Important disclosure
Growth Saver Account
Winner of Best Savings Account Young Adults, Best Savings Account Regular Savers, RateCity Gold Awards 2023
Maximum rate
5.50%*
p.a
Base rate
0.10%
p.a
RateCity Says
“Watch your nest egg grow with a savings account offering a competitive rate of return and no ongoing fees.”
5.50%*
p.a
0.10%
p.a
Promoted savings accounts
Promoted
Reward Saver
*To earn bonus interest the account holder must make a minimum $50 deposit and no withdrawals per month. If bonus interest criteria are not met for the calendar month, both the Standard Variable Bonus Interest and Introductory Fixed Bonus Interest Rate are forfeited.
5.25%
p.a
Not Applicable
Promoted
Bonus Saver Account
*Bonus interest is paid on balances up to $250k when a customer has made an eligible deposit of $20 into the Bonus Saver account in the calendar month and made 5 eligible Visa card purchases on the linked Everyday or Glide account in the calendar month
5.00%*
p.a
0.05%
p.a
Promoted
Westpac Life - 18 to 29 years old
*Make 5+ eligible debit card purchases on your Westpac Choice account and make at least 1 deposit into your Westpac Life Account so that your balance is higher than at the beginning of the month in your Westpac Life Account
5.20%*
p.a
2.00%
p.a
Pros and cons
For Growth Saver Account
Benefits
- Maximum interest rate ranked in the best 20% (conditions may apply)
- Ongoing bonus interest (conditions apply)
- No ongoing account fees
- Winner of 2023 RateCity Awards
MOVE Bank Rate Savings account overview
For Growth Saver Account
Account Details
Maximum rate 5.50%* p.a | Minimum age restrictions |
Base rate 0.10% p.a | Maximum age restrictions |
Maximum rate condition *Bonus interest rate applied on balances up to $25,000 when the account holder makes a minimum deposit of $200 and no withdrawals within a calendar month. Otherwise base interest rate will apply Read More | Minimum opening deposit $1 |
Interest calculation method Tiered | Target Market Determination Visit Railways Credit Union Limited T/A MOVE Bk 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 |
Phone transaction fee $0 | Over the counter withdrawal fee |
Other Restrictions
Online Statements Only, No overdraft facility
