Coastline Bonus Reward Saver Summary
Description
A variable-rate savings account. Bonus interest depends on meeting the account’s monthly requirements.
Benefits
- No monthly savings-account fee.
Hoops
- For bonus interest, deposit at least $100 each month, make a deposit of at least $100 each month. Check the full requirements below.
- Withdrawals can forfeit bonus interest.
- Ongoing rate cap: $2,000,000. See the rate breakdown for higher balances.
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Details
Key details
| Product name | Coastline Bonus Reward Saver |
|---|---|
| Maximum variable rate | 5.50% p.a. |
| Ongoing interest rate | 5.50% p.a. |
| Base interest rate | 0.40% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 0.40% |
|---|---|
| Ongoing | 5.50% |
| Ongoing cap | $2M |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 1 |
| Dep $/mth | $100 |
| Growth/mth | - |
| Buys/mth | - |
| 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: 0.40% p.a., before bonus interest.
- Ongoing: 5.50% p.a. when bonus conditions are met. Up to $2m.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.40% | Whole balance | $1 to $2m |
| Ongoing total, conditions met | 5.50% | Whole balance | $1 to $2m |
| Rates unverified | - | - | Over $2m |
Source: noren.com.au
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Requirements
- Interest is calculated on the daily balance and credited at month end.
- No monthly service fee. Separate non-standard service, dishonour or coin-handling charges may apply. No introductory offer is established. Reviewed pricing starts at $1.
- Make at least one individual deposit of $100 or more and make no withdrawals during the calendar month. Several smaller deposits totalling $100 do not establish this qualification. Otherwise the base rate applies. This is a deposit requirement, not a balance-growth requirement.
- The advertised bonus-inclusive rate already includes the base rate. The bonus allowance covers the first $2 million across all Bonus Reward Saver accounts held by the customer, other accounts use part of the same allowance.
- Pricing assumes the selected balance fits within the remaining shared allowance. Provider wording mixes maximum-balance and bonus-interest-cap terms, pricing above $2 million is withheld rather than asserting a holding limit or an excess rate.
- No limit on the number of Bonus Reward Saver accounts. At-call access through the app, online banking or branches, with no card access under the current TMD. Withdrawals forfeit the bonus for that month.
- 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 Coastline.
- Personal customers, subject to Coastline membership, identity and account-opening checks. Opening channels and arrangements for children may differ. No universal numeric age restriction is established by the reviewed documents.
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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 31 Oct 2026. Pricing verified on 29 Oct 2026.