Finty
Police Bank

Police Bank Bonus Saver Account

$0 monthly fee

Reach your goals faster with Police Bank’s Bonus Saver Account which rewards you for saving your hard earned money. Simply deposit a minimum of $100 a month with no withdrawals and you will receive a bonus interest rate on your savings.

Written byDavid Boyd
Overseas spending fee
Not published
Overseas ATM fee
Not published
Digital wallets
Apple, Google, Samsung

Monthly fee

Open account

Features

Debit card
Yes
Apple, Google or Samsung Pay
Apple Pay, Google Pay, Samsung Pay
PayID
Yes
Overdraft available
Not listed

Who can open it

Age to open
18 and over

Who it's for

  • Police Officers. Bonus Saver Account is only available to current Police Officers or a Retired Police Officer(s) who are a member of a Union that is associated with the Police Federation of Australia. This Includes NSW Police Association (including associate members), and the Australian Federal Police Association.

How it compares

Against the other everyday accounts we compare. Typical means the middle half of them.

Monthly fee

None

Most accounts that say charge none.

Pros and cons

Pros

  • No monthly fee. Keeping the account costs nothing, whatever you deposit.
  • Pays interest. 0.05% on your balance, which most everyday accounts don't.
  • PayID. People can pay you with your phone number or email instead of a BSB and account number.
  • Phone payments. Works with Apple Pay, Google Pay and Samsung Pay, so you can pay with your phone or watch.

Cons

Nothing stands out.

Similar accounts

Everyday accounts from other banks with similar fees.