St.George Maxi Saver

Moneybuddy says

The Maxi Saver is an online savings account from St.George with no fees to help maximise your savings. The Maxi Saver has 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. Apply now to get a limited offer of 5.70% p.a introductory variable rate for 3 months in NSW, ACT, SA & NT. The introductory rate for 3 months in QLD, VIC, WA & TAS is 5.75% p.a. After the introductory period the St.George Maxi Saver reverts to the standard variable rate which is currently 4.30% p.a.

The Basics

Interest paid Monthly

Interest calculated Daily

Headline interest rate p.a. 5.70%

Monthly fee $0

Account type Savings

The cool stuff: features

ATM access No

EFTPOS access No

Branch access Yes

Internet Banking Yes

Age restrictions Yes

Cheque book facility No

Debit card No

BPAY No

GiroPost No

Phone access Yes

The Facts & Figures

Balance less than $1k (p.a.) 5.70%

Balance less than $5k (p.a.) 5.70%

Balance less than $25k (p.a.) 5.70%

Balance greater than $100k (p.a.) 5.70%

Min. balance $0

Min. opening deposit -

Number of free elect transactions per month -

The ugly stuff: fees

Other bank ATM fee -

EFTPOS transaction fee -

Branch assistance fee $2.50

* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. Money Buddy earns a referral fee in the form of a commission payment per successful application from redirecting website users to St.George's website. Website users have no obligation to apply for a product or service that they may be referred to by this website.

St.George says

Earn a great variable rate with our Maxi Saver savings account. Get easy access to your money in branch and 24 hours a day, 7 days a week via phone and internet banking. No minimum balance. Grow your savings faster with a fixed bonus rate of 1.40% p.a. on top of the current standard variable rate of 4.30% p.a. Available to new Maxi Saver customers for 3 months on new accounts opened.

Key features

A decent variable rate
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 account fees
No minimum balance
Interest earned immediately
Access 24/7 online or by phone
Choose to access your account through Mobile Banking on your iPhone, Android or Blackberry
Bonus introductory interest rate for 3 months