Super Saver
How to earn bonus interest
Deposit $100 or more
Increase your net balance by $100 or more in a calendar month.2
Keep total balance below $150,000
Net balance must be less than $150,000 at the end of each month.2
Unlock 4.95% interest
Congratulations! You are eligible for bonus interest.2
Supercharge your savings
The Super Saver keeps things simple. Easy to open, easy to manage and built to help you get ahead, one pay cycle at a time.
Features and benefits
- No minimum initial deposit
- Unlimited withdrawals
- Receive a transactional account with $0 monthly account fees
- Transfers from Super Saver account are limited to a linked transaction account³
Super Saver rates and fees
Interest is calculated on the whole balance which falls within each tier of the applicable rate. Subject to eligibility criteria.
This promotional rate is available to employees of Health partners. Terms and conditions apply.
Rates
| Base rate (p.a.)2 | Bonus rate (p.a.)2 | Total interest rate (p.a.)2 |
|---|---|---|---|
$0 - $149,999 | 3.30% | 1.65% | 4.95% |
$150,000 and over | 3.30% | 0.00% | 3.30% |
Fees
One-off fees |
|
|---|---|
Account keeping fee | $0 |
Transaction fees1 | $0 |
Ongoing fees |
|
|---|---|
Annual fee | $0 |
Put it on autopilot
By depositing your pay straight into your savings account, you can automatically split your money into save and spend goals, earn interest every month, and stay on track – all without extra effort.
Super Saver Interest Rates effective 1 March 2026.
Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.
The Super Saver account is intended for employees of approved Bank First partners. Bank First does not verify employment as a condition of eligibility. The approved partners are determined by Bank First and may vary from time to time.
Deposits are protected by the Australian Government’s Financial Claims Scheme (FCS), which guarantees up to a copy of $250,000 per account holder deposit.
Bank First may, at its discretion, vary, suspend or discontinue offering the Super Saver account to new applicants at any time. Any changes affecting existing accountholders will be subject to applicable terms, conditions and notice requirements.
Other fees and charges may apply.
Bonus interest additional to the base rate is earned when the Super Saver account net balance increases by a minimum of $100 (excluding interest earned) per calendar month and the account balance does not exceed $149,999.99. Net balance growth must occur before close of business on the last business day of the month. Bonus interest will not be paid if the funds are received late due to processing times. When the balance reaches $150,000 and over or when the bonus interest criteria has not been met, the base rate will be applied to the entire balance.
Transfers from the Super Saver account are limited to a linked Everyday Transaction account. The linked Everyday Transaction account needs to be in the same name/s as the Super Saver account. Limit of 3 Super Saver accounts per account holder.
A valid promotion code must be entered at the time of application. Applications submitted without a valid promotion code will not be accepted.