Key info:
From 1 July
New external payments from Save accounts will no longer be available. This includes direct debits, PayTo, BPay, and BSB & account payments from Save. See below for how to switch your existing payments.
We’re introducing our new bonus interest tiers for your savings.
We’re increasing the amount you need to deposit to qualify for bonus interest from $200 to $500.
Forgot to post this earlier. More discussion on OzBargain, among other places.
2 points
Oh, I remember reading about the thing with payments from savings accounts but I didn’t realise they were upping the requirements for the bonus interest. Truthfully, I don’t manage to save enough for the bonus interest to be worth anything anyways
