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Commonwealth Bank · Savings account
LiveYouthsaver Account
Pays 5.05% p.a. total (2.15% base plus 2.90% bonus) as of 17 September 2026. Ranks 45th of 93 savings accounts tracked by BankMate, 0.19 points above the average of 4.86%. The rate last rose on 15 May 2026, 9 days after the RBA raised the cash rate to 4.35%.
5.05%p.a.
2.15% base + 2.90% bonus · bonus up to $50,000 · unlimited withdrawals · variable
Rate over time
Total rate, conditions met- Youthsaver Account
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Feb 2026: ranked 20 of 46
- Mar 2026: ranked 27 of 74
- Apr 2026: ranked 38 of 88
- May 2026: ranked 34 of 91
- June 2026: ranked 42 of 91
- July 2026: ranked 44 of 92
- Aug 2026: ranked 44 of 92
- Sept 2026: ranked 45 of 93
Feb 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
In the top 50% for every one of the last 8 months.
Changes
2 on record since 1 Mar 2026- 4.80 → 5.05Base and bonus restructured · 9 days after the RBA rise to 4.35%+0.25
- 4.55 → 4.80Base and bonus restructured · 9 days after the RBA rise to 4.10%+0.25
Conditions for the bonus rate
Checked each month- Monthly deposits
- $1/month
- Balance growth
- $1/month
- Balance range
- $0 - $50,000
- Age
- Up to 17 years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $50k
5.05%$50k+
2.15%Notes from savers
to leave a note.