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Compare our savings accounts
Explore and compare our savings accounts to help you reach your savings goals sooner
Why BankVic
Government guarantee
Deposits of up to $250,000 per account holder are protected by the Australian Government's Financial Claims Scheme.
Financial Claims Scheme
We’re a certified B Corp
As a B Corp, we meet the highest standards for how we serve our members, invest in the community, govern our business and care for our people and the environment.
Rates and fees
Read about our Savings rates and fees
- Bonus SaverInterest rate (% PA)Standard variable rate0.05%Bonus rate up to $5 million (1)4.75%Bonus rate $5 million plus0.01%
(1) Deposit $100 per calendar month, with no withdrawals and we'll reward you with bonus interest. Bonus interest rate is capped at a maximum balance of $5,000,000.
EasyInvestInterest Rate (% PA)Balances up to $5 million3.00%Balances $5 million plus0.01%Little Copper ClubInterest Rate (% PA)Variable rate3.95%Pension PlusInterest rate (% PA)Balances up to $51,8004.10%Balances $51,800 plus4.40%(1) Interest is calculated using the 'part' balance method on each balance amount that falls within the respective balance tier
Term DepositInterest Rate (% PA)3 months3.60%4 months4.00%5 months3.70%6 months4.80%7 months3.70%8 months3.70%9 months3.70%10 months3.70%11 months3.70%12 months4.60%18 months4.50%24 months4.00%36 months4.00%48 months4.00%60 months4.00%(1) Important advice on early withdrawals:
Please note that if an early withdrawal is required, an interest rate reduction will apply and you will receive a reduced amount of interest for the interest earning period, as set out in the Terms and Conditions.
12 Month IncomeInterest Rate (% PA)12 month fixed term4.55%(1) Important advice on early withdrawals:
Please note that if an early withdrawal is required, an interest rate reduction will apply and you will receive a reduced amount of interest for the interest earning period, as set out in the Terms and Conditions.
SMSF SaverInterest rate (% PA)Balances up to $5 million2.25%Balances $5 million plus0.01% - PAYMENT FEESFee TypesFeesBankVic dishonour charge$9Personal cheque book (25 pages)$10OTHER FEESFee TypesFeesTransaction archive search feeUp to $10Miscellaneous fee (1)$50 per transaction and $15 per quarter hourCompany search fee$25Express post fee$7.50
(1) Fee charged for services not otherwise provided in this guide
Account Deposits, Withdrawals and Payments
Transaction Limits
Description Withdrawal limit Osko - direct transfer in real time $2,000 per day Direct Transfer (funds will be available to payee within 3 working days)
Payments to new payees are secured through the use of a One Time Password. If you need to transfer an amount that exceeds the maximum daily limit, please contact us on 13 63 73.
$10,000 per day Combined daily transfer limit (Osko & Direct Transfer) $12,000 per day BPAY $10,000 per day Debit and Credit Cards (Digital Wallet/PayWave/Transfer) Available funds/credit limit ATM and EFTPOS $1,000 per day In branch 24 hours advance notice is required to withdraw $5,000 or more in cash Description Deposit limit Direct transfer in real time via OSKO Unlimited Direct transfer (available to payee within 3 working days) Unlimited Debit and Credit Cards ((Digital Wallet/PayWave/Transfer) Unlimited In branch Unlimited ATM or EFTPOS Not available for deposits Bank@Post Deposits of up to $9,999 per day in cash are accepted using a specially barcoded deposit book available from BankVic (a maximum of $20.00 in loose coin will be accepted). Bank@Post will not accept a deposit of $10,000 or more.
Ways to apply
Ways to apply for our savings products
Compare online
Compare and select from our range of products above.
Call on 13 63 73
Speak to one of our saving experts for your financial needs.
Visit us in branch
Find the branch closest to you
Get in touch
Terms and conditions
Important things you should know
Information on this page is general in nature and does not take into account your personal circumstances. You should consider whether it is appropriate for you before acquiring the product or service.
Fees and charges may apply. Interest rates are variable and subject to change. Information on our terms & conditions, interest rates and fees & charges are available on request.
We recommend that you read the following documents: