Virgin Money Boost Saver
savings accountlinked accountterms checked
Boost Saver is a savings account from Virgin Money. At $50,000 it pays 5.80% p.a. in a month in which the conditions below are met and 0.05% 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 – $250,000 | 0.05% | 5.75% | 5.80% |
| $250,000.01+ | 0.05% | — | 0.05% |
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 $250,000; the band above it shows what the feed states there.
Conditions
For the bonus rate
- deposit $1,000 or more each month
- 5 or more card purchases a month
In the bank's own words, as its feed states each condition on the bonus rate:
- monthly depositDeposit $1000
- card purchases5 purchases
Other conditions
- the bonus needs a linked Go Account in the same name with a $1,000 monthly deposit
- bonus needs 5 settled Visa Debit purchases a month on the linked Go Account (direct debits and BPAY count)
- 14 to 17 year olds get the bonus with no monthly criteria
- the extra 0.50% needs the Lock Saver feature, 18+ only, with 32 days' notice to withdraw
Bonuses the ranking leaves out, because the feed limits them to some people only (an age band, selected customers, new arrivals):
- 0.50% on $0 – $250,000: Additional variable interest rate earned on a Boost Saver where the optional Lock Saver Feature is enabled. Provide 32 days' advance notice to unlock your account or withdraw your money. This feature may be suitable for savings you don't need to immediately access.
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
- transactions
- unlimited
Other features, in the bank's words:
- The Boost Saver comes linked with our seriously rewarding Everyday Go Account. It's a debit card that rewards you with points on every purchase. Monthly Criteria and T&Cs apply.
- Feel safe knowing your deposits are guaranteed up to $250,000 per customer by the Australian Government's Financial Claims Scheme
- Earn an additional variable interest rate earned on a Boost Saver where the optional Lock Saver Feature is enabled. Provide 32 days' advance notice to unlock your account or withdraw your money. This feature may be suitable for savings you don't need to immediately access.
Fees, limits and who can open it
- monthly fee
- $0
- other fees named
- Currency Conversion (no amount in the feed)
- bonus paid up to
- $250,000
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 14 and over
- open to
- personal customers
- linked account
- a linked transaction account with the same bank is required
Who can open it, in the bank's own words:
- residency: Australian resident
About this account
Your everyday Virgin Money Go Account comes perfectly bundled with a Boost Saver - our highest interest earning savings account - to help you smash your goals sooner.
Data
- Virgin Money'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 13 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: boost-saver.html, bank-and-save, bank-and-save; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/virgin-money.json: this bank's accounts and every balance band as JSON; Virgin Money's page lists them.- The bank last updated this record on 11 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 Virgin Money
- Grow Saver savings account, 3.55% conditional at $50,000
- Go Account transaction account
All of Virgin Money'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.
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