Savings account · 18+ years
Bank First Online Saver Account
0.05%p.a. total
No bonus conditions: the rate is paid every month
148th of 152 savings accounts · market average 4.23%
The RBA raised the cash rate to 4.60% on 30 September. Online Saver Account hasn't moved yet.
What it asks
Nothing each month- Each month
Nothing. The rate is paid every month.
- Who can open it
Anyone 18 or over
- Balance
The top rate is paid on balances up to $2,000.
Rate history
No change since tracking began on 7 Oct- Online Saver Account
- RBA cash rate
- Market average
No rate changes recorded for this account since tracking began on 7 October 2026.
- #148NowOct 2026: ranked 148 of 152
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
Ranked #148 of 152 this month. Tracking begins here.
- Interest a year
- $1,825
- Each month
- $152
- Against the average (4.23%)
- −$289
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
On $50,000: 0.05% to $2k, then 3.80%.
Notes from savers
to leave a note.
Other Bank First accounts: Strong Start Saver 5.65% · First Home Bonus Saver Account 5.30% · Bonus Saver Account 5.25% · First Saver Account 4.40%
Pays 0.05% p.a. with no bonus conditions as of 7 October 2026. Ranks 148th of 152 savings accounts tracked by BankMate, 4.18 points below the average of 4.23%. It has not changed since tracking began on 7 October 2026. From Bank First's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·