Savings Account Comparison Australia
Compare

St. George DIY Super Direct Saver Account

Posted November 11th, 2009 and last modified May 27th, 2010

Recent changes to self managed super funds in Australia mean it is easier and more profitable for more Australians to take charge of their retirement. St George offers a Direct Saver account which can be specifically set up as a self managed super fund, and can even be used alongside your ordinary Direct Saver account.

A DIY Super Direct Saver account has all of the same features, benefits and interest rates as the standard Direct Saver account. A St George self managed super fund may be suitable for:

* People who have retired and are no longer receiving employer contributions and so are looking to close their employer super fund. Transferring your super to a DIY Super Direct Saver account means your funds can continue to earn interest, and you also gain full control of your funds to use them or save them as you choose.
* Those who are self employed and want to easily contribute their own super contributions to a fund with no fees and an attractive interest rate to save for their retirement.
* Australians looking to top up their super can open a DIY Super Direct Saver account with St George and watch their supplementary funds grow in line with their managed super funds.

To open a DIY Super Direct Saver account with St George you will need to work with your accountant:

* Your account can set up an ABN for your super fund and allocate trustees to the account.
* You can be a trustee of your own super account, however all conditions and beneficiaries need to be organised and authorised by your accountant.
* With your accountant you can decide how your super fund behaves, who has access and when and the frequency of transfers to add to your savings.

St George Bank are a little bank with big backing, having recently merged with Westpac and Bank SA and if you are looking for a friendly, safe – and profitable – place for your savings or your super, why not spend under ten minutes to secure your financial future.



  Submit a Comment

Top High Interest Savings Accounts

All of these accounts are FREE to open and require no minimum deposit. They all have easy internet banking access with no transaction fees.

Savings Account Account Details Variable Rate p.a. Base Rate p.a. Intro Rate p.a. Fees Min Balance/Min Deposit
UBank USaver
UBank USaver

The UBank USaver has the highest interest rate on the market today!

6.51%6.01%0.50%FREE$0/$0 Open UBank USaver Account Read more about the UBank USaver
Citibank Online Saver
Citibank Online Saver

Citibank offer an incredibly high interest rate, and the saftey of being with the worlds largest bank!

6.45%5.25%1.20%FREE$50/$20 Open Citibank Online Saver Account Read more about the Citibank Online Saver
Virgin Savings Account
Virgin Savings Account

Virgin Savings Account

6.75%5.35%1.40%FREE$0/$0 Open Virgin Savings Account Account Read more about the Virgin Savings Account

Account Types


Australian Consumer Credit & Banking Survey 2010

Savings Tips

The Basics

Beginners Guide to Savings Accounts


6 month Term Deposit
Compare the current rates offered for six months term deposits.

Popular Articles

Popular savings account articles and guides


Best Savings Accounts
Find and Compare the Best Savings Account for You

Paid Parental Leave Scheme
Find Out if You Can Benefit from the Paid Parental Leave Scheme

Calculators

Savings Goal Calculator

Savings Goal Calculator
Set your Savings Goal and find out how much you need to save to hit it.

Am I Wealthy? Calculator
Calculate what your net worth should be with our exclusive calculator.

Savings Resources

Personal Loan Comparison
Compare personal loan rates for debt consolidation and car loans

Email Updates

Savings Account Alert! Subscribe to receive the highest interest savings rates.

Name:
Email:

Other, Tips and Guides Secondary Providers