Savings Accounts
Online Supersaver
Enjoy a higher interest rate without locking-in your funds complete with easy transfers for instant access. Interest is calculated daily and paid quarterly. With no minimum balance requirements, no minimum deposit restrictions and no fixed term requirements.
Savings Plus
The Savings Plus Account has a built-in incentive to help you grow your savings – a completely tiered interest rate that increases as your savings balance grows.
Retirement Plus
An account designed for pensioners and retirees. The Border Bank Retirement Plus account specially designed for retirees with a flat rate of interest which provides security and peace of mind while your savings grow.
Market Linked
With a balance of as little as $5,000, you can earn interest at money market rates with our Market Linked Account. Unlike a term deposit, your money is available for withdrawal after just seven days – and providing you keep a minimum balance of $5,000, you can make withdrawals at any time.
Edvest RediFund Plus
The Redifund Plus is account is similar to the Market Linked Account. With a balance of as little as $5,000, you can earn interest at money market rates. Unlike a term deposit, your money is available for withdrawal after just seven days – and providing you keep a minimum balance of $5,000, you can make withdrawals at any time. The Redifund Plus pays a bonus 0.25% p.a. above the Market Linked rate and is Only available to Edvest Members.
Mortgage Offset
If you have a Premium Variable Home Loan or Customs Value Home Loan then the Mortgage Offset account is a ‘must have’ facility. It offsets 100% of the savings balance against your home loan before the loan interest is calculated. This reduces the amount of interest you pay and could shorten the term of your home loan by many years.
Your savings are not locked up in the Mortgage Offset Account, therefore allowing access to your cash at anytime. However, the more you keep in your Mortgage Offset Account, the more you save in interest and the shorter the home loan term.
Bonus Saver
Reach your goals faster with Border Bank’s Bonus Saver Account which rewards you for saving your hard earned money! Simply deposit a minimum of $100 a month with no withdrawals and you will receive a bonus interest rate on your savings!
