GoalSaver rewards your saving efforts with a great variable bonus interest rate. Simply increase your balance by at least $200 a month (excluding interest) and make no more than one withdrawal per month. Whether it’s your first time with us, or you’re a loyal customer, GoalSaver will help you achieve your savings goal faster. So you and your savings rate can live happily ever after.
- No monthly account fees.
- Interest calculated daily and paid monthly.
- No minimum balance to open the account.
- Instant access to your money (in branch, online or through phone banking).
- Access to BPay®, International Money Transfer and Bank cheques (in branch).
- Base variable interest rate: 3% p.a. Bonus variable interest rate 3% p.a.
This seems like a good deal however the one catch I found is that as I'm not a Commonwealth Bank customer there's a NetBanking daily limit on transferring funds to a non-linked bank account of like $2000 a day which would make it hard to withdraw funds electronically to a non-Commonwealth Bank account I would guess.
Why don't you go for Ubank 6.51% & better conditions.