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Internet Saver

Boost your cash flow with our savings account specifically designed for businesses.

Earn up to


Open an account today

Key Features

Earn a competitive interest rate and plump up your business cash stash with our Internet Saver.

Earn higher interest on balances over $2k

Earn 2.85% on balances over $2k with no maximum balance and no complicated rules around increasing your balance each month.

A convenient way to bank

Access your money via online banking by simply transferring to a nominated Cairns Bank transaction account for withdrawal.

Old-school service

Our friendly and helpful team is always available to give you a hand in the branch or over the phone.

Competitive fees

$0 monthly account keeping fees.

Rates & Fees

Monthly fee$0

Interest rates on balances

Amount ($)Interest
Up to $2,0000.00%
Over $2,000 2.85%

How to apply

Pop into the branch and our friendly staff will be ready to assist you.

1. Apply in branch

Just bring in 1 form of identification that can include Driver’s Licence, Passport or Birth Certificate.

2. Set up your online banking

We’ll activate your Internet Saver and take you through how to log in whilst you’re in the branch. Keep in mind, you will need a linked Cairns Bank Business account.

Savings account FAQs

Who is Cairns Bank?

Cairns Bank is the trading name of Cairns Penny Savings & Loans Ltd. We’ve been supporting the Cairns community with their banking needs for over 125 years.

We take pride in our personal approach to banking. Getting to know our customers and delivering simple products and services is what we’re all about.

And as a customer owned bank we make decisions based on our customers’ needs, rather than the needs of shareholders.

We understand that switching banks can be a painful process. If you pop into our branch our friendly staff can help you open your new savings account. You will also need a linked Cairns Bank Business account, which we can open for you at the same time.

Yes. Money placed in a savings account with Cairns Bank is protected by the Australian Government’s Financial Claims Scheme (FCS).

The scheme protects deposits up to $250,000 per person, per financial institution. Learn more about the FCS.

When you come into the branch, we’ll set up your savings account and help you get started.

To make a withdrawal from your Internet Saver account, you will need to transfer to a nominated business account with Cairns Bank. Access is through internet banking.

You will receive the 2.85% interest rate once your Internet Saver balance reaches $2,000. Interest is paid monthly.

It’s the perfect savings account if you’re a sole trader or business owner with excess funds, wanting to earn a competitive interest rate and still have easy access to your funds.

Open an internet saver today

To find out more or to open an Internet Saver account, book an appointment with our friendly team or visit us in branch.