BankMate

Savings account · 18-24 years

Great Southern Bank Goal Saver

5.60%p.a. total

0.50% base + 5.10% bonus when the conditions are met

12th of 151 savings accounts · market average 4.37%

Go to Great Southern BankCompare with another accountCompare with Great Southern Bank's term deposit

The RBA raised the cash rate to 4.60% on 30 September. Goal Saver moved on 27 October, 27 days later.

What the bonus asks

2 things each month
Each month
  1. A deposit of at least $500
  2. 5 card purchases
A month without them

Pays the 0.50% base rate on the whole balance.

Who can open it

18 to 24 year olds

Balance

The bonus is paid on balances up to $50,000.

Compare all 151 accounts

Rate history

Last change 27 Oct
  • Goal Saver
  • RBA cash rate
  • Market average
4.004.505.005.50MarMayJulSepToday5.60% p.a. today

October 20261 change

  1. 27Tue
    • 5.35 → 5.60Bonus rate 4.85% → 5.10% · 27 days after the RBA rise to 4.60%
      +0.25

May 20261 change

  1. 22Fri
    • 5.10 → 5.35Bonus rate 4.60% → 4.85% · 16 days after the RBA rise to 4.35%
      +0.25

April 20261 change

  1. 3Fri
    • 4.85 → 5.10Bonus rate 4.35% → 4.60% · 16 days after the RBA rise to 4.10%
      +0.25

  1. #4FebFeb 2026: ranked 4 of 42
  2. #18MarMar 2026: ranked 18 of 64
  3. #9AprApr 2026: ranked 9 of 76
  4. #5MayMay 2026: ranked 5 of 79
  5. #7JunJune 2026: ranked 7 of 79
  6. #8JulJuly 2026: ranked 8 of 80
  7. #8AugAug 2026: ranked 8 of 80
  8. #13SepSep 2026: ranked 13 of 120
  9. #11OctOct 2026: ranked 11 of 150
  10. #12NowNov 2026: ranked 12 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

In the top 10% for 7 of the last 10 months. Never below the top 50%.

A year meeting the conditions
$2,800
A year without meeting the conditions
$250
Against the average (4.37%)
+$616

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

Up to $50k5.60%
$50k+0.50%

Deposit $500 in Everyday Edge account and make 5 card transactions to earn bonus. Bonus up to $50k.

Notes from savers

to leave a note.

Other Great Southern Bank accounts: Youth eSaver 5.75% · Home Saver 5.50% · Future Saver 5.10% · Everyday Saver 5.05%

Pays 5.60% p.a. total (0.50% base plus 5.10% bonus) as of 2 November 2026. Ranks 12th of 151 savings accounts tracked by BankMate, 1.23 points above the average of 4.37%. The rate last rose on 27 October 2026, 27 days after the RBA raised the cash rate to 4.60%. From Great Southern Bank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·