Not bad considering the rate (7.5%), but as always T&C apply

Terms & Conditions:-

This is a continuing rate, non introductory.

It rewards you with a competitive 7.50%p.a. calculated daily on every dollar from the moment you deposit it; and better still, allows you to set up special accounts which are earmarked for specific savings goals. All free of bank fees.

Woolworths Ezy Banking

No Monthly account fee

Every time you make a purchase using your Ezy Action Account card at Ezy Rewards stores, you earn Ezy Rewards points. (1 point per $1 spent) 1450 points will get you a $10 Voucher to use in store. (other rewards also available)

No Charge on transactions if you only use it at the stores below, other stores are $0.50 each

If you apply online today (1-8-2007) for a new account. RaboPlus will put $100 in your account.

The only requirement is that you have a $1000 initial deposit.