Don’t be restricted by how many transactions you can make or the amount you need to deposit. Have complete freedom to withdraw and deposit as much as you need.
Earn a bonus interest rate* when you simply increase your balance by $250 each calendar month.
Whether you're saving for a down payment on a house, a holiday, life events, or simply building an emergency fund, our Goal Saver Account can help you reach your goals faster.
With 24/7 accessibility via Online Banking and our Gateway App, you have many ways to manage the funds in your Goal Saver Account.
You can also feel safe in the knowledge that the funds in your bonus savings account will not finance industries and/or activities that cause significant, detrimental impacts to the environment, as stipulated in Gateway's Ethical Banking & Investment Policies.
Apply online or contact us to set up your new bonus interest savings account today.
The bonus interest is earned on top of the standard interest rate.
The promotional interest rate is available to new to bank members, and existing Gateway members with no call deposit relationship. It is a fixed interest applied to the account only when the bonus interest eligibility conditions are met. Promotional interest rate is available until 30 June 2024 and is subject to change. For more information, see Goal Saver Account Promotional Rates T&Cs.
The bonus and promotional interest are only applied to balances up to $100,000. For any portion of the balance over $100,000, the interest rate reverts to the standard interest rate for that portion only.
Standard variable interest rate |
0.10% p.a. |
| The standard rate on all balances. |
Bonus interest rate |
3.50% p.a. |
| Earn bonus rate by growing your balance by at least $250 (excluding interest) each calendar month (on balances up to $100,000). |
Promotional interest rate |
1.45% p.a. |
| Fixed promo until 30 June 2024 if eligibility requirements are met (on balances up to $100,000) |
Total interest rate |
5.05% p.a. |
| Total rate earned on a Goal Saver Account if eligibility requirements are met (on balances up to $100,000). |
Savings & Bank Accounts |
|
|---|---|
| Minimum Rate : | 0.10% pa |
| Maximum Rate : | 5.05% pa |
| Monthly Fee : | $0 |
| Annual Fee : | $0 |
| Minimum Amount : | $0 |
| Cheque Book : | No |
| Funds Available : | At Call |
| ATM/EFTPOS Access : | No |
| Online & Phone Banking : | Yes |
| Direct Entry (Credit/Debit) : | Yes |
| Interest Income : | Interest is calculated on daily balances and credited monthly |
| Debit Card : | No |
| Branch Access : | Yes |
| BPAY® : | Yes |
| Overdraft : | No |
| Periodic Payments : | Yes |
The standard interest rate is the base rate that you earn on your Goal Saver Account. The bonus interest rate is an additional rate that you can earn by increasing your balance by $250 per month*. The bonus interest applies to balances up to $100,000. For any portion of the balance over $100,000, the interest rate reverts to the standard interest rate for that portion only.
No, Gateway Bank's Goal Saver Account has no monthly account-keeping fees or service fees. This means that you can save without any additional cost eating into your balance.
Yes, you have the freedom to make unlimited deposits and withdrawals. This flexibility allows you to manage your savings effectively and access your funds whenever you need them.
Yes, Gateway Bank's Goal Saver Account can be accessed 24/7 through Online Banking and Gateway's App1. This allows you to manage your funds securely and conveniently from anywhere, at any time.
Opening a Gateway Bank Goal Saver Account is quick and easy. Here's how you can get started:
Gateway reserves the right to vary these interest rates at any time. Fees and charges, terms and conditions apply. Please view our Gateway Deposit Accounts & Access Facilities General Conditions of Use, Summary of Deposit Accounts & Availability of Access Facilities and General Fees, Charges and Transaction Limits brochures.
1 A daily transaction limit of $5000 applies for transactions on Online Banking / Gateway App. Must be registered for Secure SMS in order to transfer funds externally. Refer to the Gateway App page for more information.
