Woolworths Team Bank Bonus Saver Account

savings accountoccupation membershipstaleterms checked

Bonus Saver Account is a savings account from Woolworths Team Bank. It pays 4.90% 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.

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

The feed states a maximum balance of $100,000.

Conditions

• not updated by the bank since 2026-07-07, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
• Membership limited to Woolworths Group and Endeavour Group team members and their families (the bank's membership form)
• bonus needs a deposit of at least $100 each month and no withdrawals; otherwise only the 0.10% base rate is paid that month
• the portion of the balance above $100,000 earns only the base rate
• members aged 18 and over living in australia as citizens, permanent residents or on a relevant work visa
• only one bonus saver per customer, solely or jointly owned

Features

The feed lists no features for this account.

Fees, limits and who can open it

monthly fee

no monthly fee stated

maximum balance

$100,000

bonus paid up to

$100,000

interest paid

monthly

interest calculated

daily

open to

personal customers

occupation membership

open only to people in certain occupations, or the lender takes members only from them

Who can open it, in the bank's own words:

• Membership is open to team members of Woolworths and Endeavour Groups, their immediate family members, and those with an affinity to Woolworths Group.

About this account

Bonus Saver Account

Data

• Woolworths Team 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: bonus-saver-account, savings, disclosure-statements, our-interest-rates, PDS_Fees_Charges_Transaction_Limits_2026_08.pdf; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/woolworths-team-bank.json: this bank's accounts and every balance band as JSON; Woolworths Team Bank's page lists them.
• The bank last updated this record on 7 July 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 Woolworths Team Bank

• Christmasstale savings account, 2.10% base at $50,000
• Netplusstale savings account, 2.00% base at $50,000
• Access Accountstale transaction account, 0.00% base at $50,000
• Budgetstale transaction account, 0.00% base at $50,000

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