Savings account

bankWAW WAW Bonus Saver

5.20%p.a. total

0.05% base + 5.15% bonus when the conditions are met

66th of 151 savings accounts · market average 4.46%

The RBA raised the cash rate to 4.85% on 4 November. WAW Bonus Saver hasn't moved yet. After the September rise it moved 33 days later.

What the bonus asks

2 things each month
Each month
  1. A deposit of at least $250
  2. No withdrawals
A month without them

Pays the 0.05% base rate on the whole balance.

Who can open it

Anyone

Balance

No balance cap.

Compare all 151 accounts

Rate history

Last change 2 Nov
  • WAW Bonus Saver
  • RBA cash rate
  • Market average
4.505.00SepOctToday5.20% p.a. today

November 20261 change

  1. 2Mon
    • 5.10 → 5.20Bonus rate 5.05% → 5.15% · 33 days after the RBA rise to 4.60%
      +0.10

  1. #34SepSep 2026: ranked 34 of 120
  2. #63OctOct 2026: ranked 63 of 150
  3. #65NowNov 2026: ranked 65 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

In the top 50% for every one of the last 3 months.

A year meeting the conditions
$2,600
A year without meeting the conditions
$25
Against the average (4.46%)
+$371

On a $50,000 balance. Type yours above; it's kept with your savings preferences.

Notes from savers

to leave a note.

Other bankWAW accounts: Star Saver 5.10% · WAW Youth Saver 5.10%

Pays 5.20% p.a. total (0.05% base plus 5.15% bonus) as of 9 November 2026. Ranks 66th of 151 savings accounts tracked by BankMate, 0.74 points above the average of 4.46%. The rate last rose on 2 November 2026, 33 days after the RBA raised the cash rate to 4.60%. From bankWAW's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·