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St George · Savings account

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Incentive Saver

Pays 5.15% p.a. total (0.01% base plus 5.14% bonus) as of 18 September 2026. Ranks 29th of 93 savings accounts tracked by BankMate, 0.29 points above the average of 4.86%. The rate was last restructured on 31 August 2026.

5.15%p.a.

0.01% base + 5.14% bonus · bonus up to $1,000,000 · unlimited withdrawals · variable

Go to St George

Rate over time

Total rate, conditions met
  • Incentive Saver
  • RBA cash rate
  • Market average
4.004.505.00MarMayJulToday5.15% p.a. today

Position among 93 accounts

By month, end of month
  1. Feb 2026: ranked 13 of 46
  2. Mar 2026: ranked 19 of 74
  3. Apr 2026: ranked 24 of 88
  4. May 2026: ranked 19 of 91
  5. June 2026: ranked 25 of 91
  6. July 2026: ranked 27 of 92
  7. Aug 2026: ranked 27 of 92
  8. Sept 2026: ranked 29 of 93
Feb 2026This month

In the top 50% for every one of the last 8 months.

Changes

3 on record since 1 Mar 2026
  1. 5.15 → 5.15Base and bonus restructured
    0.00
  2. 4.90 → 5.15Bonus rate · 9 days after the RBA rise to 4.35%
    +0.25
  3. 4.65 → 4.90Bonus rate · 9 days after the RBA rise to 4.10%
    +0.25

Conditions for the bonus rate

Checked each month
Balance growth
$50/month
Balance range
$0 - $1,000,000
Age
14+ years

On your balance

Saved with your preferences
Interest this year
Each month
Against the average account (4.86%)
Rate by balance
Up to $1M
5.15%
$1.0M+
5.15%

Notes from savers

to leave a note.