QBANK Bonus Saver
Bonus rate
Be rewarded with bonus interest for regular saving
- Base rate up to
- 0.01%
- Introductory rate
- None
- Maximum balance
- None published
Rate with bonus, up to
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| $0 to $1,000,000 | 0.01% | +5.19% | 5.20% |
| $1,000,000 and over | 0.01% | None | 0.01% |
Who can open it
- Age to open
- Any
- Maximum balance
- None published
Who it's for
- You must be a member. Membership is open to current or former employees of police, ambulance, firies, health workers, emergency services, correctional services and government employees as well as their family members.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
5.20%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.01%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- A higher rate. Up to 5.20%, above the typical 3.65%. On $10,000 that's about $520 a year.
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- A low base rate. Only 0.01% in any month you miss the bonus conditions.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 5.20%
- Bonus conditions
- Yes
- Most it pays
- 5.20%
- Bonus conditions
- Yes
- Most it pays
- 5.25%
- Bonus conditions
- None
