Target Saver account is designed to help you focus your savings towards achieving your goal.
Features & Benefits
Higher interest rate offered than the standard Everyday Banking rate
No monthly account keeping fees
Customers can open the account with any amount and nominate a Target Date and/or a Target Amount
The account must be active for a minimum of six months
Deposits can be made via a direct payroll deduction or transfer
Interest is calculated on the daily balance and is credited to the account quarterly, and on reaching the target date and/or the closure of the account
Once the target date is reached, the balance plus accrued interest will be transferred to your Everyday Banking Account leaving your Target Saver account ready for your next savings goal.
Check the interest rates page for todays rate.
For further information or to take up this product please contact our friendly Customer Services Team on 1300 654 321 or visit your local Service Centre Consultant.