Pays 4.25% p.a. total (2.00% base plus 2.25% bonus) as of 18 September 2026. Ranks 84th of 93 savings accounts tracked by BankMate, 0.61 points below the average of 4.86%. The rate last rose on 19 May 2026, 13 days after the RBA raised the cash rate to 4.35%.
4.25%p.a.
2.00% base + 2.25% bonus · bonus up to $250,000 · unlimited withdrawals · variable
Rate over time
Total rate, conditions met- HSBC Bonus Savings Account - AUD
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Mar 2026: ranked 65 of 74
- Apr 2026: ranked 79 of 88
- May 2026: ranked 78 of 91
- June 2026: ranked 80 of 91
- July 2026: ranked 83 of 92
- Aug 2026: ranked 83 of 92
- Sept 2026: ranked 84 of 93
Mar 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
Mostly outside the top half of accounts over the last 7 months: from #78 of 91 in May 2026 to #84 of 93 in Sept 2026.
Changes
1 on record since 31 Mar 2026- 4.00 → 4.25Base rate · 13 days after the RBA rise to 4.35%+0.25
Conditions for the bonus rate
Checked each month- Balance growth
- $300/month
- Balance range
- $0 - $250,000
- Age
- 12+ years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $250k
4.25%Notes from savers
to leave a note.