Save Account
SAVE ACCOUNT
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Details
| Field | Value |
|---|---|
| Base | 3.33% |
| Ongoing | 3.33% |
| Ongoing cap | Tiered |
| Intro | 4.83% |
| Intro cap | Tiered |
| Intro period | 4 mths |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| Max age | - |
| Fee/mth | $5 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 0.75% | This band only | First $2k |
| Standard variable | 3.55% | This band only | Over $2k to $2m |
| Standard variable | 0.00% | This band only | Over $2m |
| Introductory total, first 4 months | 2.25% | This band only | First $2k |
| Introductory total, first 4 months | 5.05% | This band only | Over $2k to $2m |
| Introductory total, first 4 months | 1.50% | This band only | Over $2m |
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 Save Account.
- Variable annual rates calculated daily and credited monthly. Rates apply to each balance portion as expressly defined by the October provider rate schedule.
- The ordinary account keeping fee is $0. The standard membership administration fee is $5 per month, charged once per member. Fee/mth includes it unless an automatic age waiver is established. It is waived with an average monthly aggregate balance of at least $1,000, an active loan or credit card, age 25 or under, or the first three months of membership. A selected balance alone does not prove the monthly average.
- Optional paper statements cost $3 per statement, waived under age 12, this is not a mandatory monthly account fee. Dormant accounts over 12 months can incur $75 annually. Current fee documents supersede stale CDR age-21 and $2.50-per-month paper-statement wording.
- October pricing approval ends before the announced 1 November 2026 Sydney rate change. New rates require fresh collection and provider review.
- No monthly deposit, growth, purchase or withdrawal-count interest condition. At-call online/app access.
- The CDR INTRODUCTORY component is the annual-rate uplift across all portions. The October schedule explicitly adds this uplift for four months, including above $2 million. The displayed introductory rate is the resulting total at the selected balance, not the uplift alone or a headline from another band.
- The provider page describes the full introductory tier rate as replacing the standard rate. It must not be added to the standard rate a second time. Ongoing pricing remains separate from introductory pricing.
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $5 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 29 Oct 2026 | 3.33% | 3.33% | 4.83% |
Source: noren.com.au
Eligibility
- Personal Australian-resident scenario. Membership, subscription for a member share and identity checks are required.
Introductory offer
- New Save Account holders who have never held the product before. One welcome offer per person across sole and joint accounts. Four calendar months including the opening date, no monthly deposit or withdrawal condition.
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 31 Oct 2026. Pricing verified on 28 Oct 2026.