image background

Student Bonus Saver

Our bonus saver account for young adults up to 17 years or full time students up to 25 years of age.

Student Bonus Saver

Student Bonus Saver

The Student Bonus Saver account (S25) is designed for young adults up to 17 years of age or full time students up to 25 years of age requiring a savings-focussed account.

It offers an attractive base interest rate higher than most savings accounts. You are also able to earn bonus interest rates on your savings by depositing a minimum of $50 with no withdrawals each month.

Importantly, the account is transaction fee-free to help stretch student budgets a little bit further.

Students looking for a high interest transaction account may also like to open a Student Transaction account (S15).


Account Freatures

  • Attractive base interest rate.
  • Additional 1.50% interest earned by making a minimum monthly deposit of $50 and making no withdrawals in the month.*
  • Over-the-counter access.
  • Access to WAW Internet Banking.
  • Access to online eStatements.
  • BPAY facilities available.
  • Direct crediting of regular income (quote BSB: 803 070).
  • 24 hour WAW Phone Banking.
  • Funds are at-call with no minimum balance restrictions.
  • Over-the-counter cash withdrawals up to $1,000 per day. Amounts in excess of this require 24 hours notice.
  • Periodic Payments and Direct Debits.
  • Direct Credits.

* Interest paid on full account balance.
$0.01 and over 0.50% p.a.
*Bonus rate 2.00% p.a.

*Bonus rate is the base interest of 0.50% plus an additional 1.50% interest and is reached by making a minimum monthly deposit of $50 and no withdrawals on this account in the calendar month. 

Download our Deposit Interest Rate Schedule here

This is a transaction-fee-free account. Non-transaction charges may be incurred for specific account service requests.

Download our Transaction Fees and Charges Schedule here

How To Apply

If you are interested in opening this savings account please fill out our online enquiry form and one of our dedicated accounts staff will contact you. We will need your name, contact details and the product you are interested in taking out, we can help you do the rest. 

Alternatively, you can contact us on 1300 368 555 and ask to speak to one of our savings account specialists.

Enquire Now