Mozo Director, Kirsty Lamont said that one of the headline reasons the account was awarded a gong in the Regular Saver category was the 1.60% bonus rate on top of a competitive 1.20% standard interest rate to lead with 2.80%1.
“The Active Saver bonus rate is currently one of the most competitive on the market,” said Lamont.
“When you’re working towards a big overseas trip or a new car, these rates can seriously speed up the savings process and help you arrive at your savings goal sooner.”
The bonus rate is unlocked when Australian Unity customers make a minimum monthly deposit of $250 from a linked Australian Unity transaction account and no withdrawals in the month.
The Active Saver also comes with no monthly account keeping fees and a linked transaction account with a fee waiver when you deposit $1000 per month into it.
The other important factor with the Australian Unity Active Saver is that customers aren’t forced into strict conditions to earn the bonus interest rate, said Lamont.
“Committing $250 a month and keeping you savings stash untouched is a realistic condition and will earn you the bonus rate, but it’ll also keep you on track to hit your savings target,” she said.
Check out all of the details behind our award winning Active Saver, including what you’ll need to apply. You could be up and running in a matter of minutes.