BankVic Bonus Saver Summary
Description
Reach your savings goals faster by earning bonus interest
Benefits
- No monthly savings-account fee.
Hoops
- For bonus interest, deposit at least $100 each month. Check the full requirements below.
- Withdrawals can forfeit bonus interest.
- Ongoing rate cap: $5,000,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | BankVic Bonus Saver |
|---|---|
| Maximum variable rate | 5.35% p.a. |
| Ongoing interest rate | 5.35% p.a. |
| Base interest rate | 0.05% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 0.05% |
|---|---|
| Ongoing | 5.35% |
| Ongoing cap | $5M |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 1 |
| Dep $/mth | $100 |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | 0 |
| Min age | - |
| 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: 0.05% p.a., before bonus interest.
- Ongoing: 5.35% p.a. when bonus conditions are met. Up to $5m.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.05% | This band only | All balances |
| Ongoing total, conditions met | 5.35% | This band only | First $5m |
| Ongoing total, conditions met | 0.06% | This band only | Over $5m |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- Advertised standard personal AUD savings pricing, calculated daily. No separate introductory rate. Optional transaction/service fees may apply.
- Deposit at least $100 in the calendar month and make no withdrawals to earn bonus interest. No card-purchase or separate balance-growth test. Otherwise the base rate applies.
- The calendar-month calculation runs from the close of the last day of the prior month to the close of the last day of the current month. Interest is paid monthly.
- Qualification timing: Requirements are assessed in the current month. Check the settlement deadlines and exclusions in the requirements.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with BankVic.
- BankVic membership required: eligible police, emergency-services, health or government workers, and eligible family members. Australian citizens or residents can apply, the current membership page corrects the CDR’s citizen-only wording.
- Membership requires a refundable $10 share, separate from the savings account’s $0 monthly account fee.
More from BankVic
Similar products
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 31 Oct 2026. Pricing verified on 28 Oct 2026.