The Freedom Saver account was judged the winner by Finder’s panel of experts, who analysed some 500 banking products across 110 providers for savings accounts.

Matthew Ricker, Chief Executive Officer of Australian Unity Bank, said the Freedom Saver account was designed to provide customers with an easy option to grow their savings, with no minimum deposit to achieve a high interest rate.

“Many Australians miss out on receiving a higher interest rate simply because they can’t meet the conditions attached,” said Mr Ricker.

“We wanted to take the complexity out of saving and help people feel rewarded no matter how frequent or small their savings might be.”

Vipin Bhatia, General Manager, Strategic Initiatives & Commercial Banking said the company was proud to be recognised with a Finder Banking Award, standing out over 500 banking products.

“This accolade is a testament to our teams’ commitment to providing competitive and customer focused financial solutions,” said Mr Bhatia.

Australian Unity’s Freedom Saver Account has a standard variable interest rate of 4.85% p.a. There are no account keeping fees or minimum deposit requirements.¹

Withdrawals from Australian Unity’s Freedom Saver Account can be made via a linked Healthy Banking Everyday Transaction account. Funds up to $250,000 are covered under the Government Deposit Guarantee Scheme.

The Finder Banking Awards 2025 use its proprietary Finder Score ratings methodology to recognise market-leading savings accounts, term deposits and transaction accounts. More than 500 products across more than 110 providers for savings accounts are compared, assessing multiple features, including interest rates.

*For more information about the Freedom Saver Account visit the Australian Unity Bank website. New and existing customers can contact Australian Unity Bank on 1300 790 740.

ENDS

Media Contact:
T: media@australianunity.com.au

About Australian Unity
Established in 1840, Australian Unity is a member-owned wellbeing company with more than 385,000 members and more than 700,000 customers. Our range of health, wealth and care products and services provides member, customer and community value that is supportive of personal and community wellbeing.

1. The ongoing variable interest rate applicable to the Freedom Saver Account is determined by the value of the balance in the Freedom Saver Account. Balances up to $5,000,000.00 are eligible to earn interest as outlined by the interest tiering structure set out in the Schedule of Interest Rates – Transaction and Savings Accounts. When your balance increases to the next interest rate tier you will receive the interest rate for that tier on the entire balance of your Freedom Saver Account. Interest is calculated daily and paid monthly. Balances over $5,000,000.00 will not earn interest. Freedom Saver Accounts are required to have a linked Australian Unity Transaction Account and all withdrawals must be made via the linked Transaction Account. The Freedom Saver Account is only available to new customers aged 16 or over. Offer is limited to 1 Account per customer. Customers cannot open a new Account within 90 days of closure of the same type of Australian Unity savings or transaction Account. Refer to the Schedule of Interest Rates – Transaction and Savings Accounts booklet for more details on fees applicable to the Australian Unity Bank Transaction Account and Freedom Saver Account. Interest rates are subject to change at Australian Unity Bank’s discretion and in accordance with the relevant notice period prescribed within the ‘Australian Unity Bank Transaction, Savings and Investment Products Terms and Conditions’.