Pays 4.80% p.a. total (2.70% base plus 2.10% bonus) as of 18 September 2026. Ranks 62nd of 93 savings accounts tracked by BankMate, 0.06 points below the average of 4.86%. The rate last rose on 15 May 2026, 9 days after the RBA raised the cash rate to 4.35%.
4.80%p.a.
2.70% base + 2.10% bonus · bonus up to $250,000 · unlimited withdrawals · variable
Rate over time
Total rate, conditions met- Savings Accelerator
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Feb 2026: ranked 46 of 46
- Mar 2026: ranked 73 of 74
- Apr 2026: ranked 55 of 88
- May 2026: ranked 56 of 91
- June 2026: ranked 59 of 91
- July 2026: ranked 61 of 92
- Aug 2026: ranked 61 of 92
- Sept 2026: ranked 62 of 93
Feb 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
Mostly outside the top half of accounts over the last 8 months: from #56 of 91 in May 2026 to #46 of 46 in Feb 2026.
Changes
3 on record since 1 Mar 2026- 4.60 → 4.80Base rate · 9 days after the RBA rise to 4.35%+0.20
- 2.75 → 4.60Base and bonus restructured · 44 days after the RBA rise to 4.10%+1.85
- 2.50 → 2.75Base rate · 9 days after the RBA rise to 4.10%+0.25
Conditions for the bonus rate
Checked each month- Balance range
- $0 - $250,000
- Age
- 18+ years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $2M
4.80%$2M+
2.70%Notes from savers
to leave a note.