Welcome to our new website

Coastline Bank Logo

Savings Accounts

Reach your savings goals faster with a Coastline savings account. Whether you’re seeking competitive rates or want to earn bonus interest, find the one for you today.

Can’t decide? Contact us we can help.

eSaver

Fast-track your savings

Bonus Reward Saver

Rise Online Saver

Christmas Club

eSaver

Fast-track your savings

eSaver Product - Man, disabled son and dog on the farm

Coastline’s eSaver account is the quick way to reach your savings goals. Earn bonus interest by depositing at least $500 per month and making no withdrawals.

Features

  • Earn Bonus interest by depositing at least $500 per month with no withdrawals

  • Free BPAY transactions (withdrawals from this account will forfeit your bonus interest)

  • Free Internet Banking and MyCOAST App

  • Interest is calculated daily and paid monthly on your savings balance

  • Bonus rate (including base rate)

    4.00

    %

    p.a. interest rate*

  • Base rate

    0.40

    %

    p.a. interest rate*

Fees and Requirements

  • No monthly service fee

  • No minimum balance

  • No age requirement

Bonus Reward Saver

For dedicated savers

Bonus Reward Saver - Family at a table eating lunch

Designed to help you achieve your dreams, whether it’s a new car, a holiday, or a home deposit. You’ll earn bonus interest by depositing at least $20 a month and making no withdrawals.

Features

  • Earn bonus interest by depositing at least $20 per month and making no withdrawals

  • Interest is calculated daily and paid monthly on your savings balance

  • No age requirement

  • Access via internet banking and MyCOAST App

  • Competitive bonus rate

  • Bonus interest rate (includes base rate)

    3.75

    %

    p.a. interest rate*

  • Base rate

    0.40

    %

    p.a. interest rate*

Fees and Requirements

  • No monthly service fee

  • No minimum balance

  • Free deposits

  • Free withdrawals (withdrawals will forfeit bonus interest for that month)

Rise Online Saver

Our highest savings account interest rate

Rise Online Saver - Teen waiting for a wave at sunrise.

Take your savings to new heights with our high interest online saver account. Designed to help you reach your financial goals faster.

Features

  • 4.65% p.a.* variable introductory interest rate for the first six months, comprised of a fixed rate of 2.20% p.a. and a variable base rate of 2.45% p.a.*

  • The account will revert to a 2.45% p.a.* variable base rate after the 6-month introductory period.

  • No bonus interest conditions

  • Unlimited deposits and withdrawals

  • Our highest savings account interest rate

  • Access via internet banking and the MyCOAST App

  • Interest is calculated daily and paid monthly on your savings balance

  • Variable introductory interest rate for the first six months

    4.65

    %

    p.a. interest rate*

  • Variable base rate

    2.45

    %

    p.a. interest rate 1*

  • 6 months fixed intro rate

    2.20

    %

    p.a. interest rate 2*

Fees and Requirements

  • No monthly service fee

  • No minimum balance

  • Introductory interest rate paid on balances up to $5,000,000

  • Limit of one Rise account per membership

Important Information

*Interest rate is variable and subject to change without notice.
Limit of one Rise account per membership.
1The base variable rate applies after the initial 6 month introductory offer.
2Fixed introductory interest is only available on the first Rise account opened by customers who have not held a Rise account within the last 12 months.


Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determination

Helpful Guides

Christmas Club

Be ready for the holiday season

Christmas Club - Santa about to go surfing at the beach.

Prepare for Christmas early with Coastline’s Christmas Club account. Save a little each week and take the stress out of the silly season.

Features

  • 1.75% p.a.* interest on balances over $1,000

  • 0.50% p.a.* interest on balances from $1 to $999

  • Free internet banking

  • Free direct deposits

  • Access funds from 1st November to 31st January

  • Interest is calculated daily and paid monthly on your savings balance

  • Interest on balances over $1,000

    1.75

    %

    p.a. interest rate*

  • Interest on balances from $1 to $999

    0.50

    %

    p.a. interest rate*

Fees and Requirements

  • No monthly service fee

  • No minimum balance

  • $10 fee per withdrawal made outside of the access period (1st November to 31st January)

Budget Wise Account - Dad washing car with family.

Budget Wise Account

Simplify your bill payments with this helpful Coastline account.

Learn more

General advice warning

This advice has been prepared without taking your objectives, financial situation, or needs into account. Before acting on this advice, you should consider whether it is appropriate for your circumstances. For more details, access the relevant Product Disclosure Statements, Target Market Determinations or Financial Services Guides under 'Important information' on our product pages.

All loan applications are subject to credit approval. Interest rates may vary, and fees and charges could apply.