Name: Savings Accounts & Term Deposits
Brand: Suncorp Bank

Why choose a Suncorp Bank savings account or term deposit?

No monthly fees,
forever

with no deposit requirements or other strings attached

Earn interest on
every dollar

No minimum monthly deposit required to earn interest

Safe and
secure

Deposits up to $250k are guaranteed

Save every month

Growth Saver

Grow your savings faster with monthly bonus interest.

Growth Saver interest rate

variable rate

Standard interest variable rate

Bonus interest variable rate

Why a Growth Saver Account?

Earn bonus interest every month you grow your net balance by $200 or more (excluding interest) and make no more than one withdrawal.
Good for saving steadily towards a goal, like a home deposit or a holiday.
Easy to set up and manage your account online.

Find out more

Open now

Open now in under 5 minutes

Set aside savings

flexiRates

Reduce the temptation to spend by setting aside savings in your Everyday Options Account.

fixed rate

Why a flexiRate?

Get a higher return on savings in your Everyday Options Account – and get started with as little as $1.
Choose a fixed term (1-12 months). If you need to access your money early, an interest adjustment will apply.
Everyday Options Account customers can easily set up and manage a flexiRate online.

Find out more

Lock away savings

Term Deposits

Enjoy the certainty of traditional term savings.

fixed rate for balances $100,000 - $999,999

Why a Term Deposit?

Get a guaranteed return on savings you leave untouched for a set period. Invest from $5,000.
Choose a fixed term (between 1 and 60 months). If you need to access your money early, an administration fee and 31-day wait period will apply.
Set up a Term Deposit in-branch or by phone.

Find out more

Benefits of banking with us

No ATM Operator Fees
Fee-free^# withdrawals at Suncorp Bank ATMs, atmx, rediATMs^† plus the Big 4 ATMs

Everyday discounts
Suncorp customers with a Savings account can sign-up and save on everyday items

Eligibility criteria and limits apply.

Easy online banking
Bank your way with the award-winning Suncorp App and Suncorp Internet Banking

Security
We’re committed to protecting your personal information

Customer Rating

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Deposit Products and Fixed Term Deposits are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882. Please read the Product Information Document for Personal Deposit Accounts (PDF 255KB) and Term Deposits (PDF 186KB) before opening an account. Fees, charges, terms and conditions apply and are available on request.

3. Advertised rates not available for alternative Interest Payment frequencies. Minimum investment $5,000. Negotiated Rates available for amounts over $2,000,000.

# Terms and conditions apply. Find out more on our Suncorp Bank ATMs page.

† From 31 December 2021 an ATM operator fee will be charged for any ATM withdrawal or enquiry made on a rediATM network ATM.