Finty

Woolworths Team Bank Netplus

No conditions on the rate

A savings account from Woolworths Team Bank, paying up to 2.00% a year.

Written byDavid Boyd
Base rate up to
2.00%
Introductory rate
None
Maximum balance
None published

Rate a year, up to

Open account

Rates by balance

BalanceBase rate
Any balance2.00%

Who can open it

Age to open
Any
Maximum balance
None published

Who it's for

  • Membership is open to team members of Woolworths and Endeavour Groups, their immediate family members, and those with an affinity to Woolworths Group.

How it compares

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

Most it pays

2.00%

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

Base rate

2.00%

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 2.00%, 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.