Finty
Unity Bank

Unity Bank Bonus Saver Account

Bonus rate

Earn bonus interest on your savings if you deposit a minimum of $100 each month, make no withdrawals or transfers in the month, and do not close the account during the month.

Base rate up to
0.10%
Introductory rate
None
Maximum balance
None published

Rate with bonus, up to

Open account

Rates by balance

BalanceBase rateBonusTotal
Any balance0.10%+4.50%4.60%

How to earn the bonus

All deposits made to the account receive interest on the balance together with a bonus interest, if these conditions are met: no withdrawals or transfers are made in the month, account not closed during the month and minimum $100 deposit each month by cash, cheque, payroll credit or direct credit.

Who can open it

Age to open
Any
Maximum balance
None published

How it compares

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

Most it pays

4.60%

At its best balance, with any bonus. Typical is 3.65%.

Base rate

0.10%

What it pays without a bonus. Typical is 2.40%.

Pros and cons

Pros

Nothing stands out.

Cons

  • A low base rate. Only 0.10% in any month you miss the bonus conditions.
  • Conditions for the bonus. You need to meet them every month, or you earn only the base rate.

Similar savings accounts

Savings accounts from other banks that pay a similar rate at their best.