BankSA Maxi Saver

Shady business practice, Taking customers for a ride – well, Banksa would only give you this interest rate if you remember to call them every 3 months and renew it. even then its quite low compared to some other banks. the normal interest rate is 0.15% and its pathetic. the bonus 1.48% only applies if you call them ( in 2020 it has dropped down to 0.80% including bonus interest). i mean why do we have to call them for it? it's because they are counting on you to forget to call them after that time and then you can just drop you back to 0.15% without even telling you or without any notification what so ever. they want you to forget so they can rip you off. i mean its not that hard to send you an email to alert you to let you know that your 3 months are almost over. but NOPE, they ll just sneakily drop your interest rate. and this time i tried calling them 3 days before it was over, they refused to do it and told me that i ll have to call back once it expired. i mean WTH? they want me to wait for it to expire and only then they ll apply it for me? this is such shady business practice. i am moving my money to a different bank. F%$k you Banksa.

Way to save – It is terrific to have a high saver account to work with a normal deeming saving account. The interested rate is good, and easy to transfer transactions from one account to the another. With the new internet web site for the Bank SA it is so easy to follow where your money goes. reliable and easy to use.