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  2. Savings Accounts
  3. Active Saver

Active Saver
Saving is hard, let us reward you for not spending.
Australian Unity Savings Awards

Up to 2.80%P.A. Variable interest rate1
$250 Minimum p/mth deposit
Nil Withdrawals to earn bonus interest
FLEXIBLE Transaction account linked with smartphones pay
Apply online

Apply in a few minutes

Features & benefits

Access bonus interest

Monthly deposit $250 minimum & with no withdrawals.

Maximise your savings

Interest calculated daily and paid monthly to get the most out of your money.

$0 opening fees

Pay no fees to open a high interest savings account.

Easy account management

Manage your money anywhere with our mobile banking app.

This account may suit people who:

  • Need some encouragement not to spend dip into their savings.
  • Can afford to save at least $250 a month.
  • Would benefit from a transaction account with smartphone pay.

Rates and fees

%
Interest rates
Up to
2.80%p.a. TOTAL VARIABLE RATE1
Base interest rate
(> $0)		 1.20% p.a.
Bonus interest rate
($0 > $500k)		 1.60% p.a.
Bonus interest rate
($500k+)		 Base rate only
$
Fees
$0 No monthly or
annual keeping fees
$0 Transaction account keeping fee when $1,000 is deposited each month (Otherwise $5 p/mth)
$0 Account opening fee
FREE Don’t pay ATM fees when you withdraw from your linked transaction account at any of the Big 4 Banks ATMs
See our full fee schedule

How to apply

What you’ll need to apply

1Proof of identity documents
Your Australian Drivers Licence or Australian Passport and Medicare Card.

2Contact details
Email address & phone number.

35 minutes of your time
Applying online takes only 5 minutes to complete.

Application process

1Get your documents together

2Complete the online application form
You can save and return to your application at any point.

3Count to three
We’ll call you regarding your approval within 3 days.

Chat with us

Whether it’s understanding terminology, you’re looking to apply or you have a question about your account we can help you with all your banking questions.

Speak with us today

Monday to Friday - 8.30am to 5.30pm AEST

Call 1300 790 740

Have us call you within 1 business day

Request a call back

How we make savings accounts easier for you

flexible

Flexible

We have options to suit you. Need the flex to withdraw or want to be rewarded to not touching your money? We have a competitive option for each.

ease

Ease

Easily manage your Australian Unity accounts on the go with a few taps in our mobile banking app.

mutual

Mutual

As a member-owned bank we focus on our customers, members and the community, not shareholder profit. So we focus on our personalised service and competitive rates when it comes to offering savings accounts.

experience

Experience

We’ve been helping people with their banking solutions for over 30 years and the Australian Unity Group has been around for over 175 years so we’ll be able to help you with your savings needs.

Compare savings accounts

Compare now

Important information

Fees and charges apply for all transaction, savings and deposit accounts, loans and credit cards which are issued by Australian Unity Bank Limited ABN 30 087 652 079 AFSL/Australian Credit Licence No. 237994. Please refer to Terms of Use before applying for any product.

Terms & Conditions

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the relevant terms and conditions (including Terms of Use), any Product Disclosure Statement (if applicable) and Financial Services Guide before acquiring any product.

1 Total ongoing variable interest rate for Active Saver includes a base variable interest rate of 1.20% p.a. plus a variable bonus interest rate of 1.60% p.a. To earn the bonus interest rate, each month you must deposit $250 or more from a linked Australian Unity Transaction Account (deposit excludes any interest earned in the Active Saver account) and not make any withdrawals throughout the month. Bonus interest rate is only payable on balances up to $500,000 (for individual and joint account). Only the base variable interest rate applies to balances over $500,000. Interest is calculated daily and paid monthly. The account is only available to new customers aged 14 or over (16 or over for online applications). Bonus interest rate offer is limited to 1 account per customer. Customers cannot open a new account within 90 days of closure of the same type of Australian Unity savings or transaction account. All information is correct as at 1 April 2019 and is subject to change. Refer to Fees and Charges for more details on fees applicable to the Australian Unity Transaction Account and the Active Saver Account.