BankMate

Savings account

Beyond Bank Purple Bonus Saver

4.90%p.a. total

0.01% base + 4.89% bonus when the conditions are met

81st of 151 savings accounts · market average 4.37%

Go to Beyond BankCompare with another accountCompare with Beyond Bank's term deposit

The RBA raised the cash rate to 4.60% on 30 September. Purple Bonus Saver moved on 13 October, 13 days later.

What the bonus asks

2 things each month
Each month
  1. A deposit of at least $50
  2. No withdrawals
A month without them

Pays the 0.01% base rate on the whole balance.

Who can open it

Anyone

Balance

The bonus is paid on balances up to $200,000.

Compare all 151 accounts

Rate history

Last change 13 Oct
  • Purple Bonus Saver
  • RBA cash rate
  • Market average
4.004.505.00AprJunAugOctToday4.90% p.a. today

October 20261 change

  1. 13Tue
    • 4.65 → 4.90Bonus rate 4.64% → 4.89% · 13 days after the RBA rise to 4.60%
      +0.25

May 20261 change

  1. 19Tue
    • 4.40 → 4.65Bonus rate 4.39% → 4.64% · 13 days after the RBA rise to 4.35%
      +0.25

March 20261 change

  1. 31Tue
    • 4.15 → 4.40Bonus rate 4.14% → 4.39% · 13 days after the RBA rise to 4.10%
      +0.25

  1. #47MarMar 2026: ranked 47 of 64
  2. #54AprApr 2026: ranked 54 of 76
  3. #56MayMay 2026: ranked 56 of 79
  4. #59JunJune 2026: ranked 59 of 79
  5. #60JulJuly 2026: ranked 60 of 80
  6. #60AugAug 2026: ranked 60 of 80
  7. #73SepSep 2026: ranked 73 of 120
  8. #79OctOct 2026: ranked 79 of 150
  9. #81NowNov 2026: ranked 81 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

Mostly outside the top half of accounts over the last 9 months: from #79 of 150 in Oct 2026 to #60 of 80 in July 2026.

A year meeting the conditions
$2,450
A year without meeting the conditions
$5
Against the average (4.37%)
+$266

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

Up to $200k4.90%
$200k+0.02%

Notes from savers

to leave a note.

Other Beyond Bank accounts: BU Account 3.35%

Pays 4.90% p.a. total (0.01% base plus 4.89% bonus) as of 2 November 2026. Ranks 81st of 151 savings accounts tracked by BankMate, 0.53 points above the average of 4.37%. The rate last rose on 13 October 2026, 13 days after the RBA raised the cash rate to 4.60%. From Beyond Bank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·