Savings account · 13+ years
MyState Bonus Saver
5.25%p.a. total
0.00% base + 5.25% bonus when the conditions are met
The RBA raised the cash rate to 4.60% on 30 September. Bonus Saver moved on 8 October, 8 days later.
What the bonus asks
2 things each month- Each month
- A deposit of at least $20
- 5 card purchases
- A month without them
Pays the 0.00% base rate on the whole balance.
- Who can open it
Anyone 13 or over
- Balance
The bonus is paid on balances up to $500,000.
Rate history
Last change 8 Oct- Bonus Saver
- RBA cash rate
- Market average
October 20261 change
- 8Thu
- 5.00 → 5.25Bonus rate 5.00% → 5.25% · 8 days after the RBA rise to 4.60%+0.25
May 20261 change
- 14Thu
- 4.75 → 5.00Bonus rate 4.75% → 5.00% · 8 days after the RBA rise to 4.35%+0.25
- A year meeting the conditions
- $2,625
- A year without meeting the conditions
- $0
- Against the average (4.37%)
- +$441
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Up to $500k5.25%
$500k+0.00%
Notes from savers
to leave a note.
Other MyState accounts: Hello Saver account 5.25%
BankMate no longer tracks this account. Its figures are as BankMate last read them, on 1 November 2026. Compare savings accounts ·