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citi online saver

Online Saver

Apply Online Now

Give your savings a boost

No monthly fees, no minimum balance and no long-term commitments.



1.10% p.a.1

Earn Competitive Interest

Earn our variable introductory rate, currently 1.10% p.a. for the first 4 months when your balances remain up to $500,000. At the end of the introductory period or if at any time your balance exceeds $500,000 (including due to interest credited to your account), the ongoing standard variable rate, currently 0.35% p.a. will be applied to your entire balance.

Example: You open a new Citibank Online Saver account and deposited $500,000 in month 1. Say, you earned $1000 interest in month 1. The account balance for month 2 is now $501,000. As the account balance exceeds $500,000, the interest rate applicable to your account for month 2 will be the standard variable rate on the entire balance and not the variable introductory rate, even though you are in the introductory period.


Regular Savings Plan

Set up a regular savings plan in moments, during your application or through Citibank Online. Check out our online demo for more information.


No monthly fees and no minimum balance. Your interest is calculated daily and paid monthly on every dollar.

Link to any Account

Nominate any Australian bank account as your linked account - just make sure your bank lets you transfer money to other bank accounts.

Online Access

Your monthly eStatements will let you know how much interest you've earned for the month as well as the current interest rate.

1. This offer is only applicable on the first Citibank Online Saver that you open. Interest rate may change at any time including during the first 4 months.

Open your Citibank Online Saver account today!

Apply online now


Savings Calculator

Are you planning your next holiday? Or getting together the deposit for your first home? Whatever your savings goals, see how quickly they can be achieved with our easy-to-use savings calculator.

What you need to know before applying

You must be over 18 years old and a resident of Australia.

You need a valid email and Australian residential address.

A Tax File Number (TFN). To avoid being charged the highest marginal tax rate, we recommend you provide your TFN.

You need to have the details of the bank account you'd like to link your Citibank Online Saver to.

The account can only be used as a personal account (not as a business or joint account).

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By Damon Frith
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Everything you've wanted to know about savings

Where do your savings sit in the big scheme of things?

Despite current low interest rates, Australians are saving more than at any point since the 1980s.

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Help and Support

Online Saver Links

Additional information about the Citibank Online Saver account.

Schedule of Fees & Charges
Online Saver Terms & Conditions

Citibank Online

Access and manage your money in a quick, convenient and secure way, from anywhere in the world.

Information & Forms

Here we have all the information you need about our banking products, from interest rates to switching forms.

 Can't find what you're looking for?  Contact us >

Important Information

Terms & Conditions apply and are available on request.

1. This offer is only applicable on the first Citibank Online Saver that you open. Interest rate may change at any time including during the first 4 months.

Citibank Online Saver is issued by Citigroup Pty Limited ABN 88 004 325 080, AFSL 238098, Australian credit licence 238098. Any advice is general advice only and was prepared without taking into account your objectives, financial situation, or needs. Before acting on this advice you should consider if it's appropriate for your circumstances. Further information and our dispute resolution process is available at or by phone on 1300 137 931.

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