Savings account · 18+ years

Police Bank Savings Plus Account

0.90%p.a. total

No bonus conditions: the rate is paid every month

144th of 151 savings accounts · market average 4.46%

The RBA raised the cash rate to 4.85% on 4 November. Savings Plus Account hasn't moved yet.

What it asks

Nothing each month
Each month

Nothing. The rate is paid every month.

Who can open it

Anyone 18 or over

Balance

The top rate is paid on balances up to $49,999.

Compare all 151 accounts

Rate history

No change since tracking began on 24 Sep
  • Savings Plus Account
  • RBA cash rate
  • Market average
2.004.00SepOctToday0.90% p.a. today

No changes recorded for this account since tracking began on 24 September 2026.

  1. #117SepSep 2026: ranked 117 of 120
  2. #143OctOct 2026: ranked 143 of 150
  3. #144NowNov 2026: ranked 144 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

Mostly outside the top half of accounts over the last 3 months: from #143 of 150 in Oct 2026 to #117 of 120 in Sep 2026.

Interest a year
$450
Each month
$37
Against the average (4.46%)
−$1,779

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

Up to $50.0k0.90%
$50k – $100.0k1.90%
$100k – $250.0k4.65%
$250k+0.40%

This high interest rate savings account helps you to earn more on your money. You can manage this account through internet & mobile banking and our app, however you can't access to your funds via a VISA debit card.

Notes from savers

to leave a note.

Other Police Bank accounts: U30 SUPER CHARGE Account 5.50% · Bonus Saver Account 4.80%

Pays 0.90% p.a. with no bonus conditions as of 9 November 2026. Ranks 144th of 151 savings accounts tracked by BankMate, 3.56 points below the average of 4.46%. It has not changed since tracking began on 24 September 2026. From Police Bank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·