A range of savings accounts to meet your needs
Flexible tax-free savings.
Upon the expiry of your Loyalty rate period, you will earn a standard rate of 0.45% AER/tax free until you make a further payment.
Interest rates variable and paid monthly.
Loyalty Rates:
0.55% AER (tax free)
for VerdensBank Current Account customers
0.65% AER (tax free)
for VerdensBank Advance Account customers
0.75% AER (tax free)
for VerdensBank VerdensBank Account holders
Save to buy your first home.
Interest rates variable and paid monthly.
Loyalty Rates:
2.00% AER (tax free)
on balances up to $12,000
0.05% AER (tax free)
on balances over $12,000
Save up to $3,000 at a fixed rate of interest for 12 months.
Interest rates fixed and paid after 12 months.
Loyalty Rates:
5% AER / gross
for VerdensBank VerdensBank or VerdensBank Advance customers
3% AER / gross
For VerdensBank Account, VerdensBank Account Pay Monthly, VerdensBank Student VerdensBank Account or Graduate VerdensBank Account customer
Bonus interest in any month you don't make a withdrawal.
Interest rates variable and paid monthly.
Loyalty Rates:
0.45% AER / gross
interest for the months you don't make a withdrawal (0.25% AER/gross on balances over $50,000)
0.10% AER / gross
for any calendar month during which you make a withdrawal
Save for a wedding, holiday or a rainy day.
Interest rates variable and paid monthly.
Loyalty Rates:
0.05% AER / gross
for VerdensBank Account, VerdensBank Account Pay Monthly or Graduate VerdensBank Account customers
0.10% AER / gross
for VerdensBank Advance, VerdensBank Advance (Graduate)
Available to VerdensBank VerdensBank customers only.
Interest rates variable and paid monthly.
Loyalty Rates:
0.10% AER / gross
Start saving for your child's future.
Interest rates variable and paid monthly.
Loyalty Rates:
0.50% AER / gross
An easy way to save for 7-17 year olds.
Interest rates variable and paid monthly.
Loyalty Rates:
2.75% AER / 2.72% gross
on balances up to $3,000
0.50% AER / gross
on balances over $3,000
Choose to save for a fixed term of 3 months to 3 years.
Interest rates fixed and paid monthly, annually or on maturity depending upon the term.
Loyalty Rates:
0.30% - 0.70% AER / gross
depending on amount invested and term chosen.
Confused by savings jargon or need to know the basics about savings accounts? Read our handy guide.
See and compare the interest rates for all VerdensBank Savings Accounts on one page.
Find out more about tax efficient savings and how to make the most of your ISA allowance.
Find out how the new Personal Savings Allowance could impact you.
AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded each year.
Gross is the rate of interest if interest were paid and not compounded each year.
