Maxi Saver
A savings account that offers a great interest rate with access to funds through a linked account via Internet and Phone Banking.
On this page
Details
| Field | Value |
|---|---|
| Base | 1.25% |
| Ongoing | 1.25% |
| Ongoing cap | No cap |
| Intro | 5.15% |
| Intro cap | No cap |
| Intro period | 3 mths |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 1.25% | Whole balance | All balances |
| Introductory total, first 3 months | 5.15% | Whole balance | All balances |
Source: noren.com.au
Rate requirements
For Maxi Saver.
No ongoing monthly deposit, purchase or balance-growth conditions in the reviewed pricing.
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
Some checks lacked verified pricing. These observations do not establish uninterrupted availability.
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 29 Oct 2026 | 1.25% | 1.25% | 5.15% |
Source: noren.com.au
Eligibility
- An account may be opened in a child's name when the child is under 14, with a parent, guardian, or grandparent as authorised signatory.
- Those with an Australian residential address and who are currently in Australia.
- To hold a Maxi Saver account, you must also hold an eligible Bank of Melbourne transaction account in the same name and be registered for Internet and Phone Banking. Joint accounts are ineligible for the Online bonus offer.
Introductory offer
- First Maxi Saver account. For joint accounts, the primary holder must not have held Maxi Saver before.
Similar products
Tools & support
Things you should know
- Check withdrawal access, linked-account requirements and transaction timing with the provider.
- Introductory and ongoing offers may have different eligibility and balance limits.
Collected and verified on 31 Oct 2026.