Savings account

Target Bonus Account

Current savings rate from People First Bank. Compare the ongoing rate, bonus conditions, introductory offers, and eligibility in one place.

Target Bonus Account

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4.00% p.a.
ongoing rate
Rate breakdown
Base rate: 0.01%
Bonus rate: + 3.99%
How to earn it

bonus interest will be applied to all balances if at least one deposit and no withdrawals are made

Rate current since 4 Apr 2026.

What to know

This page focuses on the ongoing rate: 4.00% p.a. That is the rate after any honeymoon period ends.

To earn the full rate, you need to meet these conditions: bonus interest will be applied to all balances if at least one deposit and no withdrawals are made

If you miss the conditions in a given month, you earn only the base rate: 0.01% p.a.

Get alerted when this rate changes

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The information on this page is general in nature and does not constitute financial advice. Rates are subject to change — verify directly with the provider before making a financial decision.

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