B
2.05%
p.a.
7.7
Good
- Product
- High-Interest Savings
- Issuer
- Bank of Melbourne
- Term
- At call
- Min deposit
- $50,000
- Max deposit
- $249,999
- Interest paid
- At maturity
- Monthly fee
- $0
- Govt guarantee
- Yes — up to $250k
Pros
- Up to 2.05% p.a. variable
- No lock-in, withdraw your money any time
- Government guaranteed up to $250,000
- No monthly account-keeping fees
Cons
- Variable rate, can change at any time
Overview
This account pays up to 2.05% p.a. variable, with interest paid at maturity. Your money stays accessible, there's no lock-in. Deposits are covered by the Government's Financial Claims Scheme up to $250,000 per person.
Who it suits
Savers who want a competitive return while keeping easy access to their cash.
Things to check
The rate is variable and can change at any time.
Rates, fees and product details are indicative, were accurate at the last update, and are subject to change. Confirm the current rate, terms and eligibility with the provider before applying.