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).
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
|
+
Complete Freedom (if you don't already have one)
|
What kind of account do you need?
Single
Joint
Are you already a BankSA customer?
Yes
No
What to have handy?
- Your BankSA Internet Banking logon details.
By continuing you agree:
To begin, you acknowledge:
- You have read our Privacy Statement which explains how we collect, use and disclose your personal information, including marketing communications which we send to you.
- You have read our Financial Services Guide and Credit Guide (PDF 194KB) which provides important information on the financial services and products we offer as a financial services licensee.
By opening the account, you agree:
- To the Transactions and Savings/Investments Terms and Conditions (PDF 860KB) and the Terms and Conditions for Internet Banking and Phone Banking (PDF 928KB) that apply to the products and services you are applying for.
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, you will receive account statements in paper form.
- To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.
Ready to get started?
What to have handy?
Your mobile
A secure code will be sent to your mobile to verify your phone number.
Two of these ID documents
- Passport
- Medicare card
- Australian driver licence
- Australian birth certificate
If your details are entered incorrectly or we’re unable to identify you, your application will need to be completed in branch.
If you’re Aboriginal or Torres Strait Islander and don't have the required documents, call our Indigenous Call Centre on 1800 061 548, 9am – 6.30pm ACST or visit your nearest branch.
Tax details
- Foreign tax information. Only applicable if you’re liable to pay tax in another country
- Your Tax File Number (TFN). Providing this isn’t compulsory, however if you don’t provide it or provide a TFN exemption reason, tax may be withheld on the interest earned on the account.
By continuing you agree:
To begin, you acknowledge:
- You have read our Privacy Statement which explains how we collect, use and disclose your personal information, including marketing communications which we send to you.
- You have read our Financial Services Guide and Credit Guide (PDF 194KB) which provides important information on the financial services and products we offer as a financial services licensee.
By opening the account, you agree:
- To the Transactions and Savings/Investments Terms and Conditions (PDF 860KB) and the Terms and Conditions for Internet Banking and Phone Banking (PDF 928KB) that apply to the products and services you are applying for.
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, you will receive account statements in paper form.
- To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.
Ready to get started?
Are both applicants already BankSA customers?
Yes
No
Complete your application in branch or over the phone
To open your joint account:
- Phone, with both applicants on the call. 13 13 76, 8am – 8pm (Sydney Time) Monday to Friday (excluding public holidays), or +61 2 9155 7850 from overseas
- Visit a branch, with both applicants attending. To ensure we’re best prepared to help you, please call the branch first to make an appointment. Find nearest branch
If you’re Aboriginal or Torres Strait Islander and don't have the required documents, call our Indigenous Call Centre on 1800 061 548, 9am – 6.30pm ACST or visit your nearest branch.
Complete your application in branch together
To open your joint account, you’ll need to visit a BankSA branch together.
Please make sure you bring:
- Your tax details. We’ll need your Tax File Number (TFN) and if you’re a foreign tax resident, we’ll also need your tax residency details
- Suitable ID. You’ll both need to be verified separately.
You can use our BankSA Identification Checklist (PDF 1MB) to work out which documents you’ll need for your situation.
To ensure we’re best prepared to help you, please call the branch first to make an appointment.
If you’re Aboriginal or Torres Strait Islander and don't have the required documents, call our Indigenous Call Centre on 1800 061 548, 9am – 6.30pm ACST or visit your nearest branch.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.