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Frequently asked questions

PremiumSaver

How does the Premium Saver work?

PremiumSaver is designed to reward regular savers with a higher interest rate than what you can get on our high interest on call savings account. 

Simply grow your balance by $200 ($2,000 for business) by the end of each month (on top of interest earned) and you will receive the higher rate of interest on your full balance (up to $1m) for that month. 

If you don't manage to increase your balance by the required amount by the last business day of the month compared to that month's opening balance, then you will receive the lower interest rate on your total balance for that month.

Read more detail on the full conditions of the PremiumSaver for personal, DIY Super and business customers.