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Great Southern Bank · Savings account

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Goal Saver

Pays 5.35% p.a. total (0.50% base plus 4.85% bonus) as of 17 September 2026. Ranks 11th of 93 savings accounts tracked by BankMate, 0.49 points above the average of 4.86%. The rate last rose on 22 May 2026, 16 days after the RBA raised the cash rate to 4.35%.

5.35%p.a.

0.50% base + 4.85% bonus · bonus up to $50,000 · unlimited withdrawals · variable

Go to Great Southern Bank

Rate over time

Total rate, conditions met
  • Goal Saver
  • RBA cash rate
  • Market average
4.004.505.005.50MarMayJulToday5.35% p.a. today

Position among 93 accounts

By month, end of month
  1. Feb 2026: ranked 6 of 46
  2. Mar 2026: ranked 23 of 74
  3. Apr 2026: ranked 11 of 88
  4. May 2026: ranked 7 of 91
  5. June 2026: ranked 9 of 91
  6. July 2026: ranked 10 of 92
  7. Aug 2026: ranked 10 of 92
  8. Sept 2026: ranked 11 of 93
Feb 2026This month

In the top 25% for 7 of the last 8 months. Never below the top 50%.

Changes

2 on record since 1 Mar 2026
  1. 5.10 → 5.35Bonus rate · 16 days after the RBA rise to 4.35%
    +0.25
  2. 4.85 → 5.10Bonus rate · 16 days after the RBA rise to 4.10%
    +0.25

Conditions for the bonus rate

Checked each month
Monthly deposits
$500/month
Balance range
$0 - $50,000
Age
18-24 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
5.35%
$50k+
0.50%

Notes from savers

to leave a note.