Savings · Side by side

Great Southern Bank Goal Saver vs Great Southern Bank Home Saver

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These are open to different people: Great Southern Bank Goal Saver only to 18 to 24 year olds, Great Southern Bank Home Saver to anyone 18 or over.
Interest a year on $50,000, with the conditions met
$2,800
5.60% on this balance
$2,750
5.50% on this balance

Great Southern Bank Goal Saver pays $50 more a year on $50,000 than Great Southern Bank Home Saver.

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Where they differThe rate (5.60% against 5.50%), the conditions on the bonus, how much of a balance the top rate covers and who can open it.

The same on both$250 a year without meeting the conditions, a 0.50% base rate and no minimum balance.

Great Southern BankGoal Saver
Great Southern BankHome Saver
Total rate
base plus bonus
5.60%
+0.10 · Higher total rate
5.50%
Bonus rate
5.10%
with the conditions met
+0.10 · Higher bonus rate
5.00%
with the conditions met
Top rate paid up to
$50k
$100k
+$50k · Covers more of a balance
What the bonus asks each month
  1. A deposit of at least $500
  2. 5 card purchases
  1. A deposit of at least $2,000
  2. 5 card purchases
Who can open it
18 to 24 year olds
Anyone 18 or over
Rank by total rate
10th of 117
among accounts open to adults
16th of 117
among accounts open to adults
Last rate change
27 Oct 2026
up 0.25
27 Oct 2026
up 0.25

Rates over time

Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.

Great Southern Bank Goal Saver
Go to siteMore about this account
Great Southern Bank Home Saver
Go to siteMore about this account

As of 2 November 2026, Great Southern Bank Goal Saver pays 5.60% with its monthly conditions met, and Great Southern Bank Home Saver pays 5.50% with its monthly conditions met. On $50,000, that's $2,800 against $2,750 a year, $50 more from Great Southern Bank Goal Saver. Figures are the banks' published rates, worked out on the balance above. Each row says which figure is higher; it doesn't say which account suits you.

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Other comparisons

A savings account against a term depositWhat each pays over the same term on your balance