NetPlus
An at-call online savings account with daily variable interest paid monthly and no monthly activity requirement.
On this page
Details
| Field | Value |
|---|---|
| Base | 2.00% |
| Ongoing | 2.00% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | - |
| Growth/mth | - |
| Buys/mth | - |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 2.00% | Whole balance | All balances |
Source: noren.com.au
Rate requirements
For NetPlus.
- Interest is calculated daily and credited at the end of each month.
- No introductory offer is established. Membership requires a separate refundable $1 share. Other service and transaction charges may apply.
- No monthly deposit, balance-growth, card-purchase or withdrawal-count interest test. The published rate is uncapped and funds are available at call. No account fees under the current TMD.
- Withdrawals are through internet banking or BPAY. Staff-assisted withdrawals incur fees under the current account summary. Direct credits are allowed, no direct debits or card access under that summary. The older product page lists broader access, confirm any assisted service with the bank.
- The August 2026 summary lists a $1 opening deposit. The TMD states no minimum ongoing balance. These are separate from a monthly qualifying-deposit requirement.
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 | 2.00% | 2.00% | - |
Source: noren.com.au
Eligibility
- Membership is open to Woolworths and Endeavour Group team members, their immediate family members and people with an affinity to Woolworths, such as Everyday Rewards members and contractors. Affinity membership is subject to approval under the Constitution. Retired employees, continuing members and qualifying transferred or legacy members may also qualify. Existing membership continues after employment ends. Joining requires identity checks and one refundable $1 member share. Confirm eligibility with Woolworths Team Bank.
- This comparison covers personal savings use.
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.