Reward Saver account

Kick goals with your savings

This one is for the serious savers – those who deposit regularly and can keep from making withdrawals. If you fit the bill, you’ll be rewarded with not just peace of mind, but our highest interest rate.

Whether you’re saving for a house deposit, a dream holiday or an emergency fund, our Reward Saver account will help you get there.

Reward Saver

5.00% p.a.**

when you deposit $10 and make no withdrawals each month

Ready to start saving?

If you’re ready to kick-start your savings journey, open an account today to help make your savings dreams come true.

Already a Hume Bank customer? Open your new account today by logging in to iBank and selecting the ‘Products’ tab.

Why pick our Reward Saver account

With our Reward Saver account, you’ll be rewarded for your hard work and dedication to your financial goals. It’s the perfect way to make your money work harder, so you can reach your goals sooner.

Save on fees

We’ve said goodbye to account keeping fees2 to help keep your costs down.

Earn bonus interest

We reward great savers with a better rate when you deposit** at least $10 and make no withdrawals.

Flexible withdrawals

We’ll give you more control of your cash with two fee-free branch withdrawals every month.

Get more bang for your buck

This account is all about rewarding the serious savers. Stick to your savings goals and you’ll earn competitive interest on your savings, have access to online and mobile banking, and feel the security of knowing that your cash is safe.

Browse Features

Reward Saver account

$0 account keeping fees1
Bonus interest with no withdrawals and deposits of at least $10 each month**
No minimum opening balance
Two fee-free branch withdrawals per month
eStatements available
Eligible for linked account exemptions2
Fully featured iBank, Hume Bank App, and phone banking

The low-down on rates & fees


Interest rates

Account balanceRate typeInterest rate (p.a.)
$1+Base rate0.01%
$1+Bonus rate4.99%**
$1+Total (Base + Bonus)5.00%

Account fees

Fees apply after the fee-free quota of two transactions per month is exceeded.1, 3

Withdrawal - Cash at branch$2.00
Withdrawal - Bank cheque (at branch or via iBank)$5.00
Electronic external transfer at branch$2.00

Know the basics

We’ve said it once and we’ll say it again: saving doesn’t have to be hard. If you’ve been feeling overwhelmed, or would just like a bit of help, we’re here for you. Grab yourself a cuppa and explore some of our tools and guides.

Get the ball rolling

There are so many ways to start your savings journey with us. Reach out in person or on the phone – our team will be happy to help you make a move on your savings!

Choose an account to grow your savings

As you can see, no matter what stage of life you’re at, getting serious about saving means putting aside the old piggy bank.

Once you’ve got a sense of the features you’re looking for in a savings account, get out there and find your perfect match!

iSave account

3.00% p.a.*

interest on balances $1 or more

  • $0 monthly access fees
  • No minimum opening balance
  • Withdraw your money any time
  • No minimum monthly deposit
  • Open an account instantly online with iBank
  • Fully featured iBank, Hume Bank App, and phone banking

Reward Saver account

5.00% p.a.**

with $10 deposits and no withdrawals in a month

  • $0 account keeping fees
  • No minimum opening balance
  • Two fee-free branch withdrawals per month
  • eStatements available
  • Eligible for linked account fee exemptions
  • Fully featured iBank, Hume Bank App, and phone banking

Term deposit

5.00% p.a.***

12 months at maturity $1,000 and over

  • Competitive interest rate
  • Fixed interest payments
  • $0 set up fee
  • No monthly fees
  • Wide range of terms available
  • Government Guaranteed Deposit

Different strokes for different folks

It doesn’t matter who you are, what your savings goals are, or what stage of life you’re in. We’ll help you save bigger and earn better so you can reach your dreams – whatever they may be.

Things you should know

Rates, fees and charges and other information correct as at 19 July 2024 and may change without notice.

Terms, conditions, fees, charges and eligibility criteria apply.

Please read the Product Disclosure Statement and Fees & Charges and consider whether this product is right for you. Also available in branch or at 1300 004 863.

To view the Target Market Determination for this product go to Target Market Determinations.

Download a copy of our Personal account rates. Find out how to reduce your fees and charges.

Unapproved debit balances incur interest at 15.90% p.a. calculated daily on full closing balance and debited on the last calendar day of each month.

* Interest is calculated daily and paid monthly.

** Interest is calculated daily and paid monthly. Bonus interest is calculated daily and paid monthly provided that $10 or more was deposited and no withdrawals were made in the month. Deposits must be made by 5pm on the last day of the month to earn bonus interest.

*** Interest is calculated daily and paid on maturity.

1 Non-standard fees may apply – refer to ’non-standard fees and charges’ in our Fees & Charges Document for details.

2 The Reward Saver account is eligible for linked account exemption that may change the fees applicable.

3 The following are classified as transactions for the purposes of calculating the fee-free quota: cash withdrawals at a branch, Financial Institution or Member cheques, eftpos transactions (including telephone, internet and regular payments using a Visa debit card) and electronic external transfers at counter and transactions at some Foreign ATMs (ATMs not operated by Hume Bank).