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Savings Accounts

Suncorp Bank offers a range of savings accounts, including interest-earning accounts and convenient online-only accounts. Each provides access to features like our award-winning mobile app and handy budget tracker. Whatever your savings goals are, we offer an account to suit you.

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Customer Rating 5.0 stars out of 5 stars 5.0 stars out of 5 stars  (5.0 out of 5)

BE REWARDED FOR CONSISTENT SAVING

Growth Saver Account

Earn bonus interest for every month that you grow your net balance by $200 or more (excluding interest) and make no more than one withdrawal. Ideal for helping you reach those long-term savings goals.

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Standard interest rate

variable rate

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Bonus interest rate

variable rate

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Growth Saver interest rate

1

variable rate

Looking for a different type of savings account?

ACCESS YOUR MONEY WHEN YOU NEED TO & CONTINUE TO EARN INTEREST

An online-only savings account with no account-keeping fees that lets you earn interest without locking your funds away.

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On balances $0.01 & over

AN EVERYDAY ACCOUNT WITH LINKED SUB-ACCOUNTS TO HELP YOU SAVE

A savings supportive transaction account with the ability to link up to 9 sub-accounts5, earn higher interest rates via our flexiRates* and no account keeping fees.

Find out more

3

On balances $0.01 & over

Still not sure? Compare all our savings accounts side-by-side.

Boost your savings with flexiRates

Earn higher interest by choosing to lock a portion of the money in your savings account away for up to 12 months.

flexiRates can easily be set up and managed in Internet Banking.

 

flexiRates are available on the 55 Plus account, eOptions Online Savings Account and Everyday Options Sub-Account.

Benefits of banking with us

No ATM Fees
Fee-free withdrawals at Suncorp, rediATMs plus the Big 4

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

Eligibility criteria and limits apply.

Internet Banking
Easy-to-use online banking featuring our handy Budget Tracker

Security
We’re committed to protecting your personal information

Related products

We offer a range of products and services, so if you didn’t find what you were looking for, here are some other options:

Ready to get in touch?

Our friendly team of consultants are here to help.

Call Us

Mon - Fri 8am - 10pm

Sat – Sun 8am – 6pm

(AEST/AEDT)

Message us

Send us an email and one of our Banking Specialists will respond to your enquiry

Visit us

Visit your nearest store or ATM

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Customer Rating 5.0 stars out of 5 stars 5.0 stars out of 5 stars  (5.0 out of 5)

Find out exactly what Suncorp customers thought about their website experience when opening an account.

Reviews are managed and sourced by BazaarVoice.

Reviews are independently verified and detail our customers' real experiences.


Suncorp Bank Deposits Website Experience is rated 4.7 out of 5 by 140.
Rated 5 out of 5 by from Really quick service easy and affordable to manage quick service and easy opening of account. Really quick opening of account
Date published: 2020-03-23
Rated 5 out of 5 by from Easy to set up Very pleased with the account offer and speed to set up
Date published: 2020-03-23
Rated 5 out of 5 by from Satisfied Creating an Everyday Account was easy to do, not complicated and fast. I also appreciated the help prompts to clarify information.
Date published: 2020-03-20
Rated 5 out of 5 by from Easy, quick & simple online application Opened a new account online in less than 5 minutes!
Date published: 2020-03-19
Rated 5 out of 5 by from EASY Very quick process and very easily done. This is the just so simple and quick.
Date published: 2020-03-18
Rated 5 out of 5 by from New account I just opened new account online just two minutes back excellent
Date published: 2020-03-15
Rated 5 out of 5 by from Format Simple and easy to apply . There was no need to request for any assistance.
Date published: 2020-03-14
Rated 5 out of 5 by from Very easy It was easy to open an account. This made the task easy and simple.
Date published: 2020-03-12
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*FlexiRates allows you to earn higher interest rates by locking away a portion of your savings within your account for periods up to 12 months

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4. To be eligible for a Suncorp Bank Visa Debit card you must be 16 years of age or older and a permanent resident of Australia. If not eligible you will receive a Suncorp Bank eftpos card
5. Everyday Options sub-accounts are only available with an Everyday Options account. You can add up to 9 sub-accounts.

Account owners must be 11 years or older (unless otherwise stated on the Product Information Document) and a permanent resident of Australia. There is no minimum balance requirement when you open a Suncorp Bank deposit account.

Interest rates and fees and charges are subject to change without notice.

Deposit Products 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 before opening an account. Fees, charges, terms and conditions apply and are available on request.

Interest rates

 Interest is calculated on a 'tiered' basis which means that when your account balance exceeds the required amount, we will apply the higher interest rate to your entire balance

Offset capability

Use the balance in your savings and transaction account to offset the balance in your home loan. You’ll pay less, because the interest is calculated on the Home Loan amount minus the balance in your accounts. To put it simply, the larger the balance you hold in your Everyday Options account and Sub-accounts, the less interest you’ll end up paying on your home loan.