Bonus Saver
A variable-rate savings account. Bonus interest depends on meeting the account’s monthly requirements.
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Details
| Field | Value |
|---|---|
| Base | 0.25% |
| Ongoing | 5.00% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | $100 |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | 0 |
| Min age | - |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.25% | Whole balance | All balances |
| Ongoing total, conditions met | 5.00% | Whole balance | All balances |
Source: noren.com.au
Bonus requirements
For Bonus Saver, meet these requirements to earn the ongoing total rate shown above.
- Interest calculated daily and paid monthly. The rate schedule effective 29 October 2026 and account summary govern pricing, incomplete CDR rates are retained separately.
- Free monthly Simple Access package for customers joining from 7 July 2026. Existing customers may be on a different fee package, service and non-standard transaction fees can apply. No holding maximum is established.
- Deposit at least $100 during the calendar month and make no withdrawals to earn the bonus. Otherwise the published variable base applies. This is not a balance-growth requirement. The summary does not require a linked account or provide a debit card for this account.
- CDR contains conflicting zero-fallback wording and omits the base component. The published provider base of 0.25% and total of 5.00% govern this independently reviewed website row.
Qualification timing: Requirements are assessed in the current month. Check the settlement deadlines and exclusions in the requirements.
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 |
|---|---|---|---|
| 31 Oct 2026 | 0.25% | 5.00% | - |
Source: noren.com.au
Eligibility
- Personal use only, subject to identity and provider account-opening checks. Business and community uses are excluded.
- Online account applications are temporarily unavailable during a provider upgrade. Contact Summerland or visit a Summerland branch to arrange opening. Regional Australia Bank and Summerland systems/branch services are not yet interchangeable.
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 29 Oct 2026.