Bonus Saver Account
Watch your money work harder with our Bonus Saver account. Deposit $100 a month (and keep your hands off the ‘withdraw’ button) to unlock our highest bonus interest rate. No monthly fees, no fuss—just more for your future.
Bonus Saver Account Information
Interest Rates
Base variable rate
(You’ll get this rate as a minimum)
0.10%
p.a
Interest rate
Bonus variable rate
(Earn this rate by depositing a minimum of $100 each month with no withdrawals, up to balances of $100,000)
4.80%
p.a
Interest rate
Total interest rate
(Total rate you could earn on a Bonus Saver account on balances up to $100,000)
4.90%
p.a
Interest rate
Key Features
No minimum opening deposit
Bonus interest when you deposit at least $100 each month with no withdrawals
24/7 access through Woolworths Team Bank Mobile Banking App and Internet Banking
No monthly administration fee
Talk to us about a Bonus Saver Account today
Terms and conditions
Make a deposit of at least $100 and no withdrawals each month to get the base interest rate and bonus interest rate. If bonus interest conditions are not met, only the base variable rate will be paid for that month. Interest rate is variable, calculated daily and credited monthly. This account is available to members aged 18+, living in Australia as a citizen, permanent resident or with a relevant work visa. Only one Bonus Saver account is allowed per customer, solely or jointly owned.