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Great Southern Bank · Savings account

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Youth eSaver

Pays 5.50% p.a. total (1.00% base plus 4.50% bonus) as of 17 September 2026. Ranks 6th of 93 savings accounts tracked by BankMate, 0.64 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%.

5.50%p.a.

1.00% base + 4.50% bonus · bonus up to $5,000 · unlimited withdrawals · variable

Go to Great Southern Bank

Rate over time

Total rate, conditions met
  • Youth eSaver
  • RBA cash rate
  • Market average
4.004.505.005.50MarMayJulToday5.50% p.a. today

Position among 93 accounts

By month, end of month
  1. Feb 2026: ranked 3 of 46
  2. Mar 2026: ranked 13 of 74
  3. Apr 2026: ranked 7 of 88
  4. May 2026: ranked 3 of 91
  5. June 2026: ranked 6 of 91
  6. July 2026: ranked 6 of 92
  7. Aug 2026: ranked 6 of 92
  8. Sept 2026: ranked 6 of 93
Feb 2026This month

In the top 10% for 7 of the last 8 months. Never below the top 25%.

Changes

2 on record since 1 Mar 2026
  1. 5.25 → 5.50Bonus rate · 16 days after the RBA rise to 4.35%
    +0.25
  2. 5.00 → 5.25Bonus rate · 16 days after the RBA rise to 4.10%
    +0.25

Conditions for the bonus rate

Checked each month
Balance range
$0 - $4,999.99
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 $5k
5.50%
$5k+
1.00%

Notes from savers

to leave a note.