Bendigo Reward Saver (31 years or older) Summary
Description
A savings account that helps you save for your goals - with a Bonus Rate to get you there faster.
Benefits
- No monthly savings-account fee.
Hoops
- Applicants must be at least 31.
- For bonus interest, make at least 1 qualifying deposit each month, grow the balance by at least $0.01 each month. Check the full requirements below.
- Ongoing rate cap: $100,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Bendigo Reward Saver (31 years or older) |
|---|---|
| Maximum variable rate | 5.00% p.a. (Ongoing, Bendigo Reward Saver (30 years or younger)) |
| Ongoing interest rate | 5.00% p.a. |
| Base interest rate | 0.10% p.a. |
| Minimum age | 31 years |
Source: noren.com.au
All comparison details
| Base | 0.10% |
|---|---|
| Ongoing | 5.00% |
| Ongoing cap | $100K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 1 |
| Dep $/mth | - |
| Growth/mth | $0.01 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 31 |
| 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: 5.00% p.a. when bonus conditions are met. Up to $100k.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.10% | Whole balance | All balances |
| Ongoing total, conditions met | 5.00% | This band only | First $100k |
| Ongoing total, conditions met | 0.10% | This band only | Over $100k |
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
- Make a deposit and grow the primary/oldest Reward Saver balance by month end, excluding interest. Only the first $100,000 receives the qualifying total, excess receives base. Additional accounts earn base only. Opening-month qualification waiver applies.
- Provider fee review 29 October 2026: this savings account has no monthly account-keeping fee. This does not waive transaction, statement, special-service or separately linked-account charges, their published conditions still apply.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Bendigo.
- Grow your balance every month
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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 and verified on 31 Oct 2026.