MySavings account
Our MySavings account offers you the freedom of no minimum balance, no account keeping or transaction fees and no minimum monthly deposit requirements.
On this page
Details
| Field | Value |
|---|---|
| Base | 4.55% |
| Ongoing | 4.55% |
| Ongoing cap | $2M |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 14 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 4.55% | Whole balance | Up to $2m |
| Standard variable | 1.50% | Whole balance | $2,000,000.01 and over |
Source: noren.com.au
Rate requirements
For MySavings account.
- No monthly deposit, growth, purchase or withdrawal-count qualification. The applicable tier rate applies to the entire daily closing balance, not portions.
- 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 | 4.55% | 4.55% | - |
Source: noren.com.au
Eligibility
- To open an account, you must be solely a tax resident of Australia.
- To open an account, you must be 14 years or older.
- Available to new and existing personal customers, age 14+, with an Australian residential address, mobile number and email, solely Australian tax resident. Companies, trusts and SMSFs are ineligible.
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.