Pays 4.70% p.a. with no bonus conditions as of 17 September 2026. Ranks 66th of 93 savings accounts tracked by BankMate, 0.16 points below the average of 4.86%. The rate last rose on 2 June 2026, 27 days after the RBA raised the cash rate to 4.35%.
4.70%p.a.
No bonus component · bonus up to $5,000,000 · unlimited withdrawals · variable
Rate over time
Total rate, conditions met- Online Saver
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Feb 2026: ranked 45 of 46
- Mar 2026: ranked 68 of 74
- Apr 2026: ranked 75 of 88
- May 2026: ranked 81 of 91
- June 2026: ranked 64 of 91
- July 2026: ranked 66 of 92
- Aug 2026: ranked 66 of 92
- Sept 2026: ranked 66 of 93
Feb 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
Mostly outside the top half of accounts over the last 8 months: from #64 of 91 in June 2026 to #45 of 46 in Feb 2026.
Changes
7 on record since 18 Feb 2026- 4.15 → 4.70Base rate · 27 days after the RBA rise to 4.35%+0.55
- 3.90 → 4.15Base rate · 21 days after the RBA rise to 4.10%+0.25
- 4.15 → 3.90Base rate−0.25
- 3.90 → 4.15Base rate · 19 days after the RBA rise to 4.10%+0.25
- 4.15 → 3.90Base rate−0.25
- 3.90 → 4.15Base rate · 15 days after the RBA rise to 4.10%+0.25
Show 1 earlier date
- 3.65 → 3.90Base rate · 5 days after the RBA rise to 4.10%+0.25
Conditions
Checked each month- Balance range
- $0 - $5,000,000
- Age
- 12+ years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $5M
4.70%Notes from savers
to leave a note.