Great Southern Bank Future Saver

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Future Saver is a savings account from Great Southern Bank. At $50,000 it pays 5.10% p.a. in a month in which the conditions below are met and 0.10% 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.

Some rows are paid on the whole balance and some, marked stepped, on the part of the balance in the band, as the feed states 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 rate changes with the balance; the bands above show what the feed states for each.

The feed states a minimum balance of $1.

Conditions

For the bonus rate

• 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

Other conditions

• not updated by the bank since 2026-10-26, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
• bonus interest needs the balance to grow by at least $250 each month, net of withdrawals and not counting interest
• applicants must be 18 or over and an Australian resident

Features

app

yes

Osko

yes

PayID

yes

Other features, in the bank's words:

• Account Nicknames - Add a personal touch to your personal accounts
• Mobile Banking App. For banking on the go, anywhere anytime from the convenience of your phone.
• The Boost. If you're looking for a way to achieve your savings goals faster, we've got a clever solution. We call it The Boost, and it'll help you save money as you're spending it!

Fees, limits and who can open it

monthly fee

$0

minimum balance

$1

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: You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank

About this account

Receive a stepped bonus rate if the balance of the Future Saver account increases by $250 by the end of each calendar month

Data

• Great Southern Bank's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees.
• Our verbatim snapshot of the bank's product record (source), as fetched on 26 October 2026.
• We read the bank's own page and terms against this page on 1 November 2026: future-saver, interest-rates, great-southern-bank-terms-and-conditions.pdf; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/great-southern-bank.json: this bank's accounts and every balance band as JSON; Great Southern Bank's page lists them.
• The bank last updated this record on 26 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 Great Southern Bank

• Everyday 50+ Accountstale savings account, 1.49% base at $50,000
• Everyday Saverstale savings account, 5.05% base at $50,000
• Goal Saverstale savings account, 5.60% conditional at $50,000
• Home Saverstale savings account, 5.50% conditional at $50,000
• Youth eSaverstale savings account, 1.47% base at $50,000
• Everyday Accountstale transaction account, 0.00% base at $50,000
• Everyday Business Accountstale transaction account, 0.00% base at $50,000
• Everyday Edge Accountstale transaction account, 0.00% base at $50,000
• Everyday Youth Accountstale transaction account, 0.00% base at $50,000

All of Great Southern Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.