Set up a Regular Savings Plan

Reach your savings goals with a Regular Savings Plan

Setting up a Regular Savings Plan is quick, easy and can help you reach your goals faster. Whether you're saving for your first home, a new car, a trip overseas, or something else, NetBank gives you flexibility and control over your savings plan.

You can set up a scheduled transfer from your transaction account to your savings account for whatever time, frequency and amount suits you best – be it weekly, fortnightly or monthly, for $10 or $200.

For example, you might want to set up a transfer to coincide with your payday. That way, your money is moved to your savings account before it reaches your wallet and you're less tempted to spend.

If you can't meet your savings target on a given week or month for any reason, it's easy to decrease the amount or cancel a transfer altogether. Likewise, it's easy to increase the amount whenever you find you have a little bit more to spare.

Simply use the instructions below to set up your own Regular Savings Plan in NetBank. Don't worry if you are not a NetBank user, you can go in to any branch and see one of our Savings Specialists about setting up a Regular Savings Plan today.

Quick guide to setting up a Regular Savings Plan in NetBank

Step 1: Logon to NetBank and select 'Transfer money' from the 'Transfers' tab.

Step 2: Select the accounts you'd like to transfer your money between, select the amount and how often you would like to transfer.

Step 3: Click 'Transfer' and confirm transfer.

For more detailed instructions please follow our step-by-step guide which shows you just how easy it is to set up, review or modify a Regular Savings Plan.

• Setting up a Regular Savings Plan in NetBank (PDF 225KB)
• Checking or changing your Regular Savings Plan in NetBank (PDF 148KB)
• Personalising and organising your Regular Savings Plan in NetBank (PDF 193KB)