Beyond Purple Bonus Saver Summary
Description
The Purple Bonus Saver Account is designed to assist you to grow your savings and achieve your goals.
Benefits
- No monthly savings-account fee.
Hoops
- For bonus interest, deposit at least $50 each month. Check the full requirements below.
- Withdrawals can forfeit bonus interest.
- Ongoing rate cap: $200,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Beyond Purple Bonus Saver |
|---|---|
| Maximum variable rate | 4.90% p.a. |
| Ongoing interest rate | 4.90% p.a. |
| Base interest rate | 0.01% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 0.01% |
|---|---|
| Ongoing | 4.90% |
| Ongoing cap | $200K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | $50 |
| 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: 0.01% p.a., before bonus interest.
- Ongoing: 4.90% p.a. when bonus conditions are met. Up to $200k.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.01% | Whole balance | All balances |
| Ongoing total, conditions met | 4.90% | This band only | First $200k |
| Ongoing total, conditions met | 0.01% | This band only | Over $200k |
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
- No introductory offer. Zero monthly account-keeping fee, transaction and service fees can apply. Optional linked Purple Transactor marketing is not an interest qualification.
- Deposit at least $50 by the end of the last day of the calendar month and make no withdrawals that month. The base rate applies if qualification fails. No purchase or separate balance-growth test.
- Bonus applies only to the first $200,000 portion, excess earns the base rate alone. The source’s upper BONUS component repeats that fallback base and is not added a second time.
- Two staff-assisted transactions per month are free, then $2.50 each. A free withdrawal still breaks bonus qualification.
- Other fees can include Bank@Post, overseas transactions, optional services and a $10 annual dormant-account fee after 12 months without a member/signatory transaction. Zero monthly account fee does not mean all services are free.
- 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 Beyond.
- Personal AUD savings use, become or remain a Beyond Bank Australia member and complete the bank’s identity checks. No product minimum balance in the reviewed Product Guide.
- Available to individuals for non-business purposes.
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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.