Greater Bank Life Saver
savings accountage limited
Life Saver is a savings account from Greater Bank. It pays 5.75% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0+ | 5.75% |
One rate on every balance, with no upper limit.
The feed states a minimum balance of $1.
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
- transactions
- unlimited
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- Bulk coin purchase fee - Existing branch stock (no amount in the feed)
- minimum balance
- $1
- interest paid
- monthly
- interest calculated
- daily
- age
- up to age 25
- open to
- personal customers
- age limited
- open only to people of certain ages (kids, youth or seniors accounts)
Who can open it, in the bank's own words:
- Must be identifiable in terms of legislative requirements
- residency: Australian Residents only
- age 25 and under: Must be under 25 years of age to open the account but can retain it for life.
About this account
Conditional savings account for under 25 year olds
Data
- Greater Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions.
- Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
/au/finance/savings-accounts/v1/brands/greater-bank.json: this bank's accounts and every balance band as JSON; Greater Bank's page lists them.- The bank last updated this record on 12 November 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 Greater Bank
- Bonus Saver savings account, 4.50% base at $50,000
- Retirement Plus savings account, 1.80% base at $50,000
- Accessstale transaction account, 0.00% base at $50,000
- Business Accessstale transaction account, 0.00% base at $50,000
- Business Optimiser transaction account, 1.25% base at $50,000
All of Greater Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
We receive no payment from any lender for inclusion or ranking.
Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. Rates change without notice, bonus interest is paid only in the months an account's conditions are met, and banks may apply conditions not captured here. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.