BankMate

Savings account · 12+ years

MoveBank Online Saver

4.80%p.a. total

No bonus conditions: the rate is paid every month

83rd 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. Online Saver moved on 15 October, 15 days later.

What it asks

Nothing each month
Each month

Nothing. The rate is paid every month.

Who can open it

Anyone 12 or over

Balance

The top rate is paid on balances up to $2,000,000.

Compare all 151 accounts

Rate history

Last change 15 Oct
  • Online Saver
  • RBA cash rate
  • Market average
3.504.004.505.00MarMayJulSepToday4.80% p.a. today

October 20261 change

  1. 15Thu
    • 4.70 → 4.80Total rate 4.70% → 4.80% · 15 days after the RBA rise to 4.60%
      +0.10

June 20261 change

  1. 2Tue
    • 4.15 → 4.70Total rate 4.15% → 4.70% · 27 days after the RBA rise to 4.35%
      +0.55

April 20261 change

  1. 2Thu
    • 3.90 → 4.15Total rate 3.90% → 4.15% · 15 days after the RBA rise to 4.10%
      +0.25

March 20261 change

  1. 23Mon
    • 3.65 → 3.90Total rate 3.65% → 3.90% · 5 days after the RBA rise to 4.10%
      +0.25

  1. #40FebFeb 2026: ranked 40 of 42
  2. #57MarMar 2026: ranked 57 of 64
  3. #63AprApr 2026: ranked 63 of 76
  4. #68MayMay 2026: ranked 68 of 79
  5. #58JunJune 2026: ranked 58 of 79
  6. #59JulJuly 2026: ranked 59 of 80
  7. #59AugAug 2026: ranked 59 of 80
  8. #72SepSep 2026: ranked 72 of 120
  9. #81OctOct 2026: ranked 81 of 150
  10. #83NowNov 2026: ranked 83 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

Mostly outside the top half of accounts over the last 10 months: from #81 of 150 in Oct 2026 to #40 of 42 in Feb 2026.

Interest a year
$2,400
Each month
$200
Against the average (4.37%)
+$216

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

No hoops. No paper statements. $2,000,000 max balance.

Notes from savers

to leave a note.

Other MoveBank accounts: Growth Saver 5.65% · Bonus Saver 5.35%

Pays 4.80% p.a. with no bonus conditions as of 2 November 2026. Ranks 83rd of 151 savings accounts tracked by BankMate, 0.43 points above the average of 4.37%. The rate last rose on 15 October 2026, 15 days after the RBA raised the cash rate to 4.60%. From MoveBank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·