BankMate

Savings account · 12+ years

MoveBank Growth Saver

5.65%p.a. total

0.10% base + 5.55% bonus when the conditions are met

7th 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. Growth 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 $25,000.

Compare all 151 accounts

Rate history

Last change 2 June
  • Growth Saver
  • RBA cash rate
  • Market average
4.004.505.005.50MarMayJulSepToday5.65% p.a. today

June 20261 change

  1. 2Tue
    • 5.40 → 5.65Bonus rate 5.30% → 5.55% · 27 days after the RBA rise to 4.35%
      +0.25

April 20261 change

  1. 1Wed
    • 5.15 → 5.40Bonus rate 5.05% → 5.30% · 14 days after the RBA rise to 4.10%
      +0.25

March 20261 change

  1. 23Mon
    • 4.75 → 5.15Bonus rate 4.65% → 5.05% · 5 days after the RBA rise to 4.10%
      +0.40

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

In the top 5% for 9 of the last 10 months. Never below the top 25%.

A year meeting the conditions
$1,437
A year without meeting the conditions
$50
Against the average (4.37%)
−$746

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

On $50,000: 5.65% to $25k, then 0.10%.

Up to $25k5.65%
$25k+0.10%

Notes from savers

to leave a note.

Other MoveBank accounts: Bonus Saver 5.35% · Online Saver 4.80%

Pays 5.65% p.a. total (0.10% base plus 5.55% bonus) as of 1 November 2026. Ranks 7th of 151 savings accounts tracked by BankMate, 1.28 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 ·