Learn more about the Reward Saver Account...
The IMB Reward Saver Account is the ideal account to help you save for something special. It rewards you with bonus interest when you deposit as little as $50 a month and make no withdrawals during the month, so your savings can grow faster. Plus there are no monthly account keeping fees.
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Earn bonus interest by saving as little as $50 a month with no withdrawals1
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No monthly account keeping fees2
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Access to real time payments through Osko®
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Set up automatic transfers from your Everyday Account
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Personalise your account name (e.g. ‘Holiday Savings’)
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Interest Rates
^ Rates current as at date of appearance and subject to change. A different rate applies to the portion of the balance in each tier. Interest rates are subject to change without notice. Interest on all deposits is calculated on the daily balance at a daily rate equivalent to the annual rate divided by 365. To earn bonus interest the account holder must make a minimum $50 deposit and no withdrawals per month. If bonus interest criteria are not met for the calendar month, both the Standard Variable Bonus Interest and Introductory Fixed Bonus Interest Rate are forfeited. Introductory Fixed Bonus Interest Rate is payable for the first 4 interest payments for new accounts opened from 1st September 2023, for new or existing Members who have not held a Reward Saver account before.
Fees, Charges and Limits
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Important Information:
1. To earn bonus interest the account holder must make a minimum $50 deposit and no withdrawals per month. If bonus interest criteria are not met for the calendar month, both the Standard Variable Bonus Interest and Introductory Fixed Bonus Interest Rate are forfeited. Introductory Fixed Bonus Interest Rate is payable for the first 4 interest payments for new accounts opened from 1st September 2023, for new or existing Members who have not held a Reward Saver account before.
2. Transaction fees and other charges apply.
Interest rates are subject to change without notice. A different rate applies to the portion of the balance in each tier. Interest on all deposits is calculated on the daily balance at a daily rate equivalent to the annual rate divided by 365.
This advice is general advice only and does not take into account your objectives, financial situation or needs. You should consider the Product Disclosure Statement available from IMB before making a decision about this product. ® Osko and logo is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518. Target Market Determination, available here.