• High interest online savings account

  • RAMS Saver

    RAMS Saver is a completely online savings account, easily managed via myRAMS where you can deposit, withdraw and transfer funds.


    RAMS Saver banner home page
    • Everyone deserves a bonus

      To earn the bonus 1.65% p.a. variable interest on top of the  variable base rate, just: 

      • Deposit at least $200 during the month
      • Make no withdrawals during that month
      • Keep your balance between $0 - $500,000 for the month*. 

      Monitor and manage securely online with myRAMS^ 

      • Deposit funds - via online transfers to/from any Australian bank; direct salary credit, recurring payments, or between other RAMS accounts.
      • Track and manage – view transactions, balances and interest earned, change personal details
      • Go mobile – do it all on the go with anywhere, anytime convenience. 

      Like to know more?

      Call 13 RAMS – Mon - Sun: 7am - 11pm (AEST) our Australian based customer service centre (that’s 13 7267 )

    • RAMS Saver account interest rates

      Balance Amount Variable base interest Variable bonus interest Total variable interest
      up to $250,000 1.50% p.a. 1.65% p.a.1 3.15% p.a.
      $250,001-$500,000 1.50% p.a. 1.65% p.a.1 3.15% p.a.
      $500,001-$5million 1.50% p.a. 0 1.50% p.a.
       1Deposit at least $200 each month and make no withdrawals

    • Eligibility criteria

      • An Australian resident for taxation purposes with an Australian residential address
      • An individual who does not hold the account as a trustee of a trust or a superannuation fund, or on behalf of a deceased estate (two account holders allowed)
      • 18 years of age or over
      • Hold a valid email address and Australian mobile phone number.

  • Savings calculator

    How much could I save?


    With a RAMS Saver,

    Your total savings

    ${{data.savings.calculatedSavings | number:2}}

    If you make no withdrawals

    Got an amount you're saving towards in mind?

    How long to reach my savings goal?


    With a RAMS Saver,

    It will take this long to reach your savings goal


    How much interest could I earn?


    With a RAMS Saver,

    Your interest earned

    ${{data.savings.interestEarned | number:2}}

    If you make no withdrawals

    Learn more about our savings account

      • If you are a new customer, you can apply for a RAMS Saver online.

        If you are an existing RAMS customer, you can open the RAMS Saver account by logging into myRAMS using your Customer Identification Number (CIN) and password. From there simply click on “Apply Online” in the left hand menu and follow the prompts. You can open your account in as little as 1 minute.

        If you are an existing customer and currently do not have access to myRAMS, please call us on 13 RAMS, that's 13 7267.

      • Yes, you can open an account with one other individual.

      • RAMS does not have any branches and you cannot deposit money into y our RAMS Saver account at a RAMS Home Loan Centre. However you can deposit funds into your RAMS Saver by:

        • Electronic Funds Transfer – you can transfer funds from any Australian bank account. You will need to provide the BSB number for RAMS (which is 032885) and your RAMS Saver account number.
        • Direct credit e.g. salary credit – you can have your salary credited directly into your RAMS Saver. You will need to provide your employer with the BSB number for RAMS (which is 032885) and your RAMS Saver account number.
        • Cheque – you can deposit a cheque payable to the account holder(s) and drawn on an Australian financial institution. Please ensure you write your full name(s) and the account number to which you wish the cheque to be deposited on the back of the cheque. Please note we can't accept a third party cheque i.e. a cheque made payable to another person other than the account holder(s). Mail the cheque to:

        RAMS Deposits
        Locked Bag 5001
        Concord West NSW 2138

        Note: Regular payments cannot be made from Westpac Accounts.