Your total savings will be divided into different tiers, each with its own bonus interest rate. This means that different parts of your total savings will earn different rates, depending on which tier they fall into.

To earn bonus interest, you need to meet the bonus interest criteria, which includes having a Spend account and making a minimum deposit each month.

You won’t earn any interest on your Save account for any month where:

• you don’t meet the bonus criteria;
• you close your Save account during that month; or
• your Save account is used as an offset account at any point during that month.

To learn more, you can check out our FAQ on offset accounts.