Online Bonus Saver
Earn more when you save regularly. Get bonus interest in months you don't make withdrawals.
3.25%
AER including bonus interest
Stork Savings
Reward yourself for saving
Earn our standard rate every month, and bonus interest on your whole balance in months you don't withdraw.
Open with just $1.
Stork Online Bonus Saver
An online savings account that pays more when you leave your money to grow.
- 3.25% AER variable in months with no withdrawals
- 1.75% AER variable standard rate on balances up to $250,000
- Withdraw any time with no penalty
- No fixed term — your money is never locked away
- Interest calculated daily and paid monthly
Interest Rates
Leave it alone, earn more
The bonus is added in any calendar month you make no withdrawals. Rates are variable.
Standard Rate
1.75% AER
Variable, paid monthly on balances up to $250,000
With Bonus Interest
3.25% AER
In any calendar month you make no withdrawals
Key Benefits
Why save with the Online Bonus Saver
Bonus Interest
An extra 1.50% AER on top of the standard rate in every month you leave your savings untouched.
Flexible Access
Take money out whenever you need to and keep earning the standard rate on what's left.
No Fixed Term
Your money is never locked away, and there's no penalty for withdrawing.
Start with $1
Open your account with as little as $1 and add to it whenever you like.
Paid Monthly
Interest is calculated daily on your cleared balance and paid every month.
Online Banking
Manage your savings any time through Stork online banking, from any device.
The Details
How your Online Bonus Saver works
Standard rate
1.75% AER/gross p.a. variable, on balances up to $250,000. You earn this rate every month, whether or not you make withdrawals.
Bonus rate
An additional 1.50% AER/gross p.a. variable, applied to your whole balance in any calendar month with no withdrawals — a total of 3.25% AER.
Calculation and payment
Interest is calculated daily on your cleared balance and paid into your account on the first business day of each month.
Eligibility
Are you eligible?
Please make sure you can answer yes to the following before you apply.
- Be 18 years of age or older
- Be a US resident
- Make an opening deposit of at least $1
- Be able to provide proof of identity and address
- Have an email address and phone number for account communications
FAQs
Questions about the Online Bonus Saver
How does the bonus interest work?
In any calendar month you don't make a withdrawal, the bonus rate is added to the standard rate and applied to your whole balance for that month.
What happens if I make a withdrawal?
You can withdraw at any time with no penalty. In that month you'll earn the standard rate instead of the bonus rate, and the bonus applies again from the next month without a withdrawal.
Can I open one if I'm not an existing customer?
Yes. The Online Bonus Saver is open to new and existing customers. New customers complete identity verification as part of the online application.
Is there a minimum or maximum deposit?
You can open your account with $1. The advertised rates apply to balances up to $250,000.
Get Started
Open an Online Bonus Saver
Apply online
If you're 18+ and a US resident, you can open your Online Bonus Saver online with just $1.
Open an AccountHave a question first?
Email us at support@storkbank.com and our team will help you choose the right savings account.
Contact UsImportant information: AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and compounded once each year. The gross rate is the interest rate payable before any income tax is deducted. All rates are variable and may change. The bonus rate of 1.50% AER is paid in addition to the standard rate in calendar months with no withdrawals. Advertised rates apply to balances up to $250,000. Minimum opening deposit $1. Stork Bank — support@storkbank.com.