Auswide Bank Everyday Basic Account
No conditions on the rate
A transaction account for Commonwealth of Australia concession card holders that pays interest
- Base rate up to
- 1.05%
- Introductory rate
- None
- Maximum balance
- None published
Rate a year, up to
Rates by balance
| Balance | Base rate |
|---|---|
| $0 to $2,000 | 0.00% |
| $2,000 to $50,000 | 0.75% |
| $50,000 and over | 1.05% |
Who can open it
- Age to open
- Any
- Maximum balance
- None published
Who it's for
- Must hold Centrelink Pension Card or letter from Centrelink.
- Commonwealth of Australia concession card holders.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
1.05%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
1.05%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- A lower rate. Up to 1.05%, below the typical 3.65%, so your savings grow more slowly than in many other accounts.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 1.05%
- Bonus conditions
- None
- Most it pays
- 1.00%
- Bonus conditions
- None
- Most it pays
- 1.00%
- Bonus conditions
- None
