Regional Australia Bank Savings Accounts
What savings accounts does Regional Australia Bank offer?
At the time of writing, Regional Australia Bank offers two savings accounts:
- Savings Booster: offers boosted monthly interest when you deposit at least $100 and don’t make any withdrawals during the month, as well as instant access to funds.
- Internet Maximiser: offers tiered interest with instant access to funds.
You can view the current interest rates on some of Regional Australia Bank savings accounts in Canstar’s comparison tables.
Do Regional Australia Bank savings accounts require a linked transaction account?
Regional Australia Banks does not advise whether its savings accounts require a linked transaction account or not. Contact Regional Australia Bank for more information.
You can compare transaction accounts with Canstar here to potentially find one that suits your requirements.
Does Regional Australia Bank charge fees on its savings accounts?
Savings accounts can come with several fees, such as monthly account-keeping fees, transaction fees, and withdrawal fees. At the time of writing, Regional Australia Bank says it charges no internet, mobile or phone banking transactions fees or direct credit fees. However, Regional Australia Bank says it does charge a $5 access fee and a $0.50 cheque deposit fee on its savings accounts. For a full list of fees, check Regional Australia Bank’s website and its schedule of fees and charges.
What does Regional Australia Bank offer in terms of mobile banking for savings accounts?
Regional Australia Bank offers internet and mobile banking for its savings accounts. Regional Australia Bank says you can access your money through its Mobile Banking App, which is available through the Apple and Google Play store. Notable features of the app include:
- ‘Quick Balance’ where you can view your account balance without logging in
- Account access via PIN or swipe pattern authentication
- Ability to set up a savings goal and track your progress
- Access to savings tools, calculators and news
How do I apply for a Regional Australia Bank savings account?
Before applying for a Regional Australia Bank savings account, consider comparing it against other savings accounts on the market to ensure it’s the right one for you.
If you choose to apply for a Regional Australia Bank savings account, you can inquire online, over the phone or at a Regional Australia Bank branch.
To apply for a savings account, Regional Australia Bank says you must be a member of the institution. You’ll also need to provide proof of identity, for example your driver’s licence or passport.
Regional Australia Bank says there is no minimum balance required to open its savings accounts.
About Regional Australia Bank
Regional Australia Bank is a customer-owned bank. It was established almost 50 years ago and has roots in regional NSW and its current head office in Armidale.
