Great saving account option from Bendigo bank if you are a disciplined and committed saver which most TopBargains users are.
To be eligible for Reward Saver rate of 5.25%, you need to increase your balance every month. This is the only catch because if your balance doesn't increase at the end of every month, you will only receive 0.30% interest rate for that month.
The bonus rate is available on balances up to $100,000. You'll receive the base interest rate of 0.30% p.a. if you don't hold an eligible transaction account and/or don't increase your balance for the month (excluding interest deposits). The base rate is also payable on balances over $100,000.