Aus Military Online Saver Summary
Description
The Online Saver Account gives you access to your money exclusively via Internet Banking, so you can avoid temptation and reach your savings goals faster. Plus, you’ll be rewarded with a competitive bonus interest rate when the conditions on the account are met.
Benefits
- No monthly savings-account fee.
Hoops
- Applicants must be at least 11.
- Bonus interest depends on meeting the provider’s requirements.
- Withdrawals can forfeit bonus interest.
- Ongoing rate cap: $499,999.99. See the rate breakdown for higher balances.
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Details
Key details
| Product name | Aus Military Online Saver |
|---|---|
| Maximum variable rate | 4.85% p.a. |
| Ongoing interest rate | 4.85% p.a. |
| Base interest rate | 0.10% p.a. |
| Minimum age | 11 years |
Source: noren.com.au
All comparison details
| Base | 0.10% |
|---|---|
| Ongoing | 4.85% |
| Ongoing cap | $500K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | 0 |
| Min age | 11 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 0.10% p.a., before bonus interest.
- Ongoing: 4.85% p.a. when bonus conditions are met. Up to $499,999.99.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.10% | Whole balance | All balances |
| Ongoing total, conditions met | 4.85% | Whole balance | All balances |
Source: noren.com.au
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Requirements
- No withdrawals during the calendar month for bonus interest. No deposit or growth requirement. Base only when withdrawals occur. Exact $500,000 and excess-balance pricing are withheld pending reconciliation of provider wording and the finite source schedule.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Aus Military.
- Individuals must be citizens or permanent residents of Australia.
- Age 11 or over.
- Australian citizenship or permanent residency. Membership is open beyond Defence personnel, the current membership FAQ confirms anyone may join.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected on 30 Oct 2026. Pricing verified on 27 Oct 2026.