Geelong Bank Achieve Saver
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Achieve Saver is a savings account from Geelong Bank. At $50,000 it pays 2.82% p.a. in a month in which the conditions below are met and 1.22% when they are not.
Rate tiers
Every balance band in the bank's feed: base is the rate when the bonus conditions are not all met, bonus the add-on for meeting them, conditional the two together.
| Balance | Base | Bonus | Conditional |
|---|---|---|---|
| $0 – $4,999.99stepped: paid on the part of the balance in this band | 0.01% | 1.60% | 1.61% |
| $5,000 – $249,999.99stepped: paid on the part of the balance in this band | 1.35% | 1.60% | 2.95% |
| $250,000+stepped: paid on the part of the balance in this band | 1.35% | 0.00% | 1.35% |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
The bonus is paid on top of the base rate in a month in which the conditions are met; conditional is the two together, and the base rate is what is paid otherwise.
The bonus is paid on balances up to $250,000; the band above it shows what the feed states there.
The feed states a minimum balance of $1.
Conditions
For the bonus rate
- no withdrawals in the month
Other conditions
- not updated by the bank since 2026-10-01, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
- bonus needs a deposit of at least $50 in the calendar month; one withdrawal a month is allowed; bonus paid on up to $250,000
- members aged 18 years or over
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
Other features, in the bank's words:
- Bonus interest earned for each month if you make no withdrawals and the account has a deposit during that month.
- One free cash withdrawl per month then $2 every subsequent withdrawl
- eStatements available
- One free internal debit transfer per month then $2 every subsequent debit transfer
- No monthly access fee.
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- minimum balance
- $1
- bonus paid up to
- $250,000
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 18 and over
- open to
- personal customers
Who can open it, in the bank's own words:
- residency: Individuals must be citizens or permanent residents of Australia.
About this account
This account is ideal for the short term investor and includes bonus interest
Data
- Geelong Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
- We read the bank's own page and terms against this page on 1 November 2026: achieve-savers-account, interest-rates-14-oct-2026.pdf, deposit-account-interest-rates, fees-and-charges-20-may-2026.pdf, accounts-access-facilities-01-may-2026.pdf, why-join-geelong-bank; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/geelong-bank.json: this bank's accounts and every balance band as JSON; Geelong Bank's page lists them.- The bank last updated this record on 1 October 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Geelong Bank
- Affinity Savers savings account, 4.18% base at $50,000
- Christmas Club Accountstale savings account, 3.75% base at $50,000
- iSaverstale savings account, 2.96% conditional at $50,000
- Online Saver Accountstale savings account, 1.75% base at $50,000
- Senior Saversstale savings account, 1.63% base at $50,000
- Superfund Maximiserstale savings account, 4.45% base at $50,000
- Young Achiever Savingsstale savings account, 3.35% conditional at $50,000
- Redi-Access Accountstale transaction account, 0.00% base at $50,000
- Total Access Accountstale transaction account
All of Geelong Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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