Incentive Saver account features
Earn bonus interest every month you make at least one deposit and no withdrawals1
Competitive rates to make your money work harder
Bank on the go
Internet, mobile & phone banking
Why open an Incentive Saver account?
Get an incentive to save - with a bonus rate of interest every month you make at least one deposit and no withdrawals and maintain a minimum balance of $1 in the account during the calendar month. It’s the perfect encouragement to save.
$0 monthly account service fee
No minimum monthly balance required
Rates, fees & charges
What you should know about rates, fees and charges.
Frequently asked questions
Outstanding security for your savings
24/7 Fraud monitoring
Whether you're banking online or over the phone, BankSA safeguards your information and money with stringent security measures.
Fraud Money Back Guarantee
When using your corresponding debit card for online purchases, you'll be reimbursed for any losses due to unauthorised transactions, provided you report it to us promptly and haven't contributed to the loss3.
Get more from your Incentive Saver account
More ways to make your banking easier.
Know exactly how much money you have on hand, at a glance at your smartphone or watch.
The same high security as the other login methods, and it's backed by the same fraud protection4.
Bank conveniently & securely
Access your funds through your linked BankSA transaction account 24/7 through Mobile and Internet Banking.
Conditions and fees apply.
Before making a decision, it’s best to read the terms and conditions
- Transaction, Savings and Investment Accounts Banking Services Terms and Conditions and General Information
- Transaction, Savings and Investment Accounts - Fees and Charges and How to Minimise Them
- Interest rates
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. Includes bonus interest earned when you make at least one deposit and no withdrawals in the calendar month.
2. Payments under the FCS are subject to a limit for each depositor. For more information see the APRA website.
3. BankSA Fraud Money Back Guarantee ensures that customers will be reimbursed for any unauthorised transactions provided that the customer has not contributed to the loss and contacted BankSA promptly. Refer to the terms and conditions for full details, including when a customer will be liable.
4. Refer to the terms and conditions for full details, including when a customer will be liable.