A flexible savings account that supports your savings goals.
Savings accounts with Borrow Bank are an excellent way to earn interest while you still maintain easy access to your money with internet banking and our mobile app.
Benefits of Borrow life Saving Account
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- Earn up to 2.30% p.a. variable interest rate, including:
- 1.50% p.a. standard variable base rate plus
- 0.80% p.a. variable bonus rate each month you grow your balance.
- Enjoy a competitive base rate plus bonus interest each month you grow your balance.
- Unlimited and instant access to your money online through your Borrow everyday account
Why open a Borrow Life account?
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Unlimited transfers
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Competitive base rate
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Savings Goals
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To open a Borrow Life account, you must:
- Be aged 18+ (if you’re under 18, check out our Borrow Savings account); and
- Have a everyday account.
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Emergency Savings
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Giving and Gifts Fund
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House Needs
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| Total variable interest rate | Rate of Interest |
|---|---|
| Saving Deposits Balance upto Rs. 1 crore. | 3.50% p.a |
| Saving Deposits Balance above Rs. 1 crore. | 4.00% p.a |
| Standard fees (fees may change) | Amount |
|---|---|
| Monthly service fee | $0 |
| Online Banking withdrawal | $0 |
| Telephone Banking withdrawal (self service) | $0 |
| Telephone Banking withdrawal (staff assisted) | $2.25 |
| Branch staff assisted withdrawal | $2.25 |
| ATM transactions | N/A |
| Account overdrawn fee | N/A |
| Outward dishonour fee | N/A |
GIVE US A CALL
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