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Essential Workers: Target Saver Account up to 5.5% p.a. Interest on Balance (Monthly $1,000 Min Deposit, No Withdrawal) @ Hiver

samwaldo 7364 Posts 7364 Karma
samwaldo posted this 10 February 2024

Earn up to 5.50%p.a. variable interest2
5.49%p.a. variable bonus rate, 0.01%p.a variable base rate

No maximum deposit limits ^^ (Deposits over $5,000,000 are subject to acceptance at the bank’s discretion)
$0 monthly account fees

To qualify for your bonus interest, all you have to do each month is:

  • Deposit a minimum of $1000
  • Make no withdrawals
  • Keep a positive balance in your account at all times

Backed by gov guarantee 250k. You prob have an account hanging around from the expired 5% cashback deal, I know I did.

Step aside ING and your 100k limit. 50% of ozbargainers will have to contact hiver to get their 5mil deposits approved.

https://hiver.bank/products/target-saver/

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