Great Southern Bank Home Saver

savings accountlinked accountstaleterms checked

Home Saver is a savings account from Great Southern Bank. At $50,000 it pays 5.50% p.a. in a month in which the conditions below are met and 0.50% 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.

Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.

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 $100,000; the band above it shows what the feed states there.

The feed states a minimum balance of $1.

Conditions

For the bonus rate

• deposit $2,000 or more each 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 needs a Great Southern Bank Everyday Edge Account
• bonus also needs 5 or more Visa Debit card purchases a month from the Everyday Edge Account

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

bonus paid up to

$100,000

interest paid

monthly

interest calculated

daily

age

ages 18 and over

open to

personal customers

linked account

a linked or nominated transaction account is required

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 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.

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: home-saver, gitc; 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
• Future Saverstale savings account, 5.10% conditional at $50,000
• Goal Saverstale savings account, 5.60% 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.