Access Account
If you still prefer a mixture of cash and card use, our Access Account is the great all-rounder.
Get the right account
As we grow, we need different accounts for each stage of our life to suit our changing needs. You wouldn't wear one set of shoes your whole life, would you?
I want convenient banking
We all need that one account that we can open, use every day and not have to think about.
Whether it’s to start a new job, or just for your weekly essentials – you need a no-frills account and convenient access to your money.
The Greater Bank Access Account may be perfect for you – no account keeping-fees and low transaction fees.
You also don't have to worry about depositing a certain amount of money each month, letting you enjoy the convenience of your account without any of the hassle.
Access Account Features
No monthly account-keeping fees.^
Allows you to manage your money your way, whether you prefer using cash or card. (Transaction fees* may apply – see our Access Savings Product Schedule for all the details).
Osko® and PayID® – set up your PayID to send and receive payments in seconds thanks to Osko by BPAY® .
I want to avoid bank fees
If you prefer to do all of your banking out of one account, you don’t want your money being eaten away by fees.
Making frequent transactions shouldn’t cost you the earth.
The Greater Bank Ultimate Access Account could be just what you need – no transaction fees when you deposit at least $2,000 a month into the account.
So, just by using this account for your salary, you can make as many transactions as you please.
Ultimate Access Account
Not to brag, but if you prefer to go cashless and shop using your card, the clue’s in the name here.
Ultimate Access Account Features
No transaction fees – say goodbye to transaction fees simply by depositing $2,000 into your account each month.
Osko and PayID – set up your PayID to send and receive payments in seconds thanks to Osko by BPAY .
Pay your way – set up your Digital Wallet to make purchases using Apple Pay and Google Wallet.
I want a retirement account
If you’re retired or nearing retirement age, you’ll understand the importance of great value.
You still need an account flexible enough to let you make your everyday purchases, but you want to make your money work as hard as possible.
If you want an account that works as hard as you have, the Greater Bank Retirement Plus account could be just what you need.
Part everyday and part savings account, this account lets you access your money whenever you need it, but also earns interest.
Unlike other savings accounts, withdrawing money won't compromise your interest, so you're able to enjoy this new stage in your life with your account backing you up.
Retirement Plus
Interest rate
2.40
%
p.a.
For portions of your balance above $100,000.00. Calculated daily, paid monthly
Our Retirement Plus rewards you with higher interest dependent on your balance, while still giving you convenient access to your money.
Retirement Plus Account Features
For customers 55 and over, Retirement Plus is part everyday account, part savings account.
Higher interest rate paid on your balance - the more you keep in the account, the higher the interest rate you’ll earn. Interest is calculated daily, paid monthly.
No monthly account-keeping fees.^
Access to over 10,000 free ATMs – including Greater Bank ATMs as well as those of the major banks.
Access to the VISA Network – your account comes with a Visa Debit Card. Compatible with Visa payWave and the advantage of VISA’s 24/7 fraud monitoring.
I want to earn higher interest
If you’re at a stage of life where you’re saving for something big, you know that every dollar counts.
Housing deposits, new cars, weddings and holidays – these things aren’t cheap!
So if you’re working towards a savings goal, why not check out our Bonus Saver Account, which rewards good habits.
We pay you a great interest rate for making multiple deposits each month and no withdrawals. If you're under 25 our Life Saver Account is also great for this purpose.
Bonus Saver
Bonus interest
4.00
%
p.a.
Calculated daily, paid monthly
Bonus Saver rewards you for your good saving habits. Just make at least one deposit in a calendar month, and no withdrawals to be rewarded with bonus interest. Too easy.
Bonus Saver Features
Earn bonus interest on your savings by making at least one deposit and no withdrawals in a calendar month.
Option to link your Bonus Saver to an Everyday account.
Manage your money 24/7 – access your money whenever you need to, wherever you are via Online Banking or our Mobile App.
No monthly account-keeping fees or transaction fees.^
I have money to invest
Firstly, good for you!
Secondly, if you’ve got a sum of money lying around, you know that idle hands are the devil’s work.
If you want to put your money to work, you should consider a Term Investment.
Investing with Greater Bank offers a competitive interest rate, and as all deposits up to a total of $250,000 per NGM customer are government-guaranteed, you can invest with confidence.
Greater Bank also offers flexible terms, meaning you can choose how long you want to invest for and when your interest gets paid out.
If you're new to investing, you can invest your money for as little as a month or two.
If you feel like jumping in the deep end, you can invest for as long as five years.
Term Deposits
Interest rate
4.75
%
p.a.
6 months - $5,000 and over - Interest on maturity
Saving on your terms. Choose a duration that suits you and lock a portion of your savings away to earn a higher rate of interest. Great if you’re saving for that long term goal like a new home, holiday, a car, helping out your kids or planning for retirement.
Term Deposit Features
Lock in an interest rate and term to invest part of your savings, knowing what your return will be.
Can be opened with as little as $1,000.
Deposits up to $250,000 per account holder per authorised deposit-taking institution (ADI)~ are guaranteed under the Australian Government’s Financial Claims Scheme.
Flexible term lengths to suit your needs – from one month to five years.
I want a kids account
Parents will know that it’s important to set a good example for your children in all aspects of life.
Teaching them the value of money is no different.
Getting the right account will allow your child to begin saving their pocket money and learn about how money works.
Our Life Saver account gives your little one a place to put their pocket money and pays high interest when their balance grows each month, while not charging any account-keeping fees.
When a Life Saver is opened with a linked Access Account and monthly interest is earned on the Life Saver account, your kids can enjoy everyday banking free of transaction fees as well.
Unlike their clothes, this account grows with them.
While they'll need a helping hand at first, once they're old enough you can pass on the reigns and let them manage their account.
They'll still enjoy the benefits of their account until they turn 25, and you can rest easy knowing you've given them a great start.
Life Saver
Interest rate
4.75
%
p.a.
Calculated daily, paid monthly
Fair-go banking for those under 25. Our Life Saver is the account that grows with you, rewarding you with a competitive interest rate when you make at least one deposit per month. By opening a Life Saver under the age of 25, you can continue to use it for life.
Life Saver Account Features
Kick start your savings – make sure your balance grows each month to be rewarded with interest.
Life Saver features no monthly account keeping or transaction fees.^
Life Saver is the account that grows with you. Once you turn 25, as long as you keep growing your balance, you’ll continue to enjoy the features of the account for life.
^ Other fees and charges may apply. Refer to the relevant Product Schedule for further information.
* Transaction fees may apply if the fee allowance is exceeded. Other fees and charges may apply. See the Access Product Schedule for full terms, conditions, fees and charges.
Any advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the product is suitable for you and your personal circumstances.
Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273
We calculate interest by applying the daily percentage rate to the different portions of your daily balance as set out in the above tiers. Interest is calculated daily and is paid six-monthly on 30 June and 31 December. These rates are current as at the Effective Date and are subject to change by Greater Bank without further notice. Conditions apply. Please read the Access Savings Account Product Schedule and the Banking General Terms and Conditions for more information.
Android and Google Pay are trademarks of Google LLC. Read the Google Pay Terms and Conditions.
PayID is a registered trademark of NPP Australia Limited. Osko by BPAY and BPAY are registered to BPAY Pty Ltd ABN 69 079 137 518. You should review the relevant payment facility terms and conditions available on our website before deciding whether a service is appropriate for your personal circumstances.
^ Other fees and charges may apply. Refer to the relevant Product Schedule for further information.
Any advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the product is suitable for you and your personal circumstances.
Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273
No transactions fee apply if you deposit $2,000 or more into your account in a calendar month. Other fees and charges may apply. See the Ultimate Access Product Schedule for full terms, conditions, fees and charges. No interest applies to the Ultimate Access Account. Please read the Ultimate Access Account Product Schedule and the Banking General Terms and Conditions for more information.
Android and Google Pay are trademarks of Google LLC. Read the Google Pay Terms and Conditions.
PayID is a registered trademark of NPP Australia Limited. Osko by BPAY and BPAY are registered to BPAY Pty Ltd ABN 69 079 137 518. You should review the relevant payment facility terms and conditions available on our website before deciding whether a service is appropriate for your personal circumstances.
^ Other fees and charges may apply. Refer to the relevant Product Schedule for further information.
Any advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the product is suitable for you and your personal circumstances.
Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273
We calculate interest by applying the daily percentage rate to the different portions of your daily balance as set out in the above tiers. We pay interest monthly. These rates are current as at the Effective Date and are subject to change by Greater Bank without further notice. Conditions apply. Please read the Retirement Plus Account Product Schedule and the Banking General Terms and Conditions for more information.
Android and Google Pay are trademarks of Google LLC. Read the Google Pay Terms and Conditions.
PayID is a registered trademark of NPP Australia Limited. Osko by BPAY and BPAY are registered to BPAY Pty Ltd ABN 69 079 137 518. You should review the relevant payment facility terms and conditions available on our website before deciding whether a service is appropriate for your personal circumstances.
^ Other fees and charges may apply. Refer to the relevant Product Schedule for further information.
Any advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the product is suitable for you and your personal circumstances.
Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273
We calculate interest by applying the daily percentage rate to your account balance. We pay interest on the last day of each month if at least one deposit and no withdrawals have been made in the calendar month. No Interest applies if no deposits and/or any number of withdrawals have been made during the month. Please read the Bonus Saver Account Product Schedule and the Banking General Terms and Conditions for full terms, conditions, fees and charges.
PayID is a registered trademark of NPP Australia Limited. Osko by BPAY and BPAY are registered to BPAY Pty Ltd ABN 69 079 137 518. You should review the relevant payment facility terms and conditions available on our website before deciding whether a service is appropriate for your personal circumstances.
~ Greater Bank and Newcastle Permanent are both parts of Newcastle Greater Mutual Group Ltd, a single ADI. Therefore, a single $250,000 limit will apply to the aggregate balance of any eligible accounts held with Greater Bank and Newcastle Permanent.
^ Other fees and charges may apply. Refer to the relevant Product Schedule for further information.
From $1,000 - $4,999.99
*We calculate interest by applying the daily percentage rate to your account balance for the applicable period in the above table. For terms up to 13 months we pay interest on the Maturity Date. For terms over 13 months we pay interest six-monthly and on the Maturity Date. # We calculate interest by applying the daily percentage rate to your account balance for the applicable period in the above table. We pay interest monthly and on the Maturity Date. Note: A reduced interest rate applies if you break your investment prior to the maturity date.
Please refer to our Product Schedules for more information. These rates are current as at the Effective Date.
$5,000 and over
*Calculated by applying the daily percentage rate to your account balance for the applicable period in the above table. For terms up to 13 months interest is paid on the maturity date. For terms over 13 months interest is paid six-monthly and on the maturity date. # Calculated by applying the daily percentage rate to your account balance for the applicable period in the above table. Interest is paid monthly and on the maturity date. Note: A reduced interest rate applies if you break your investment prior to the maturity date.
Please refer to our Product Schedules for more information. These rates are current as at the Effective Date.
# Renewal notices for a Term Deposit account opened via Online Banking or our App will be delivered to your secure mail inbox within Online Banking and our App. A notification of the secure email will also be forwarded to your personal email address.
Any advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the product is suitable for you and your personal circumstances.
Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273
^ Other fees and charges may apply. Refer to the relevant Product Schedule for further information.
Any advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the product is suitable for you and your personal circumstances.
Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273
Life Saver Account must be opened prior to turning 25 years of age. We calculate interest by applying the daily percentage rate to your account balance. No interest applies if the closing balance at the end of the month is not greater than the opening balance at the beginning of the month. Conditions apply. View our Life Saver Product Schedule.
PayID is a registered trademark of NPP Australia Limited. Osko by BPAY and BPAY are registered to BPAY Pty Ltd ABN 69 079 137 518. You should review the relevant payment facility terms and conditions available on our website before deciding whether a service is appropriate for your personal circumstances.