Important disclosure
Incentive Saver Account
special
Add an extra 0.10% p.a. to your variable bonus rate for the first 3 months when you open onlineOffer available from 17/03/2023 for a limited time only. New Incentive Saver customers only. Offer may be varied or withdrawn at any time.
2024 Award Winner
Maximum rate
5.25%
p.a
intro 3 months then 5.15%*
Base rate
1.85%
p.a
Pros and cons
For Incentive Saver Account
Benefits
- Maximum interest rate ranked in the best 20% (conditions may apply)
- Ongoing bonus interest (conditions apply)
- Special intro rate
- No ongoing account fees
- No minimum balance
- Winner of Best Savings Account Regular Savers, RateCity Gold Awards 2024
Drawbacks
- Intro rate limited to 3 months
BankSA Rate Savings account overview
For Incentive Saver Account
Account Details
Maximum rate 5.25% p.a intro 3 months then 5.15%* | Minimum age restrictions |
Base rate 1.85% p.a | Maximum age restrictions |
Maximum rate condition *Grow your balance by at least $50 each month (... | Minimum opening deposit $0 |
Interest calculation method Whole Balance | Target Market Determination Visit BankSA to view Target Market Determination. |
Features
Joint application available | Is online only |
Linked account required |
Methods of Access
Internet facility | ATM access |
Phone facility | Eftpos facility |
Branch access | App |
App only |
Fees
Account keeping fees $0 | Eftpos fee $0 |
ATM withdrawal fee $0 | Overseas eftpos fee $0 |
Internet transaction fee $0 | Over the counter deposit fee $0 |
Phone transaction fee $0 | Over the counter withdrawal fee $0 |
- Other Add an extra 0.10% p.a. to your variable bonus rate for the first 3 months when you open onlineOffer available from 17/03/2023 for a limited time only. New Incentive Saver customers only. Offer may be varied or withdrawn at any time.