Pays 5.25% p.a. total (0.20% base plus 5.05% bonus) as of 18 September 2026. Ranks 17th of 93 savings accounts tracked by BankMate, 0.39 points above the average of 4.86%. The rate last rose on 2 June 2026, 27 days after the RBA raised the cash rate to 4.35%.
5.25%p.a.
0.20% base + 5.05% bonus · unlimited withdrawals · variable
Rate over time
Total rate, conditions met- Savvy Saver Account
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Mar 2026: ranked 31 of 74
- Apr 2026: ranked 11 of 88
- May 2026: ranked 23 of 91
- June 2026: ranked 13 of 91
- July 2026: ranked 15 of 92
- Aug 2026: ranked 15 of 92
- Sept 2026: ranked 17 of 93
Mar 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
In the top 25% for 5 of the last 7 months. Never below the top 50%.
Changes
2 on record since 23 Mar 2026- 5.10 → 5.25Bonus rate · 27 days after the RBA rise to 4.35%+0.15
- 4.75 → 5.10Bonus rate · 15 days after the RBA rise to 4.10%+0.35
Conditions for the bonus rate
Checked each month- Debit card use
- 5+/month
- Monthly deposits
- $500/month
- Age
- 18+ years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
$0+
5.25%Notes from savers
to leave a note.