Our savings accounts
Explore our exclusive range of savings accounts
Save with Woolworths Team Bank
By opening an account, you’ll always be able to access our range of products, regardless of your future employment status.
Our accounts are designed for team members of the Woolworths and Endeavour Groups, their immediate family members and those with an affinity to Woolworths Group. Take a look below to find a flexible option for you.
With a variety of accounts to choose from, enjoy competitive interest rates, low (or no) fees, easy access to funds, and more!
If you have any questions, we have the answers. Our experts are ready to help you take greater control of your finances.
All Savings Accounts
Interest rate
An account which helps you get closer to your goal, whether it be a new computer or a deposit, with a great interest rate you’ll reach you goal sooner.
Interest rate
Our NetPlus account helps you maximise your interest return while maintaining everyday access to your funds. You are in complete control to transfer funds between your NetPlus account and other accounts
Interest rate
The SaverPlus Account give you incentives to save, with more money saved in the account the higher the interest earned.
Interest rate
The Christmas Club Account is designed to take the stress out of Christmas by allowing you to gradually save for the festive season, with withdrawals restricted to between 1 November and 31 December.
Frequently asked questions
Yes, as part of the account-opening process is to become a member. Woolworths Team Bank is a mutual financial services organisation and is owned by its members. In fact, each one is a shareholder.
Eligibility to join is exclusive to Woolworths and Endeavour Groups team members, their immediate family members and those with an affinity to Woolworths Group. Learn more about becoming a member.
The value of the deposit required is $1 for our Goal, NetPlus and Christmas Club accounts and $500 for our SaverPlus account.
You can arrange to make deposits to your account by
- Direct credit of payroll or other income;
- Transfer from another savings or transaction account;
- Internet banking transfer;
- Over the counter at any Woolworths Team Bank branch; or
- With your Visa Card at any branch of Australia Post which has a Bank@Post facility.
Accessing your money will depend on the particular features of your account. If you require more information, call one of our helpful staff.
Statements are produced six monthly or more frequently on request. Account information is also available through our internet banking services.
Duplicate statements can be requested at any time from our office, although fees and charges may apply.