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  1. Savings Accounts
  2. Active Saver

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

Up to 1.00 %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 saving account may suit you if you:

  • Would like a single or joint savings account with no minimum opening and no maximum account balance.
  • Want to be rewarded with bonus interest for depositing money and making no withdrawals.
  • Can deposit at least $250 a month.
  • Would like a linked transaction account with features like smartphone payments using Apple Pay, Google Pay or Samsung Pay

Rates and fees

Interest rates
Up to
1.00%p.a. Total variable rate1
Base interest rate
(> $0)
0.01% p.a.
Bonus interest rate
($0 > $500,000)
0.99% p.a.
Bonus interest rate
Base rate only
$0 No monthly or
annual keeping fees
$0 Transaction account monthly account keeping fee
$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

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



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.



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



As a member-owned bank we focus on our customers, members and the community. We focus on your financial wellbeing through personalised service and competitive rates.



We’ve been helping people with their banking solutions for over 30 years and the Australian Unity Group has been around for 180 years so we’ll be able to help you with your savings needs.

Compare savings accounts

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. Australian Unity Bank Limited is covered by the Australian Government guarantee on deposits, for more information please view our page.

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.

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. Balances up to $500k are eligible to earn the bonus interest rate, however any balances above $500k will earn the base variable interest rate only. Interest is calculated on your daily account balance and credited to your account on the last calendar day of the month. A 'month' commences on the first calendar day of a month and concludes on the last calendar day of the same month. Active Saver accounts are required to have a linked Australian Unity Transaction account and all withdrawals must be made via the linked Transaction account. The account is available to new customers aged 16 or over. 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. Refer to Fees and Charges for more details on fees applicable to the Australian Unity Transaction Account and the Active Saver Account.

Our Target Market Determinations are available here.