Great Southern Future Saver Account Summary
Description
A variable-rate savings account. Bonus interest depends on meeting the account’s monthly requirements.
Benefits
- No monthly savings-account fee.
Hoops
- Applicants must be at least 18.
- For bonus interest, grow the balance by at least $250 each month. Check the full requirements below.
- Ongoing rate cap: $500,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Great Southern Future Saver Account |
|---|---|
| Maximum variable rate | 5.10% p.a. |
| Ongoing interest rate | 5.10% p.a. |
| Base interest rate | 0.10% p.a. |
| Minimum age | 18 years |
Source: noren.com.au
All comparison details
| Base | 0.10% |
|---|---|
| Ongoing | 5.10% |
| Ongoing cap | $500K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $250 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 18 |
| 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: 5.10% p.a. when bonus conditions are met. Up to $500k.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.10% | Whole balance | All balances |
| Ongoing total, conditions met | 5.10% | This band only | First $500k |
| Ongoing total, conditions met | 3.75% | This band only | Over $500k |
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
- Grow the savings balance by at least $250 by calendar month end, excluding interest payments, withholding tax and fees. Withdrawals are allowed if the net growth requirement remains satisfied. Keep the same eligible savings product through month end.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Great Southern.
- Australian resident, age 18+, one Future Saver per customer, sole or joint names.
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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 28 Oct 2026.