Savings account · 18+ years
Police Bank Bonus Saver Account
4.80%p.a. total
0.05% base + 4.75% bonus when the conditions are met
83rd of 151 savings accounts · market average 4.37%
The RBA raised the cash rate to 4.60% on 30 September. Bonus Saver Account moved on 1 November, 32 days later.
What the bonus asks
2 things each month- Each month
- A deposit of at least $100
- No withdrawals
- A month without them
Pays the 0.05% base rate on the whole balance.
- Who can open it
Anyone 18 or over
- Balance
No balance cap.
Rate history
Last change 1 Nov- Bonus Saver Account
- RBA cash rate
- Market average
November 20261 change
- 1Sun
- 4.55 → 4.80Bonus rate 4.50% → 4.75% · 32 days after the RBA rise to 4.60%+0.25
June 20261 change
- 2Tue
- 4.30 → 4.55Bonus rate 4.25% → 4.50% · 27 days after the RBA rise to 4.35%+0.25
- #50MarMar 2026: ranked 50 of 64
- #59AprApr 2026: ranked 59 of 76
- #66MayMay 2026: ranked 66 of 79
- #61JunJune 2026: ranked 61 of 79
- #62JulJuly 2026: ranked 62 of 80
- #62AugAug 2026: ranked 62 of 80
- #75SepSep 2026: ranked 75 of 120
- #81OctOct 2026: ranked 81 of 150
- #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 9 months: from #81 of 150 in Oct 2026 to #66 of 79 in May 2026.
- A year meeting the conditions
- $2,400
- A year without meeting the conditions
- $25
- Against the average (4.37%)
- +$216
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Notes from savers
to leave a note.
Other Police Bank accounts: U30 SUPER CHARGE Account 5.50% · Savings Plus Account 0.90%
Pays 4.80% p.a. total (0.05% base plus 4.75% bonus) as of 1 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 1 November 2026, 32 days after the RBA raised the cash rate to 4.60%. From Police Bank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·