Checking & Savings

24/7 Access

Access your accounts anytime, from anywhere with our easy-to-use online banking platform.

Security

Your security is our top priority with multi-layer encryption and fraud prevention systems in place.

No Hidden Fees

Enjoy transparency with no hidden fees or charges – what you see is what you get.

Bank Flexible Saver

Whether you’re saving for a wedding, a new car, a once-in-a-lifetime holiday or maybe all 3, you can open as many Flexible Saver accounts as you have reasons to save.

Open an account

How much you save is up to you – you can put in a lump sum or save a little at a time.

Save a bit every month

You can choose to save by standing order, transferring a set amount into the account each month or by making a lump sum payment. There’s no maximum balance

Access your money instantly

This is an instant access account, so you can take out and transfer money whenever you need to, no notice required

Watch your money grow

You’ll earn interest on your savings – and, if you’re a Bank Advance customer, you’ll enjoy preferential rates that could help you save even more.

Manage your money anytime

Once opened, you can manage your account via telephone and online banking, the Bank US Mobile Banking app or in any of our branches

Key product information

How it works

Flexible Savers help you save for anything, in a way that suits you. You can start your Flexible Saver account easily, and pay in lump sums or set up a standing order to save a set amount each month.

It's an instant access account, so you can put in or take out money whenever you like. There are no charges for withdrawals.

You can open as many Flexible Saver accounts as you like – perhaps one for a wedding and another for a holiday.

You'll earn interest on your money and if you're a Bank Advance customer you are eligible for a preferential rate.

Unless you tell us otherwise, we will send you paper statements via the post. If you prefer, you can switch off your paper statements on Online Banking.

Summary box

Question	Answer
What is the account name?	Flexible Saver
What is the interest rate?	Standard Rate Interest rate on all balances: 0.05% AER/Gross Preferential rate Interest rate on all balances: 0.10% AER/Gross Standard Rates - all customers except Bank Advance and Bank Graduate customers. Preferential Rates - Bank Advance and Bank Advance Graduate customers only. Interest is calculated daily and credited to the account monthly.
Can Bank change the interest rate?	Yes, the interest rate is variable. We can change the interest rate on this account, in line with the account's Terms and Conditions.
What would the estimated balance be after 12 months based on a $1,000 deposit?	Standard rate Interest rate: 0.05% AER/Gross Balance at end of 12 months: $1,000.50 Preferential rate Interest rate: 0.10% AER/Gross Balance at end of 12 months: $1,001 For the purpose of this calculation, it is assumed:- Initial deposit of $1,000 No further deposits No change to the interest rate during the 12 months Projection provided for illustrative purposes only and does not take into account individual circumstances.
How do I open & manage my account?	Eligibility: Aged 16 years or over How to open the account: Open an account via Online Banking, Telephone Banking or in branch Minimum/Maximum Balance: A minimum of $1 must be deposited to open the account There is no maximum balance How to manage the account Once opened you can view your balance via Online Banking, Telephone Banking, the Bank US Mobile Banking App or in branch
Can I withdraw money?	Yes, you have instant access to your account. You can make as many fee free withdrawals as you like.
Additional Information	A 14 day cancellation period applies to this account. We do not deduct tax from any interest paid to you. Tax benefits depend on individual circumstances and could change in the future. Definitions AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded each year. Gross is the rate of interest if interest were paid and not compounded each year Rates correct as at 06.04.18

How It Works

Step 1: Choose between a checking or savings account.
Step 2: Fill out the online application form.
Step 3: Enjoy 24/7 access to your account via online banking.
Step 4: Start saving or managing your funds efficiently with our easy tools.

Benefits of Choosing Our Accounts

Attractive interest rates for savings accounts.
Zero maintenance fees on checking accounts.
Online and mobile access to your accounts anytime, anywhere.
Built-in fraud protection and security for your peace of mind.