Go to home

Summary

Before you get started, here’s a quick recap of what you’re applying for.

 

 

The  BankSA Incentive Saver account comes with a  Complete Freedom everyday account so you can easily transfer money in and out. We’ll only open a Complete Freedom account if you don't already have one.

To open you need to be at least 14 years old with an Australian residential address (under 14s apply in branch with a parent or guardian).

Incentive Saver

  • An account that rewards you for staying focused on saving
  • Up to 4.90% p.a. variable interest (1.60% p.a. variable base rate plus + 3.30% p.a. variable bonus rate)^
  • $0 Account-keeping fee and transaction fees
  • New Incentive Saver customers can earn an additional 0.10% p.a. on top of the variable bonus rate for the first 3 months when you open online
  • You’re at least 14 years old with an Australian residential address (under 14s apply in branch with a parent or guardian).

     
+

Complete Freedom (if you don't already have one)

  • An everyday account with a Visa Debit Card¹ to make deposits and withdrawals, payments online or on the BankSA Mobile App
  • $0 Account-keeping fee.

What kind of account do you need?

 

Are you already a BankSA customer?

What to have handy?

  • Your BankSA Internet Banking logon details.

Ready to get started?

Yes, continue


No, I want to look at something else

Important information
 

1. To be eligible for a Visa Debit Card, you must have an Australian residential address and be 14 years old or over.

^ Rate applies when your daily account balance remains between $0 - $249,999.99 for customers aged 21 years and over: grow your account by at least $50 a month excluding interest. For customers aged under 21 years (for joint accounts, both account holders must be under 21): grow your account by $0.01 a month excluding interest. Variable bonus interest rate may differ depending on account balance. View rates for balances above $250,000.