BankMate

Savings account · 12+ years

MoveBank Bonus Saver

5.35%p.a. total

0.10% base + 5.25% bonus when the conditions are met

29th of 151 savings accounts · market average 4.37%

Go to MoveBankCompare with another accountCompare with MoveBank's term deposit

The RBA raised the cash rate to 4.60% on 30 September. Bonus Saver hasn't moved yet. After the May rise it moved 27 days later.

What the bonus asks

2 things each month
Each month
  1. A deposit of at least $200
  2. No withdrawals
A month without them

Pays the 0.10% base rate on the whole balance.

Who can open it

Anyone 12 or over

Balance

The bonus is paid on balances up to $250,000.

Compare all 151 accounts

Rate history

Last change 2 June
  • Bonus Saver
  • RBA cash rate
  • Market average
4.004.505.005.50MarMayJulSepToday5.35% p.a. today

June 20261 change

  1. 2Tue
    • 5.00 → 5.35Bonus rate 4.90% → 5.25% · 27 days after the RBA rise to 4.35%
      +0.35

April 20261 change

  1. 1Wed
    • 4.75 → 5.00Bonus rate 4.65% → 4.90% · 14 days after the RBA rise to 4.10%
      +0.25

March 20261 change

  1. 23Mon
    • 4.25 → 4.75Bonus rate 4.15% → 4.65% · 5 days after the RBA rise to 4.10%
      +0.50

  1. #32FebFeb 2026: ranked 32 of 42
  2. #10MarMar 2026: ranked 10 of 64
  3. #14AprApr 2026: ranked 14 of 76
  4. #33MayMay 2026: ranked 33 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. #28OctOct 2026: ranked 28 of 150
  10. #29NowNov 2026: ranked 29 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

In the top 25% for 8 of the last 10 months. Its lowest was #32 of 42 in Feb 2026.

A year meeting the conditions
$2,675
A year without meeting the conditions
$50
Against the average (4.37%)
+$491

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

Up to $250k5.35%
$250k+0.10%

Notes from savers

to leave a note.

Other MoveBank accounts: Growth Saver 5.65% · Online Saver 4.80%

Pays 5.35% p.a. total (0.10% base plus 5.25% bonus) as of 1 November 2026. Ranks 29th of 151 savings accounts tracked by BankMate, 0.98 points above the average of 4.37%. The rate last rose on 2 June 2026, 27 days after the RBA raised the cash rate to 4.35%. From MoveBank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·