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Police Bank · Savings account

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Bonus Saver Account

Pays 4.55% p.a. total (0.05% base plus 4.50% bonus) as of 17 September 2026. Ranks 71st of 93 savings accounts tracked by BankMate, 0.31 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%.

4.55%p.a.

0.05% base + 4.50% bonus · variable

Go to Police Bank

Rate over time

Total rate, conditions met
  • Bonus Saver Account
  • RBA cash rate
  • Market average
4.004.505.00AprMayJunJulAugToday4.55% p.a. today

Position among 93 accounts

By month, end of month
  1. Mar 2026: ranked 57 of 74
  2. Apr 2026: ranked 68 of 88
  3. May 2026: ranked 76 of 91
  4. June 2026: ranked 69 of 91
  5. July 2026: ranked 71 of 92
  6. Aug 2026: ranked 71 of 92
  7. Sept 2026: ranked 71 of 93
Mar 2026This month

Mostly outside the top half of accounts over the last 7 months: from #69 of 91 in June 2026 to #76 of 91 in May 2026.

Changes

1 on record since 1 Apr 2026
  1. 4.30 → 4.55Bonus rate · 27 days after the RBA rise to 4.35%
    +0.25

Conditions for the bonus rate

Checked each month
Monthly deposits
$100/month
Withdrawals
Not allowed
Age
18+ years

On your balance

Saved with your preferences
Interest this year
Each month
Against the average account (4.86%)
Rate by balance
$0+
4.55%

Notes from savers

to leave a note.