Pays 5.10% p.a. total (0.50% base plus 4.60% bonus) as of 17 September 2026. Ranks 33rd of 93 savings accounts tracked by BankMate, 0.24 points above 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%.
5.10%p.a.
0.50% base + 4.60% bonus · bonus up to $250,000 · variable
Rate over time
Total rate, conditions met- Smart Saver Account
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Mar 2026: ranked 43 of 74
- Apr 2026: ranked 29 of 88
- May 2026: ranked 50 of 91
- June 2026: ranked 29 of 91
- July 2026: ranked 31 of 92
- Aug 2026: ranked 31 of 92
- Sept 2026: ranked 33 of 93
Mar 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
In the top 50% for 5 of the last 7 months. Its lowest was #43 of 74 in Mar 2026.
Changes
2 on record since 27 Mar 2026- 4.85 → 5.10Bonus rate · 27 days after the RBA rise to 4.35%+0.25
- 4.60 → 4.85Bonus rate · 15 days after the RBA rise to 4.10%+0.25
Conditions for the bonus rate
Checked each month- Monthly deposits
- $100/month
- Withdrawals
- Not allowed
- Balance range
- $0 - $250,000
- Age
- 18+ years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $250k
5.10%$250k+
0.50%Notes from savers
to leave a note.