Growth Saver Account

Be rewarded for meeting your savings goals.

You can earn IRM{gsdep.4.1}

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Standard interest rate

variable rate

+

Bonus interest rate

variable rate

=

Growth Saver interest rate

1

variable rate

Grow your net balance by $200 or more (excluding interest); and

Make no more than one withdrawal during the month.

For example, say you make a withdrawal of $600 to cover your car registration. If you still want to earn bonus interest for that month, you need to contribute at least $800 into your account before the end of the month. You also can’t make any more than that one withdrawal.

More reasons to choose our Growth Saver Account

  • No monthly account keeping fee
    So your money remains your money
  • Bonus Interest
    Grow your net balance by at least $200 a month (excluding interest) and make no more than one withdrawal*
  • Achieve your savings goals

    Good for saving steadily towards a goal like a home deposit or holiday

  • Card free savings account

    There is no debit card, ATM, eftpos or personal cheque access with this account.

Start earning higher interest today. Apply for an account online in just a few minutes.

Open an account online

So many ways to access your money

Suncorp Bank App

Safe, secure & easy mobile banking

Internet Banking

Fast, easy & unlimited

Telephone Banking

Check balances & make unlimited transfers

Helpful savings tools

Savings Calculator

Budget Planner

Growth Saver Product Information Document

Saving for a home

Open an account online in minutes

Or you can contact us so we can assist you

Open now

Get some quick answers

Things you should know

1.

* If you need to make more than one withdrawal, you’ll still receive the standard variable interest rate

Deposit Products are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882. Please read the relevant Product Information Document and Terms & Conditions 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.