St George Bank Direct Saver online savings account

Moneybuddy says

An online savings account from St.George with no fees to help maximise your savings, no minimum balance, easy access to your money 24/7, instant funds transfer to eligible St.George accounts, phone service and internet banking access. Interest is calculated daily. One way to DIY super. Interest rate of 5.75% p.a.

The Basics

Interest paid Monthly

Interest calculated Daily

Headline interest rate 5.75%

Monthly fee $0

Account type Savings

The cool stuff: features

ATM access No

EFTPOS access No

Branch access No

Online access Yes

Age restrictions Yes

Cheque book facility Yes

Debit card No

BPAY No

GiroPost No

Phone access Yes

The Facts & Figures

Balance less than $1k -

Balance less than $5k -

Balance less than $25k -

Balance greater than $100k -

Min. balance $0

Min. opening deposit $0

Number of free elect transactions per month -

The ugly stuff: fees

Other bank ATM fee -

EFTPOS transaction fee $0

Branch assistance fee -

* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.

St George Bank says

Earn a great variable rate with our Direct Saver account.

Open a Direct Saver online saving account today and enjoy a fixed bonus rate of 1.55%p.a. above the standard Direct Saver variable rate (4.20%p.a.), for 4 months when you open a Direct Saver account before 30 June 2010.A great variable rate of 5.75% p.a.*, Get easy access to your money 24 hours a day, 7 days a week#, Money Magazines's 'Best of the Best 2009' DIY Super Savings Account - making it perfect to manage your own super, No minimum balance.Hurry! This offer is available until 30 June 2010

Key features

A great variable rate of 5.75% p.a.*
Enjoy a fixed bonus rate of 1.55% p.a. above the standard Direct Saver variable rate (4.20% p.a.)
for 4 months when you open a Direct Saver account before 3 June 2010.
Eligible for Government Deposit Guarantee**
Interest calculated daily on your total balance and paid monthly
Pay no fees so each dollar you save is yours
Make saving simple with an automatic savings plan – arrange for regular deposits to be transferred from your nominated account

Pros

No fees
No minimum balance
Interest earned immediately
Access 24/7 online or by phone
Open up to 15 Direct Saver accounts linked to the same Nominated Account (to easily keep track of each of your savings goals)