Pays 5.00% p.a. total (0.00% base plus 5.00% bonus) as of 17 September 2026. Ranks 49th of 93 savings accounts tracked by BankMate, 0.14 points above the average of 4.86%. The rate last rose on 14 May 2026, 8 days after the RBA raised the cash rate to 4.35%.
5.00%p.a.
0.00% base + 5.00% bonus · bonus up to $500,000 · unlimited withdrawals · variable
Rate over time
Total rate, conditions met- Bonus Saver
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Mar 2026: ranked 31 of 74
- Apr 2026: ranked 42 of 88
- May 2026: ranked 37 of 91
- June 2026: ranked 46 of 91
- July 2026: ranked 48 of 92
- Aug 2026: ranked 48 of 92
- Sept 2026: ranked 49 of 93
Mar 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
Mostly outside the top half of accounts over the last 7 months: from #37 of 91 in May 2026 to #49 of 93 in Sept 2026.
Changes
1 on record since 26 Mar 2026- 4.75 → 5.00Bonus rate · 8 days after the RBA rise to 4.35%+0.25
Conditions for the bonus rate
Checked each month- Debit card use
- 5+/month
- Monthly deposits
- $20/month
- Balance range
- $0 - $500,000
- Age
- 13+ years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $500k
5.00%$500k+
0.00%Notes from savers
to leave a note.