We are currently experiencing a delay in opening new savings accounts online, we will notify you via SMS once your new account has been opened.
Variable interest rate1
Minimum per month deposit
Interest is calculated based on the daily account balance2
No account keeping fees
The freedom to withdraw and add money as you please. No deposit or withdrawal restrictions.
Interest calculated daily and paid monthly to get the most out of your money.
Pay no fees to open and use this interest savings account.
Manage your money anywhere with our mobile banking app.
No monthly or annual fees
Account keeping fees
Account opening fee
You'll need to provide us with an Australian Drivers Licence or Australian Passport and Medicare Card as well as your name and email address.
The online application only takes 5 minutes to complete and you can save and return to your application at any point.
We’ll notify you once your new account has been opened and before you know it, you’ll be on your way to your savings goals.
1 Ongoing variable interest rate applicable to the Freedom Saver account is determined by the balance in the Freedom Saver account. The variable interest rate is applicable to the entire balance in the Freedom Saver account. The variable interest tiering structure applicable to this account is set out in the Schedule of Interest Rates – Transaction and Savings Accounts. 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. Freedom Saver accounts are required to have a linked Australian Unity Transaction account and all withdrawals must be made via the linked Transaction account. Interest only applies to balances up to $5M. Funds exceeding a $5M balance do not receive interest. The account is available to new customers aged 16 or over. 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 Freedom Saver Account.
Interest rates are current as at 24 November 2023 and are subject to change.
Our Target Market Determinations are available here.
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