Great Southern Bank Savings Accounts
Compare 5 Great Southern Bank savings accounts alongside the rest of the market, with the Great Southern Bank filter already applied. Rates up to 5.50% p.a.
Comparing 5 products
Saving $10,000 over 1 year at the highest shown:
- Top rate
- 5.50% p.a.
- Interest earned
- $564
- Balance after 1 year
- $10,564
Estimate only, based on Great Southern Bank’s highest advertised rate. Interest is assumed to compound monthly at the max rate for the whole period, including any bonus or intro rate. Bonus rates are paid only in months their conditions are met and intro rates end after a set period, so actual interest can be lower.
| Product | Rate conditions | Actions | |||||
|---|---|---|---|---|---|---|---|
 | Max rate5.50% | Rate conditionsNo special conditions | Interest earnings$564 | For under-18s | An online savings account for newborns up to 17 years old to help save for a bright future. | ||
| Max rate4.85% | Rate conditionswith bonus conditions | Interest earnings$496 | For under-30s | For customers aged 18 to 24 years old. Receive bonus interest on balances up to $50,000 when you deposit $500 or more each month into your Everyday Edge Account from a non-Great Southern Bank account… | ||
| Max rate4.80% | Rate conditionsNo special conditions | Interest earnings$491 | Receive a competitive interest rate on balances up to $750,000 per account | |||
| Max rate4.75% | Rate conditionswith bonus conditions | Interest earnings$485 | Receive a stepped bonus rate if the balance of the Future Saver account increases by $250 by the end of each calendar month | |||
| Max rate4.75% | Rate conditionswith bonus conditions | Interest earnings$485 | Receive bonus interest on balances up to $100,000 when you deposit $2,000 or more each month into your Everyday Edge Account from a non-Great Southern Bank account and make five or more Visa Debit… | |||
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Important information
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Rates, fees and charges are subject to change without notice. Before acting on any information shown here, you should confirm the rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best”, these relate solely to the rates of interest offered by the provider and not to any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates.
We do not compare every savings accounts available in Australia, and this table does not compare every feature that may be relevant to you. Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability. Changing the filters will surface further relevant products. See how we sort and rank products.
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Guides
- Savings Accounts Guide How savings interest is calculated, paid and taxed A savings rate is quoted per year but earned per day, which is why the interest that lands in your account rarely matches the number you expected. Here is the calculation, the tax treatment, and the guarantee that sits behind the balance.
- Savings Accounts Guide Bonus savings rates explained Most high-interest savings accounts in Australia advertise one rate and often pay another. Here is exactly how the conditions work, what it costs when you miss them, and how to choose an account you will actually earn on.
The Numbers Behind These Rates
Where this market sits today, and the official figures behind it.
- Market averages Savings Account Market Averages Today's average savings account rate, by segment, and how it has moved since the last reading. Taken from every product in the feed, not a survey.
- Statistics Average Savings Account Interest Rate in Australia Almost every high-interest savings account advertises one rate and pays another. The tiles below show the gap between the headline rate and the base rate you fall back to, live across the accounts we compare.
- Market averages Term Deposit Market Averages Today's average term deposit rate, by segment, and how it has moved since the last reading. Taken from every product in the feed, not a survey.
- Statistics Average Term Deposit Rates in Australia Term deposit rates are not a single number, they are a curve across terms. The live tiles below show the average and best rate in each term band, which is the fastest way to see where the banks think rates are heading.
- Rate Tracker Every Market, One Page The daily average across home loans, savings, term deposits, credit cards and personal and car loans, measured against the RBA cash rate.