Big kudos to the people at Whirlpool, maintaining the savings spreadsheet
New challenger for Top Interest Rate Savings Account in Australia
Fast Track Saver Account
- 25 years old and over; citizen or permanent resident of Australia; personal account (ie not business etc)
- bonus rate only if balance is under $250,000
- deposit $1,000 to your linked Day2Day Plus Account and the following month earns bonus interest
- 0.5% p.a. standard; bonus is 2.5% p.a. variable
Also
- needs a linked Day2Day Plus account (looks like a fee free transaction account with no account keeping fees)
- Withdrawals? looks like you can withdraw to your Day2Day Plus account with no penalties. You can transfer to other banks, from the Day2Day Plus account.
- [For transfers to other banks, in excess of $5,000 a day, a token device may be required. letters numbers Says you can get a physical one in branch and Yola says you can get a software one instead
So maybe open the account and deposit the first $1,000 a few business days before the end of the month. Then move the rest that you want to move, after the new month has started.
If 14-24 years old, there is a 4% on up to $10,000 deal here
I had Home loan with these people ……Terrible Bank. Just to attract customer told me a good interest rate ..On the date of load disposal increased home loan rate by 0.5% and made it one of worse. Changed to HSBC…..Will never go back to them. Cheaters at least for me.