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Incentive Saver Account

Save and be rewarded with bonus interest

The Incentive Saver Account rewards you for sticking to your savings plan. Simply make one deposit and no withdrawals each month and you’ll earn a bonus rate of interest on your funds, so your savings grow faster.

  • Bonus interest rate gives you an incentive to save
  • Reach your savings goals faster with no account service fees
  • Teach children the value of saving with this great starter account
St.George deposit products are covered by the Australian Government Deposit Guarantee***
Features
Key features
  • Convenient access to your money
  • Minimum opening balance of $1
  • No monthly account service fee
  • Free direct credits and automatic savings plan
  • Suitable for all ages
Statements
  • Issued quarterly
  • Mini transaction history available at any St.George ATM#
  • View transactions online with Internet Banking at any time
  • View / print your Financial year’s interest summary with Internet Banking
Interest
  • Calculated daily, paid monthly
  • Bonus interest paid monthly when you make at least one deposit and no withdrawals per month
Access
Account access
  • Instant and unlimited access to your funds via St.George Branches, ATMs, Cheques, EFTPOS, Internet and Phone Banking, BPAY® and Bank@Post™
  • Convenient and secure 24/7 access to Internet and Phone Banking*
  • Automate deposits with direct credits (for regular saving or investment income)
Fees
Account service fee
  • No monthly account service fee
Transaction fees
  • 1 free monthly withdrawal
How to apply
Apply online
Call us
  • Apply over the phone on 13 33 30, 8am - 9pm (AEST), 7 days a week
Visit a branch
Requirements

Important information

Before deciding to acquire or continue to hold a product, you should read the Terms and Conditions and ensure the product is appropriate. The governing Terms and Conditions documents for Savings & Investment Accounts includes the Transaction, Savings & Investment Accounts Banking Services Terms and Conditions & General Information, Fees & Charges and How to Minimise Them and interest rates for NSW, ACT, SA & NT, interest rates for VIC, QLD, WA & TAS. The Terms and Conditions are important and we encourage you to view, save and/or print this document. If you would like a paper copy of the booklet, please visit your local branch or request one by post.

Any advice on this website is prepared without consideration of your personal objectives, financial situation or needs. Before acting on this advice, you should consider if it is appropriate for you.

# Charged per transaction regardless of transaction allowance.
* Subject to systems availability and maintenance.
*** Conditions Apply

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