St George Power Saver
Editors Comments
No account fees and a high 6.00% interest rate with a min balance of $1 make the St George Power Saver a good option for individuals looking for a high interest low fee savings account.
PowerSaver + Variable promotional rate current as at 1 July 2010. If you open a new Power Saver account between 1 July 2010 and 30 September 2010 and you have not held a Power Saver account before 1 July 2010, you’ll receive a fixed tiered bonus rate on top of the standard tiered variable Power Saver rates during the Promotional Rate Period. The Promotional Rate Period runs for 4 months from the date your account is opened. For customers who reside in NSW, ACT, SA or NT the fixed bonus rate is a minimum of 2.40%p.a. For customers who reside in QLD, VIC, WA or TAS, the fixed bonus rate is a minimum of 1.55%p.a. After the end of the Promotional Period, the standard variable tiered Power Saver rates will apply. Although the Power Saver standard variable rates are subject to change (including during the Promotional Rate Period) the fixed bonus rates will not change during the Promotional Rate Period. However, the fixed bonus interest rate that applies to your Power Saver Account may change as your balance changes. For the interest rates on all balance tiers visit any St.George branch or stgeorge.com.au
Key Features:
- No Monthly Account Service Fee^
- Instant access to your savings via branch and ATM/EFTPOS^
- Earn a competitive rate of interest from the first dollar
- Unlimited fee free online and phone transactions
Additional Comments:
Regardless of the amount of a depositor's balance, a personal St. George Power Saver savings account is able to offer a high rate of interest the moment the first dollar is deposited in the account. It requires only one dollar to open and a minimum balance of one dollar after that.Money grows quickly in a high interest St. George Power Saver savings account because of the high promotional APR of up to 6.00% for the first four months and a competitive rate after that. The fact that there is no monthly service fee to maintain the account allows funds to build up quickly, unlike accounts that charge fees. Unlimited free phone and online transactions give depositors easy access to their money and encourage them to do their banking when and where they desire. Customers can also access their account funds via any St. George's branch and through ATM and point-of-sale transactions.
Terms & Conditions:
For full terms and conditons, please visit the st george website
