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St.George Bank Direct Saver - 6.00%p.a at call (New account only )

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Open a St.George Bank Direct Saver online saving account today and enjoy a fixed bonus rate of 1.55%p.a. above the standard Direct Saver variable rate (4.45%p.a. on 12 April 2010), for 4 months when you open a Direct Saver account before 30 June 2010.

  • A great variable rate of 6.00%p.a.*
  • No minimum balance
  • No monthly account service fee
  • No transaction fees – deposit and withdraw funds as frequently as you need without incurring fees
  • Get easy access to your money 24 hours a day, 7 days a week#
  • Money Magazines's 'Best of the Best 2010' DIY Super Savings Account - making it perfect to manage your own super

Hurry! This offer is available until 30 June 2010.

Related Stores

directsaver.com.au
directsaver.com.au

closed Comments

  • St George Bank passed full 0.25% increased rate to customers. How's UBank?

  • +1

    pretty sure ubank will beat this, by 0.01% lol
    … @MOD: please email Gerd asap :) thanks

    • I am looking forward to seeing this.
      https://secure2.ubank.com.au/ub/web/usaver/online-savings-ra…
      This rate assurance is valid until further notice.

      The competitor accounts covered by this rate assurance are:

      ING Direct Savings Maximiser
      Bankwest TeleNet Saver
      Commonwealth Bank NetBank Saver
      Westpac eSaver
      ANZ Online Saver
      St George Direct Saver

      It has been several weeks but ubank is still at 5.85% while its competitors has gone up to 6%

  • UBank has passed on 0.00%

  • +3

    Negative vote for the short-term introductory rate.

    • +1

      If you had $100,000 and were getting 1.55%p.a better than the competition for 4 months, then it equates to roughly ~$500 better off. Still a good deal in that respect if you had a large sum.

      • agree.. this is still good

      • +1

        uBank(5.95%) is better. If you go with St George, you only get 0.05% extra for 4 months, while still need to open a new account and also move out the money after 4 months, not worth the effort.

  • No defence of Ubank - but they seem to wait until the others like St George move, then their rate guarantee kicks in. They do however match the intro rates, whereas StG BWest only offer to new customers. Which doesn't encourage or build loyalty.

    • UBank's USaver rate assurance ended on 31st of March 2010?

      • then time to take our money out from ubank

    • St George does from time to time, offer the better rates to some of its current customers. It is a PITA that it does not really foster loyalty, but then it's no different to telcos offering better deals to new connections…

  • A couple of months ago I negotiated to have my St George power saver account to be 0.05% under the introductory rate of the direct saver account. Currently it's 5.95%. Got ATM and branch access to my account.

  • negotiated? so you just went in to a branch and asked? Or was there some special reason they did this for you?

    • +1

      Yeah. Amount was substantial enough. Threatened to move all my funds to Ubank. Now I'm a "Gold Service" member LOL. Apparently I now have personalised service and can speak to my local St George branch manager anytime.

  • Better deals around

    • where? please provide evidence. thanks

  • On St. George's main site, the details report the same base rate and bonus that add up to 6.00%, but the total is given as 5.75%. I'd be a bit worried about trusting my money with a bank that can't add properly ;p

    (http://promos.stgeorge.com.au/start-saving/?WT.ac=Product-Pa…)

    • Fixed now :)

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