Savings account

Credit Union SA Netsave Account

1.25%p.a. total

No bonus conditions: the rate is paid every month

5.65% for the first 4 months, then 1.25%

140th of 152 savings accounts · market average 4.47%

The RBA raised the cash rate to 4.85% on 4 November. Netsave 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

Balance

No balance cap.

Compare all 152 accounts

Rate history

No change since tracking began on 25 Sep
  • Netsave Account
  • RBA cash rate
  • Market average
1.002.003.004.005.00SepOctToday1.25% p.a. today

No changes recorded for this account since tracking began on 25 September 2026.

  1. #113SepSep 2026: ranked 113 of 121
  2. #139OctOct 2026: ranked 139 of 151
  3. #140NowNov 2026: ranked 140 of 152
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

Mostly outside the top half of accounts over the last 3 months: from #139 of 151 in Oct 2026 to #113 of 121 in Sep 2026.

Interest a year
$625
Each month
$52
Against the average (4.47%)
−$1,611

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

An introductory interest rate is applied when a member opens a new Netsave account. The introductory interest is applied for the first 4 months as well as the variable base interest rate. After the first 4 months the only interest received is the base rate.

Notes from savers

to leave a note.

Other Credit Union SA accounts: Children's Savings Account 4.60% · Bonus Savings Account 3.75%

Pays 1.25% p.a. with no bonus conditions as of 10 November 2026. Ranks 140th of 152 savings accounts tracked by BankMate, 3.22 points below the average of 4.47%. It has not changed since tracking began on 25 September 2026. From Credit Union SA's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·