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Newcastle Permanent · Savings account
LiveSmart Saver Account (under 25)
Pays 5.75% p.a. total (0.05% base plus 5.70% bonus) as of 17 September 2026. Ranks 2nd of 93 savings accounts tracked by BankMate, 0.89 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%.
5.75%p.a.
0.05% base + 5.70% bonus · bonus up to $50,000 · variable
Rate over time
Total rate, conditions met- Smart Saver Account (under 25)
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Feb 2026: ranked 42 of 46
- Mar 2026: ranked 1 of 74
- Apr 2026: ranked 1 of 88
- May 2026: ranked 1 of 91
- June 2026: ranked 1 of 91
- July 2026: ranked 1 of 92
- Aug 2026: ranked 1 of 92
- Sept 2026: ranked 2 of 93
Feb 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
In the top 5% for 7 of the last 8 months. Its lowest was #42 of 46 in Feb 2026.
Changes
3 on record since 1 Mar 2026- 5.50 → 5.75Bonus rate · 9 days after the RBA rise to 4.35%+0.25
- 5.25 → 5.50Bonus rate · 9 days after the RBA rise to 4.10%+0.25
- 4.00 → 5.25Bonus rate · 41 days after the RBA rise to 3.85%+1.25
Conditions for the bonus rate
Checked each month- Balance growth
- Required/month
- Withdrawals
- 2/month max
- Balance range
- $0 - $49,999.99
- Age
- Up to 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
5.75%$50k – $250k
5.00%$250k+
4.75%Notes from savers
to leave a note.