High interest savings account
Growth Saver Account
Grow your savings faster with monthly bonus interest and no monthly fees.
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Earn IRM{gsdep.4.1} Growth Saver bonus interest each month you grow your net balance by $200 or more (excluding interest) and make no more than one withdrawal.
Our Growth Saver interest rates
Growth Saver interest rate
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variable rate
=
Standard interest rate
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variable rate
+
Bonus interest rate
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variable rate
How to earn bonus interest:
For example, say you make a withdrawal of $600 to cover your car registration. If you still want to earn bonus interest for that month, you need to contribute at least $800 into your account before the end of the month. You also can’t make any more than that one withdrawal.
Open now in under five minutes
Features and benefits
No monthly account keeping fee
So your money remains your money
Bonus Interest
Grow your net balance by at least $200 a month (excluding interest) and make no more than one withdrawal*
Achieve your savings goals
Good for saving steadily towards a goal like a home deposit or holiday
Card free savings account
There is no debit card, ATM, eftpos or personal cheque access with this account.
So many ways to access your savings
Suncorp Bank App
Safe, secure & easy mobile banking
Internet Banking
Fast, easy & unlimited
Telephone Banking
Check balances & make unlimited transfers
Helpful savings tools
Frequently asked questions
Still have questions:
To earn the bonus interest on your Growth Saver account, each month you need to:
- Grow your net balance by $200 or more (excluding interest); and
- Make no more than one withdrawal.
Both the standard and bonus Growth Saver interest rates are variable, meaning they can increase or decrease at any given time.
There are no minimum or maximum balance requirements to open a Growth Saver account.
In order to earn the bonus interest on your Growth Saver account, you need to grow your net balance by $200 (excluding interest) and make no more than one withdrawal each month. If you fail to do one (or both!) of these, you will earn standard interest applicable on the account for that month instead.
Things you should know
It may be necessary to vary the terms of your product to convert it to a different replacement product. This means you may end up with a product that has different terms and features from those you initially applied for. In any event, Suncorp Bank will give you more information about these changes before they take effect. You may also wish to consider applying for other products instead. If you have any questions, please contact us on 13 11 75.
Home Loan, Personal and Business Banking products are issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882) to approved applicants only. Eligibility criteria, conditions, fees and charges apply and are available on request. Please read the relevant Product Information Document and terms and conditions before making any decisions about whether to acquire a product.
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* If you need to make more than one withdrawal, you’ll still receive the standard variable interest rate
Eligible everyday accounts
flexiRates are available with the following accounts:
- Everyday Options Main and Sub-accounts
- Carbon Insights Main Account and Sub-accounts
- Business Premium Account
- Business Saver Account
