Savings account · 13+ years
Bank Australia Online Saver
4.85%p.a. from 19 Nov · 4.60% until then
No bonus conditions: the rate is paid every month
84th of 151 savings accounts · market average 4.46%
The RBA raised the cash rate to 4.85% on 4 November. Online Saver rises to 4.85% on 19 November, as announced. Until then it pays 4.60%.
What it asks
Nothing each month- Each month
Nothing. The rate is paid every month.
- Who can open it
Anyone 13 or over
- Balance
The top rate is paid on balances up to $500,000.
Rate history
Rise announced for 19 Nov- Online Saver
- RBA cash rate
- Market average
November 20261 change
- 19Thu
- 4.60 → 4.85Announced by the bank · rises on this day, 4.60% until then+0.25
October 20261 change
- 15Thu
- 4.35 → 4.60Total rate 4.35% → 4.60% · 15 days after the RBA rise to 4.60%+0.25
- #84SepSep 2026: ranked 84 of 120
- #87OctOct 2026: ranked 87 of 150
- #91NowNov 2026: ranked 91 of 151
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
Mostly outside the top half of accounts over the last 3 months: from #87 of 150 in Oct 2026 to #84 of 120 in Sep 2026.
- Interest a year
- $2,425
- Each month
- $202
- Against the average (4.46%)
- +$196
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Today’s rate, then the rate from 19 Nov, as the bank has announced.
A flexible online savings accounts which allows you to bucket your savings goals.
Notes from savers
to leave a note.
Other Bank Australia accounts: mySaver 5.60% · Bonus Saver 5.60%
Pays 4.60% p.a. total as of 9 November 2026, and 4.85% from 19 Nov as announced by the bank. Ranks 84th of 151 savings accounts tracked by BankMate, 0.39 points above the average of 4.46%. The rate last rose on 15 October 2026, 15 days after the RBA raised the cash rate to 4.60%. From Bank Australia's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·