Flex Saver
An online savings account that earns you interest every month on balances up to $3 million, regardless of how you save.
On this page
Details
| Field | Value |
|---|---|
| Base | 5.30% |
| Ongoing | 5.30% |
| Ongoing cap | $3M |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 18 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 5.30% | This band only | First $3m |
| Standard variable | 0.00% | This band only | Over $3m |
Source: noren.com.au
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Rate requirements
For Flex Saver.
- No monthly deposit, growth, purchase or withdrawal-count qualification. Interest on the first $3m only, excess portions earn zero. Calculated daily and paid on the last day of the month.
- 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
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 29 Oct 2026 | 5.30% | 5.30% | - |
Source: noren.com.au
Eligibility
- Age 18 or over.
- Individual applicants only
- Personal sole or joint holders age 18+, Australian citizens or permanent residents. Businesses and SMSFs are ineligible. A refundable $2 membership share is debited when joining, it is not a recurring monthly fee. Electronic statements only.
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 on 30 Oct 2026. Pricing verified on 27 Oct 2026.