Great Southern Bank Goal Saver
Bonus rate
For customers aged 18 to 24 years old. Receive bonus interest on balances up to $50,000 when you deposit $500 or more each month into your Everyday Edge Account from a non-Great Southern Bank account and make five or more Visa Debit Card purchases.
5.60%
a year, with bonus, up to
- Base rate up to
- 0.50%
- Introductory rate
- None
- Maximum balance
- None published
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| $0 to $50,000 | 0.50% | +5.10% | 5.60% |
| $50,000 and over | 0.50% | None | 0.50% |
Who can open it
- Age to open
- 18 to 24
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
5.60%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.50%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- A higher rate. Up to 5.60%, above the typical 3.65%. On $10,000 that's about $560 a year.
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- An age limit. Only for people up to 24.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 5.60%
- Bonus conditions
- Yes
- Most it pays
- 5.60%
- Bonus conditions
- None
- Most it pays
- 5.55%
- Bonus conditions
- None
