Great Southern Bank Savings Account Rates

Credit union
www.greatsouthernbank.com.au ↗

Great Southern Bank is a credit union offering savings accounts across several age groups. The Youth eSaver pays a competitive rate with no stated conditions for customers aged 17 and under. The Goal Saver offers its advertised rate for 18 to 24 year olds on balances up to $50,000, requiring a $500 monthly external deposit and five Visa Debit Card purchases. The Home Saver reaches a competitive rate on balances up to $100,000 with a $2,000 monthly deposit condition and the same card requirement.

Deposits with Great Southern Bank are protected under the Financial Claims Scheme up to $250,000 per account holder per ADI.

Savings Accounts

5.25% p.a.
ongoing rate
Rate breakdown
Base rate: 0.50%
Bonus rate: + 4.75%
How to earn it

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 Card purchases.

Bonus rate applies on balances up to $100,000

Rate current since 22 May 2026.
4.85% p.a.
ongoing rate
Rate breakdown
Base rate: 0.10%
Bonus rate: + 4.75%
How to earn it

Rate applies on a stepped basis. Bonus interest is applied on top of the base rate if the balance of the Future Saver account increases by $250 by the end of each calendar month (excluding interest payments, withholding tax and fees).

Rate current since 22 May 2026.

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