Personal cheque book (25 pages)
    $10
    BANK DRAFT FEES
    Fee Types
    Fees
    Foreign currency bank draft
    $15 per transaction
    AUD bank draft
    $15 per transaction
    Reissue
    $10
    Cancellation
    $40
    Express post fee
    $6
    INTERNATIONAL TRANSFER FEES
    Fee Types
    Fees
    Outward transfer - foreign currency
    $30 per transaction
    Outward transfer - AUD
    $41 per transaction
    Inward transfer - AUD
    $5 per transaction charged by AMEX
    Amendment or trace
    $55 per transaction charged by AMEX
    Cancellation
    $40 charged by AMEX
    RECORD FEES
    Fee Types
    Fees
    Voucher archive retrieval - up to 30 days since transaction
    $6
    Voucher archive retrieval - up to 30 to 90 days since transaction
    $7.50
    Voucher archive retrieval - 90+ days since transaction
    $10
    Services fee on a time basis
    $15 per quarter hour
    Photocopy cost
    $2 per page
    Access to records under privacy act
    $50
    OTHER FEES
    Fee Types
    Fees
    Additional or reprint statement fee
    Free
    List of transactions via branch or contact centre
    $2 per page
    Dormant account fee (1)
    $40 per year
    Company search fee
    $25
    • (1) Dormant fee - applied where there have been no transactions in the account for at least 1 year, we have written to you but you have not given us written notice stating you wish the account to remain open.

Ways to apply

Ways to apply for our Saving products

Terms and conditions

Important things you should know

Information on this page is general in nature and does not take into account your personal circumstances. You should consider whether it is appropriate for you before acquiring the product or service.

Fees and charges may apply. Interest rates are variable and subject to change. Information on our terms & conditions, interest rates and fees & charges are available on request.

We recommend that you read the following documents:

DBM Disclaimer

*Award is based on information collected from the DBM Atlas research program – feedback from over 80,000 businesses and/or retail customers January 2021 through December 2021.