Pays 3.20% p.a. total (0.00% base plus 3.20% bonus) as of 18 September 2026. Ranks 91st of 93 savings accounts tracked by BankMate, 1.66 points below the average of 4.86%. The rate last rose on 29 May 2026, 23 days after the RBA raised the cash rate to 4.35%.
3.20%p.a.
0.00% base + 3.20% bonus · bonus up to $1,000,000 · variable
Rate over time
Total rate, conditions met- Reward Saver Account
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Mar 2026: ranked 71 of 74
- Apr 2026: ranked 85 of 88
- May 2026: ranked 88 of 91
- June 2026: ranked 89 of 91
- July 2026: ranked 90 of 92
- Aug 2026: ranked 90 of 92
- Sept 2026: ranked 91 of 93
Mar 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
Mostly outside the top half of accounts over the last 7 months: from #71 of 74 in Mar 2026 to #91 of 93 in Sept 2026.
Changes
1 on record since 27 Mar 2026- 3.00 → 3.20Bonus rate · 23 days after the RBA rise to 4.35%+0.20
Conditions for the bonus rate
Checked each month- Monthly deposits
- $50/month
- Withdrawals
- Not allowed
- Balance range
- $0 - $1,000,000
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $1M
3.20%$1M+
0.00%Notes from savers
to leave a note.