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DIY Super Saver

A competitive interest online investment account for Self Managed Super Funds

  • Access and manage your funds via Internet banking and Phone Banking through your eligible BankSA working account 24/71
  • Earn competitive interest on every dollar2.
  • Make savings simple by setting up a regular transfer from your eligible working account using scheduled payments within Internet banking
  • No minimum monthly balance or deposit required, making it easy for you to start saving.
  • No monthly service fee.2
  • Access your funds via Branch if required2

Competitive variable interest online account

  • DIY Super Saver customers earn p.a.

Save on Fees

  • No monthly account service fees2

Invest your super cash

  • Ideal investment account for Self Managed Superannuation Funds / DIY Superannuation

Easy Access

Save Faster

  • Make savings simple by setting up a regular transfer from your eligible working account using scheduled payments within Internet banking

Compare

DIY Super Saver – a perfect online cash investment account for your SMSF

Cash in DIY Super Fund / Self Managed Super Fund (SMSF) must be held in an account separate from the trustee’s personal cash accounts.

With DIY Super Saver, your Funds earn a high interest rate with no Super Saver bank fees..3 Plus you get convenient access 24/7 via Internet Banking and Phone Banking1.

DIY Super - How it works

Streamline your SMSF reporting with easy access to statements

Paper statements eStatements Yearly interest summary
Posted to you every 6 months Choose eStatements to view, print and save up to 2 years of statements online View and print your Financial year interest summary via Internet Banking
Fees
Monthly account service fee $0
Number of free withdrawals per month N/A
Transaction fees for everyday banking - Where a relevant Free monthly withdrawal allowance applies, these transaction fees are payable per transaction after the allowance has been exceeded.
Internet Banking transactions Free
Phone Banking transactions Free
BankSA / Bank of Melbourne / St.George / Westpac ATMs (in Australia) N/A
Electronic agency N/A
Staff assisted $2.50
Bank@PostTM N/A
EFTPOS N/A
Cheque N/A
Transaction fees - Free monthly withdrawal allowances do not apply to these fees
Direct Debit N/A
Periodical Payment N/A
Overseas Cash Withdrawal (including overseas ATM withdrawal) N/A
BankSA / Bank of Melbourne / St.George / ATM Mini transaction history request N/A
Frequent Statement(per month) $2.00
Foreign Currency conversion 3.0%
Collection item Free
Balance Interest Rate
Balances up to $5,000,000.00  p.a.
On the portion of the balance over $5,000,000.00  p.a.

 

Apply Now

Apply Now. It takes just 10 minutes!

Call us

13 13 76, Monday to Saturday and say “New account” when prompted

Are you eligible/What you’ll need

You are eligible for a DIY Super Saver account online if you are a trustee of a Self Managed Super Fund that complies with the SIS legislation and there are no more than two trustees.

Tips

  • If you aren’t an existing BankSA customer, you’ll need to confirm your identity
  • Compare with our Investment Cash Account
  • For non-personal customers only. This account is suitable as a cash investment account for Self Managed Super Funds
  • Personal customers can open a Maxi Saver Account.

Important Information

Conditions and fees apply.

Before making a decision, it’s best to read the terms and conditions.

Please read these documents and keep a copy. You can request a paper copy at a branch.

The advice on our website is prepared without knowing your personal financial circumstances. Before you act on this or any advice, please consider if it’s right for you. If you need help, call 13 13 76.

1 Subject to system availability.
2 DIY Super Saver has no monthly account service fee but other fees and charges apply, including for branch access. To hold a DIY Super Saver account you must also hold an eligible BankSA working account in the same account name(s) as your DIY Super Saver account. Fees and charges may be payable on your eligible working account.