Growth Saver Account

Be rewarded for meeting your savings goals.

You can earn IRM{gsdep.4.1}

Currently unavailable

Standard interest rate

variable rate

Bonus interest rate

variable rate

Growth Saver interest rate

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

To earn the bonus interest on your Growth Saver account, each month you need to:

Grow your net balance by $200 or more (excluding interest); and
Make no more than one withdrawal.

In order to earn the bonus interest on your Growth Saver account, you need to grow your net balance by $200 (excluding interest) and make no more than one withdrawal each month. If you fail to do one (or both!) of these, you will earn standard interest applicable on the account for that month instead.

Both the standard and bonus Growth Saver interest rates are variable, meaning they can increase or decrease at any given time.

There are no minimum or maximum balance requirements to open a Growth Saver account. You also don’t have to pay any account-keeping fees.

If you want to earn the bonus interest though, you will have to grow your net balance by at least $200 (excluding interest) and make no more than one withdrawal each month.

Things you should know

Home Loan, Personal and Business Banking products are issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882) to approved applicants only. Eligibility criteria, conditions, fees and charges apply and are available on request. Please read the relevant Product Information Document and terms and conditions before making any decisions about whether to acquire a product.

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