Bendigo Bank Savings Accounts

bendigo bank

Bendigo Bank is a provider of savings accounts, as well as other banking solutions such as insurance, loans, term deposits and financial advice.

Compare Bendigo Bank savings accounts

Considering a savings account from Bendigo Bank? The table below displays a snapshot of Bendigo Bank savings accounts on Canstar’s database, sorted by Star Rating. These results are based on a regular saver profile in NSW with $10,000 in current savings.

To see the definition of a regular saver and other profiles used in Canstar’s Star Ratings, view Canstar’s savings account methodology here. Or you can search our database for a savings account to suit your needs.

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What savings accounts does Bendigo Bank offer?

Bendigo Bank offers the following savings accounts at the time of writing:

PiggySaver Account

Designed for kids under 12 to introduce them to saving. Comes with a free money box and birthday gifts for children aged 4 to 10.

EasySaver Account

Earn a base interest rate no matter how much you save or transact. The account offers two free branch withdrawals per month.

CommunitySaver Account

A savings account that allows customers donate a percentage of their interest to a nominated organisation.

Christmas Club Account

Keeps savings locked away until the Christmas period.

You can view the current interest rates on Bendigo Bank savings accounts in our comparison tables.

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Do Bendigo Bank savings accounts require a linked transaction account?

No, Bendigo Bank does not require linked transaction accounts for its savings accounts.

 

Does Bendigo Bank charge fees on its savings accounts?

Savings accounts can come with several fees, such as monthly account-keeping fees, transaction fees, withdrawal fees and more. Bendigo Bank charges the following fees on their savings accounts at the time of writing (17/09/18):

  • $2.50 staff assisted withdrawal fees (customers get two free branch withdrawals per month*)

For current information on fees and how they apply, please check the Product Disclosure Statement.

What does Bendigo Bank offer in terms of mobile banking for savings accounts?

Bendigo Bank offers both online and mobile banking for its savings products, with its app available in both the Apple and Google store. Notable features of Bendigo Bank’s mobile banking include the ability to:

  • Login quickly using an optional four-digit PIN or TouchID/Fingerprint Login
  • View your balances quickly from your app home screen

How to apply for a Bendigo Bank savings account

Before applying for a Bendigo Bank savings account, consider comparing it against other savings accounts on the market to ensure it is the right one for you.  You can then apply for a Bendigo Bank savings account online, provided you have the correct documentation:

  • At least one form of ID, such as your driver’s license or passport
  • Accurate personal information, such as your name, date of birth, address and phone number

Once your account is opened, Bendigo Bank may require you to transfer in a minimum amount before your account can be activated – check the PDS document for more information on how much you might need to deposit.

Related article: How to change bank accounts

Eligibility requirements

When applying for a Bendigo Bank savings account, you will also have to meet the following eligibility requirements:

  • Must be 18 years or older before you can apply

What other banking products does Bendigo Bank provide?

Bendigo Bank provides a variety of different products to consumers, including:

  • Loans
  • Financial advice
  • Insurance
  • Credit cards
  • International banking

About Bendigo Bank

Founded in 1858, Bendigo Bank now has more than 150 years of experience in providing home loans. Today they serve around 1.5 million customers in more than 500 communities around the country.

Bendigo Bank in Victoria and Adelaide Bank in South Australia both began as building societies striving to help Australians buy their own home.

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Bendigo Bank Student Account

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Written by: Maddie Clarey | Last updated: July 9, 2018