Savings Account
Showing current savings account rates from major Australian financial institutions.
| Institution | Credit Rating | Account type | Minimum deposit $ | Interest rate % |
|---|---|---|---|---|
| BBB+ | Bank GO Save - $0 - $500,000 | $0 | 4.85 | |
| Bank GO Save - $500,000.01 - $5,000,000 | $500,000.01 | 4.00 | ||
| Bank GO Save - Over $5,000,000 | $5,000,000.01 | 0.00 | ||
| Saver - base | $0 | 0.25 | ||
| Saver - bonus - up to $500k | $0 | 4.45 | ||
| Saver - potential - up to $500k | $0 | 4.70 | ||
| Saver - over $500,000 | $500,000.01 | 0.25 | ||
| AA- | Online saver | $0 | 1.10 | |
| Pensioner Advantage - <$10,000 | $0 | 0.05 | ||
| Pensioner Advantage - $10,000 to $49,999 | $10,000 | 1.65 | ||
| Pensioner Advantage - over $50,000 | $50,000 | 2.25 | ||
| Plus Flex Saver - on first $5,000 | $0 | 4.75 | ||
| Plus Flex Saver - over $5,000 | $5,001 | 1.75 | ||
| Plus Growth Saver - base | $0 | 0.10 | ||
| Plus Growth Saver - bonus | $0 | 4.65 | ||
| Plus Growth Saver - potential | $0 | 4.75 | ||
| Progress Saver - base | $0 | 0.01 | ||
| Progress Saver - bonus | $0 | 3.49 | ||
| Progress Saver - potential | $0 | 3.50 | ||
| BBB+ | Bonus Saver - base | $0 | 0.10 | |
| Bonus Saver - bonus - $0 - $100k | $0 | 4.75 | ||
| Bonus Saver - bonus - $100,000.01 - $250k | $100,000.01 | 4.40 | ||
| Bonus Saver - bonus - $250,000.01 - $500k | $250,000.01 | 3.95 | ||
| Bonus Saver - bonus - $500,000.01+ | $500,000.01 | 3.65 | ||
| Bonus Saver - potential - balance $0 - $100k | $0 | 4.85 | ||
| Bonus Saver - potential - balance $100,000.01 - $250k | $100,000.01 | 4.50 | ||
| Bonus Saver - potential - balance $250,000.01 - $500k | $250,000.01 | 4.05 | ||
| Bonus Saver - potential - balance $500,000.01+ | $500,000.01 | 3.75 | ||
| Christmas Saver - NO LONGER FOR SALE - To be Withdrawn: 1st May 2026 | $0 | 2.25 | ||
| Online Saver - balance $0 - $4,999.99 | $0 | 0.01 | ||
| Online Saver - balance $5,000 - $149,999.99 | $5,000 | 3.70 | ||
| Online Saver - balance $150,000+ | $150,000 | 3.70 | ||
| Pension Access - portion $0 - 4,999.99 | $0 | 0.75 | ||
| Pension Access - portion $5,000 - $50,000 | $5,000 | 1.40 | ||
| Pension Access - portion $50,001+ | $50,001 | 1.65 | ||
| mySaver - base | $0 | 0.10 | ||
| mySaver - balance $0 - $50,000 | $0 | 4.85 | ||
| mySaver - balance $50,000.01 - $250,000 | $50,000.01 | 4.50 | ||
| mySaver - balance over $250,000.01 | $250,000.01 | 0.00 | ||
| A- | Easy Retirement A/c - $0 - $9999.99 | $0 | 0.35 | |
| Easy Retirement A/c - $10,000 - $49,999.99 | $10,000 | 1.45 | ||
| Easy Retirement A/c - $50,000 - $249,999.99 | $50,000 | 1.95 | ||
| Easy Retirement A/c - $250,000 & above | $250,000 | 2.25 | ||
| EasySaver | $0 | 3.30 | ||
| PiggySaver | $0 | 3.30 | ||
| Reward Saver - base | $0 | 0.10 | ||
| Reward Saver - bonus - $0 - $100,000 | $0 | 4.50 | ||
| Reward Saver - $100,000.01 & above | $100,000.01 | 0.10 | ||
| A- | Future Saver - base | $0 | 0.05 | |
| Future Saver - bonus - $0 to $50k | $0 | 5.30 | ||
| Future Saver - bonus - $50k to $250k | $50,000 | 2.80 | ||
| Future Saver - bonus - >$250,000 | $250,000.01 | 0.00 | ||
| Future Saver - potential - $0 to $50k | $0 | 5.35 | ||
| Future Saver - potential - $50k to $250k | $50,000 | 2.85 | ||
| Future Saver - potential - >$250,000 | $250,000.01 | 0.05 | ||
| Simple Saver - $0 to $5M - standard | $0 | 4.55 | ||
| Simple Saver - over $5M - standard | $5,000,000.01 | 0.05 | ||
| Smart Saver - base | $0 | 0.05 | ||
| Smart Saver - bonus - $0 to $250,000 | $0 | 5.10 | ||
| Smart Saver - potential - $0 to $250,000 | $250,000 | 5.15 | ||
| Smart Saver - >$250,000 | $250,000.01 | 0.05 | ||
| AA- | GoalSaver - base | $0 | 0.25 | |
| GoalSaver - bonus | $0 | 4.50 | ||
| GoalSaver - potential | $0 | 4.75 | ||
| NetBank Saver - first 5 mths | $0 | 4.95 | ||
| NetBank Saver - standard | $0 | 1.95 | ||
| Pensioner Security A/c - <$10,000 | $0 | 0.05 | ||
| Pensioner Security A/c - $10,000 to $49,999 | $10,000 | 1.60 | ||
| Pensioner Security A/c - $50,000 to $249,999 | $50,000 | 2.10 | ||
| Pensioner Security A/c - over $250,000 | $250,000 | 2.60 | ||
| YouthSaver - base | $0 | 2.00 | ||
| YouthSaver - bonus - up to $50k | $0 | 2.80 | ||
| YouthSaver - potential - up to $50k | $0 | 4.80 | ||
| YouthSaver - over $50,000 | $50,000 | 2.00 | ||
| BBB+ | Everyday 50+ - portion under $5,000 | $0 | 0.10 | |
| Everyday 50+ - portion $5,000 - $50.000 | $5,000 | 1.45 | ||
| Everyday 50+ - portion over $50,000 | $50,001 | 2.55 | ||
| Everyday Saver - portion under $750,000 | $0 | 4.55 | ||
| Everyday Saver - portion above $750,000 | $750,001 | 0.00 | ||
| Future Saver - base | $0 | 0.10 | ||
| Future Saver - bonus - portion under $500k | $0 | 4.50 | ||
| Future Saver - bonus - portion above $500k | $500,001 | 3.15 | ||
| Future Saver - potential - portion under $500k | $0 | 4.60 | ||
| Future Saver - potential - portion above $500k | $500,001 | 3.25 | ||
| Goal Saver - base | $0 | 0.50 | ||
| Goal Saver - bonus - up to $50k | $0 | 4.60 | ||
| Goal Saver - potential - up to $50k | $0 | 5.10 | ||
| Goal Saver - over $50,000 | $50,001 | 0.50 | ||
| Home Saver - base | $0 | 0.50 | ||
| Home Saver - bonus - up to $100k | $0 | 4.50 | ||
| Home Saver - potential - up to $100k | $0 | 5.00 | ||
| Home Saver - over $100,000 | $100,001 | 0.50 | ||
| Youth eSaver - up to $5,000 | $0 | 5.25 | ||
| Youth eSaver - portion over $5,000 | $5,001 | 1.00 | ||
| BBB+ | Bonus Saver | $0 | 3.75 | |
| Life Saver | $0 | 5.00 | ||
| Retirement Plus - portion $0.00 - $4,999.99 | $0 | 0.01 | ||
| Retirement Plus - portion $5000.00 - $49,999.99 | $5,000 | 1.00 | ||
| Retirement Plus - portion $50,000.00 - $99,999.99 | $50,000 | 1.80 | ||
| Retirement Plus - portion over $100,000.00 | $100,000 | 1.80 | ||
| BBB+ | Online Saver - first 4mths - bonus - up to $100k | $1 | 1.40 | |
| Online Saver - first 4mths - potential - up to $100k | $1 | 4.35 | ||
| Online Saver - first 4mths - over $100k | $1 | 2.95 | ||
| Online Saver - standard | $1 | 2.95 | ||
| Simply Access Transaction | $1 | 0.01 | ||
| Target Bonus - base | $1 | 0.01 | ||
| Target Bonus - bonus | $1 | 3.99 | ||
| Target Bonus - potential | $1 | 4.00 | ||
| A+ | Bonus Savings - base/standard - up $5M | $0 | 1.75 | |
| Bonus Savings - bonus - up $5M | $0 | 2.25 | ||
| Bonus Savings - potential - up $5M | $0 | 4.00 | ||
| Bonus Savings - Over $5,000,000 | $5,000,000.01 | 0.00 | ||
| Everyday Savings - 3mth Introductory - up to $1M | $0 | 4.90 | ||
| Everyday Savings - Standard/Ongoing - up to $1M | $0 | 2.75 | ||
| Everyday Savings - Over $1,000,000 | $1,000,000.01 | 0.00 | ||
| A | Savings Accelerator - $0 - $49,999.99 | $0 | 2.75 | |
| Savings Accelerator - $50k - $149,999.99 | $50,000 | 3.65 | ||
| Savings Accelerator - $150k - $5M | $150,000 | 4.60 | ||
| Savings Accelerator - first 4 mths - $0 - $49,999.99 | $0 | 3.80 | ||
| Savings Accelerator - first 4 mths - $50k - $149,999.99 | $50,000 | 4.70 | ||
| Savings Accelerator - first 4 mths - $150k - $500k | $150,000 | 5.65 | ||
| Savings Accelerator - first 4 mths - $500k - $5M | $500,000 | 4.60 | ||
| Savings Maximiser - base | $0 | 0.01 | ||
| Savings Maximiser - up to $100k | $0 | 5.25 | ||
| Savings Maximiser - over $100k | $100,000.01 | 0.01 | ||
| A+ | Everyday Transaction - up to $250k | $0 | 2.50 | |
| Everyday Transaction - $250k to $2M | $250,000.01 | 2.50 | ||
| Everyday Transaction - over $2M | $2,000,000.01 | 2.50 | ||
| Standard - on first $2M | $0 | 4.75 | ||
| Standard - over $2M | $2,000,000.01 | 2.50 | ||
| Welcome rate - first 4 mths - on first $250k | $0 | 5.10 | ||
| Welcome rate - first 4 mths - $250k to $2M | $250,000 | 4.75 | ||
| Welcome rate - first 4 mths - over $2M | $2,000,000.01 | 2.50 | ||
| AA- | Retirement Account - $1 - $9,999 | $1 | 0.15 | |
| Retirement Account - $10,000 - $49,999 | $10,000 | 1.35 | ||
| Retirement Account - $50,000 - $249,999 | $50,000 | 1.85 | ||
| Retirement Account - $250,000 plus | $250,000 | 2.00 | ||
| Reward - base | $0 | 0.01 | ||
| Reward - bonus | $0 | 4.64 | ||
| Reward - potential | $0 | 4.65 | ||
| iSaver introductory - first 4 mths | $0 | 5.00 | ||
| iSaver standard | $0 | 1.55 | ||
| BBB+ | Everyday | $0 | 0.01 | |
| Online Saver - first 3mths - bonus | $0 | 3.75 | ||
| Online Saver - first 3mths - potential | $0 | 4.75 | ||
| Online Saver - standard | $0 | 1.00 | ||
| Smart Saver - base | $0 | 0.05 | ||
| Smart Saver - bonus | $0 | 4.20 | ||
| Smart Saver - potential | $0 | 4.25 | ||
| Smart Saver U25's - base | $0 | 0.05 | ||
| Smart Saver U25's - bonus - portion <$50,000 | $0 | 5.45 | ||
| Smart Saver U25's - bonus - portion $50k - 100k | $50,000 | 4.70 | ||
| Smart Saver U25's - bonus - portion $100k - 250k | $100,000 | 4.70 | ||
| Smart Saver U25's - bonus - portion $250k & above | $250,000 | 4.45 | ||
| Smart Saver U25's - potential - portion <$50,000 | $0 | 5.50 | ||
| Smart Saver U25's - potential - portion $50k - 100k | $50,000 | 4.75 | ||
| Smart Saver U25's - potential - portion $100k - 250k | $100,000 | 4.75 | ||
| Smart Saver U25's - potential - portion $250k & above | $250,000 | 4.50 | ||
| Special Monthly Interest - portion up to $9,999 | $0 | 0.01 | ||
| Special Monthly Interest - portion $10k - $49,999 | $10,000 | 1.15 | ||
| Special Monthly Interest - portion $50k - $249,999 | $50,000 | 1.55 | ||
| Special Monthly Interest - portion $250,000 plus | $250,000 | 1.80 | ||
| BBB+ | Bonus Saver - base - all balances | $0 | 0.05 | |
| Bonus Saver - bonus - all balances | $0 | 4.45 | ||
| Bonus Saver - potential - all balances | $0 | 4.50 | ||
| General Savings - balance below $50,000 | $0 | 0.00 | ||
| General Savings - balance $50k to $99,999.99 | $50,000 | 0.05 | ||
| General Savings - balance $100k to $249,999.99 | $100,000 | 0.05 | ||
| General Savings - balance $250k to $499,999.99 | $250,000 | 0.05 | ||
| General Savings - balance $500k to $999,999.99 | $500,000 | 0.05 | ||
| General Savings - balance $1,000,000 & over | $1,000,000 | 0.05 | ||
| QSaver - balance below $500,000 | $0 | 4.10 | ||
| QSaver - balance $500,000 & over | $500,000 | 4.20 | ||
| Qantas Points Saver - all balances | $0 | 4.00 | ||
| AA- | Carbon Insights & Sub Accounts - flexiRates * see Term Deposits page for Breakdown* - NO LONGER FOR SALE | $0 | 4.15 | |
| Everyday Options Main & Sub Accounts - flexiRates *see Term Deposits page for Breakdown* | $0 | 4.45 | ||
| Growth Saver - base | $0 | 0.05 | ||
| Growth Saver - bonus | $0 | 4.75 | ||
| Growth Saver - potential | $0 | 4.80 | ||
| Kids Savings - base | $0 | 0.35 | ||
| Kids Savings - bonus | $0 | 3.70 | ||
| Kids Savings - potential | $0 | 4.05 | ||
| BBB+ | Edvest Cash Management - up to $1,999 | $0 | 0.75 | |
| Edvest Cash Management - $2,000 & over | $2,000 | 0.75 | ||
| Essential Saver - portion up to $250k | $0 | 4.25 | ||
| Essential Saver - portion $250,000.01 to $500k | $250,000.01 | 4.25 | ||
| Essential Saver - portion $500,000.01 to $1M | $500,000.01 | 4.25 | ||
| Essential Saver - portion $1M to $5M | $1,000,000.01 | 2.75 | ||
| Essential Saver - portion over $5M | $5,000,000.01 | 2.75 | ||
| Momentum Saver - base | $0 | 0.10 | ||
| Momentum Saver - bonus - portion up to $250k | $0 | 4.75 | ||
| Momentum Saver - bonus - portion $250,000.01 to $500k | $250,000.01 | 4.65 | ||
| Momentum Saver - bonus - portion $500,000.01 to $1M | $500,000.01 | 4.65 | ||
| Momentum Saver - bonus - portion over $1M | $1,000,000 | 4.40 | ||
| Momentum Saver - potential - portion up to $250k | $0 | 4.85 | ||
| Momentum Saver - potential - portion $250,000.01 to $500k | $250,000.01 | 4.75 | ||
| Momentum Saver - potential - portion $500,000.01 to $1M | $500,000.01 | 4.75 | ||
| Momentum Saver - potential - portion over $1M | $1,000,000 | 4.50 | ||
| Pension Advantage - up to $50k | $0 | 2.75 | ||
| Pension Advantage - over $50k | $50,000.01 | 2.75 | ||
| Starter Saver - portion up to $50,000 | $0 | 5.00 | ||
| Starter Saver - portion over $50,000 | $50,000.01 | 4.00 | ||
| AA- | 55+ and Retired - up to $9,999 | $0 | 0.05 | |
| 55+ and Retired - $10,000 - $49,999 | $10,000 | 1.45 | ||
| 55+ and Retired - $50,000 - $249,999 | $50,000 | 1.80 | ||
| 55+ and Retired - $250,000 & over | $250,000 | 2.40 | ||
| Bump - base (standard) | $0 | 1.75 | ||
| Bump - bonus | $0 | 3.05 | ||
| Bump - potential | $0 | 4.80 | ||
| Life - base | $0 | 0.10 | ||
| Life - bonus | $0 | 4.65 | ||
| Life - potential | $0 | 4.75 | ||
| Life - Spend&Save potential - on first $30k | $0 | 5.50 | ||
| eSaver introductory - first 5 mths - Online Only Rate | $0 | 5.00 | ||
| eSaver introductory - first 5 mths - Staff Assisted Rate | $0 | 4.55 | ||
| eSaver standard | $0 | 1.00 |
