Pay and Save

No monthly feesEver

2.25% p.a.Easy to earn bonus interest

Government guaranteedUp to $250,000 ¹

Take control of your money for today and tomorrow

Divide your money without losing out on your interest. Open up to 3 Save accounts and earn our marketing-leading interest rate across all of them.
No more losing days of interest waiting for your money to reappear when you make a transfer. With instant transfers via Osko (if your traditional bank has it), you can move money into your Save accounts and earn interest immediately.
Set up direct debits straight from your Save accounts. That means no worrying about whether you have enough money in your Pay account to cover those upcoming bills.

Market-leading rate on up to $300,000. Earn 2.25% p.a. on up to 3 Save accounts (balances up to $100,000 per account) when you deposit $1,000+ per month into any of your Pay and Save accounts. This variable rate is made up of 0.40% p.a. base plus 1.85% p.a. bonus.
Over 90% of our customers’ saving balances are earning bonus interest each month. We all need a hand sometimes to stay on track and we’ve got your back with a little nudge each month if you’re not on target to earn your bonus rate.
Flexibility to save or spend as you want. Life is unpredictable so sometimes you may have to dip into your savings. With our Save accounts you can take your money out at any time without affecting your bonus interest because it’s your money after all.