Savings account · 15-35 years
Bank First Strong Start Saver
5.90%p.a. from 24 Nov · 5.65% until then
No bonus conditions: the rate is paid every month
6th of 152 savings accounts · market average 4.47%
The RBA raised the cash rate to 4.85% on 4 November. Strong Start Saver rises to 5.90% on 24 November, as announced. Until then it pays 5.65%.
What it asks
Nothing each month- Each month
Nothing. The rate is paid every month.
- Who can open it
15 to 35 year olds
- Balance
The top rate is paid on balances up to $250,000, from a minimum of $0.
Rate history
Rise announced for 24 Nov- Strong Start Saver
- RBA cash rate
- Market average
November 20261 change
- 24Tue
- 5.65 → 5.90Announced by the bank · rises on this day, 5.65% until then+0.25
October 20261 change
- 16Fri
- 5.40 → 5.65Total rate 5.40% → 5.65% · 16 days after the RBA rise to 4.60%+0.25
- #12SepSep 2026: ranked 12 of 121
- #7OctOct 2026: ranked 7 of 151
- #10NowNov 2026: ranked 10 of 152
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
In the top 10% for every one of the last 3 months.
- Interest a year
- $2,950
- Each month
- $246
- Against the average (4.47%)
- +$714
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Today’s rate, then the rate from 24 Nov, as the bank has announced.
Notes from savers
to leave a note.
Other Bank First accounts: First Home Bonus Saver Account 5.55% · Bonus Saver Account 5.50% · First Saver Account 4.65% · Online Saver Account 0.05%
Pays 5.65% p.a. total as of 10 November 2026, and 5.90% from 24 Nov as announced by the bank. Ranks 6th of 152 savings accounts tracked by BankMate, 1.43 points above the average of 4.47%. The rate last rose on 16 October 2026, 16 days after the RBA raised the cash rate to 4.60%. From Bank First's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·