Best Great Southern Bank Savings Accounts in New South Wales Sydney, Newcastle and Wollongong

Unnecessary step(s) to earn highest interest – - Home Saver Account offers 5.25% with conditions - You need to deposit $2K (*you can withdraw) - The unnecessary step (*in my opinion): don't… Read more

deposit direct into Home Saver [ where your bonus interest is accrued ] instead deposit into everyday account then transfer to Home Saver otherwise you don't meet criteria, therefore get zero bonus interest - Finally when their interest rates change or drop, you don't get notified (apparently it's too costly to undertake such) so it just costs customers in lost interest. This is low hanging fruit for GSB to improve upon - GSB can just electronic communication of upcoming change to interest on the app/internet banking/email - it's not that costly.