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Australian Military Bank · Savings account

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Online Saver

Pays 4.85% p.a. total (0.10% base plus 4.75% bonus) as of 18 September 2026. Ranks 60th of 93 savings accounts tracked by BankMate, 0.01 points below the average of 4.86%. The rate last rose on 1 June 2026, 26 days after the RBA raised the cash rate to 4.35%.

4.85%p.a.

0.10% base + 4.75% bonus · bonus up to $500,000 · variable

Go to Australian Military Bank

Rate over time

Total rate, conditions met
  • Online Saver
  • RBA cash rate
  • Market average
4.004.505.00MarMayJulToday4.85% p.a. today

Position among 93 accounts

By month, end of month
  1. Feb 2026: ranked 41 of 46
  2. Mar 2026: ranked 55 of 74
  3. Apr 2026: ranked 66 of 88
  4. May 2026: ranked 50 of 91
  5. June 2026: ranked 57 of 91
  6. July 2026: ranked 59 of 92
  7. Aug 2026: ranked 59 of 92
  8. Sept 2026: ranked 60 of 93
Feb 2026This month

Mostly outside the top half of accounts over the last 8 months: from #50 of 91 in May 2026 to #41 of 46 in Feb 2026.

Changes

3 on record since 28 Feb 2026
  1. 4.60 → 4.85Bonus rate · 26 days after the RBA rise to 4.35%
    +0.25
  2. 4.35 → 4.60Bonus rate · 45 days after the RBA rise to 4.10%
    +0.25
  3. 4.10 → 4.35Bonus rate · 26 days after the RBA rise to 3.85%
    +0.25

Conditions for the bonus rate

Checked each month
Withdrawals
Not allowed
Balance range
$0 - $500,000
Age
11+ 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
4.85%
$500k+
0.10%

Notes from savers

to leave a note.