Saving for your first home just got easier
Whether you’re buying groceries, stylish shoes, or enjoying a few drinks with friends,
The Boost tops up your savings every time you spend.
Accelerate your savings as you spend
When you’re saving for your first home, every cent counts. The Boost puts your spare change right where it’s needed most.
The Boost does the hard work for you, so you don’t have to think about it.
Simply sit back and watch your balance grow over a few weeks, months, or even a year!
What you need to Boost your savings
Open an account in less than five minutes.
Save smarter, not harder.
Unlock your savings potential with The Boost
Just one $2 Boost can make a big impact on your savings and help you buy your first home sooner.
You can estimate your savings potential using the sliding scale below.
Get started by selecting The Boost from the left-hand menu.
Choose your ‘from’ and ‘to’ accounts2 and set your transfer amount.
You can switch The Boost on and off or make changes instantly in online banking.
The Boost handy helpers
The savings you could make will depend on your own Boost amount and how often you make a transaction. To give you an idea of just how powerful small savings can be here’s an example from our customers.
On average, our customers have saved an extra $2,000 a year. They do this by simply setting up a $2 Boost on their Great Southern Bank Everyday Account and making three transactions a day. A great saving for paying an extra $6 into your savings account each day!
You can switch The Boost on and off and easily increase or reduce your boost amount in online banking. Changes are instant and you can make as many as you like. The Boost is designed to adapt to your lifestyle so you can try different amounts and discover what fits you best.
If you have a debit account, The Boost won’t leave you short. If you don’t have the required available funds in your transaction account, The Boost won’t come out.
The Boost is smart enough to know when your funds are low, so you don’t have to worry about switching it off yourself.
If you have an overdraft account or a line of credit, your Boost will still work when your funds are running low. It’s important to note that if The Boost takes an Overdraft or Line of Credit account into a debit balance, interest will be payable.
More ways to unlock your clever
Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply. This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the Terms and Conditions (T&Cs) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the T&Cs for more information.
1 If you have an overdraft or a line of credit: please note that The Boost will take your account into debit if the required balance isn’t available. If your Boost takes the account into debit, interest will be payable.
2 The Boost is not available on business accounts.