High-interest savings account

If you have a Suncorp Bank everyday account, you can easily transfer money directly into your Growth Saver account from your everyday account via the Suncorp Bank App, Internet Banking or telephone banking.

You can also transfer money into your account from other Australian bank accounts that support making online payments, using:

• Suncorp Bank’s BSB number, which is 484-799 and

• your Growth Saver account number.

You can also deposit cash into a Growth Saver account using the above details when visiting a Suncorp Bank branch or Bank@Post location.

• Make no more than one withdrawal during the month.
• Grow your net balance by $200 or more – interest earned doesn’t count towards this.

For example, let’s say your balance is $1000 on the first day of the month. To earn bonus interest:

• You will need to deposit at least $200 before the last day of the month - any interest paid into your account during the month does not count towards this.
• You can make up to one withdrawal during the month. You’ll just need to make sure you top your account back up, before the month ends.

At the end of the month your balance should be at least $1200, and you can have made only one withdrawal.

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.

Read More

It’s easy to manage your Growth Saver Account in the Suncorp Bank App and Suncorp Internet Banking. Plus, it’s easy to open a Growth Saver account online and there’s no minimum deposit required.

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.

 A Growth Saver account is a higher interest savings account, designed for saving not spending. You can open a Suncorp Bank everyday account to access transaction account features.  

Yes, our high interest savings account offers flexible access to your funds via the Suncorp Bank App or Internet Banking. However, if you make more than one withdrawal, you will not earn bonus interest for that month. 

Deposits with Suncorp Bank are guaranteed by the Australian Government through the Financial Claims Scheme^# (FCS).

The FCS is an Australian Government scheme that provides protection and quick access to deposits in banks, buildings societies and credit unions in the unlikely event that one of these financial institutions fails.

Under the FCS, certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution.

Find more information on the website of the Australian Government’s Financial Claims Scheme.

Variable interest for both standard and bonus interest is paid on the total balance in your savings account. Interest is calculated daily on the total balance in your account and standard interest is then paid at the end of the calendar month. Bonus interest is paid at the end of the calendar month when the bonus interest eligibility conditions are met.