Online Bonus Saver

Savings, with an extra reward from us.

Online Bonus Saver

When you have some extra cash to put aside each month, the Alliance Surge Bank Regular Saver is a great way to watch your balance grow. You can save up to $3,000 at an 2.75% interest rate that’s fixed for 12 months.

Earn bonus interest every month you don't make a withdrawal.

Start saving with just $1 That's all you need to open an account, to a maximum of $2,000,000. Please note that accounts are limited to one per customer

Get a higher rate on balances of up to $10,000 If you have more than $10,000 in your account, we pay a lower interest rate on the amount above that – see our interest rates.

How it works

Our Online Bonus Saver account gives you a variable rate of 0.40% AER/gross (including bonus interest) for any calendar month you don't make a withdrawal. You'll get a variable rate of 0.10% AER/gross in any calendar month you do make a withdrawal or close your account. You can open an Online Bonus Saver with $1 or more. If you have more than $10,000 in your account, interest is paid at a lower rate on balances above that amount

If you have a Alliance Surge Bank Premier, Alliance Surge Bank Advance, Bank Account, Bank Account Pay Monthly, or Graduate Bank Account you can 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
  • The maximum balance you can hold in the account is $2,000,000

How to manage the account

  • Once opened the account can be managed via Online Banking or the Alliance Surge Bank Mobile Banking App
  • Yes, you have instant access to your account. You can make as many fee free withdrawals as you like. However if you do make a withdrawal you will receive the standard rate of interest for that month
  • A 14 day cancellation period applies to this account.
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