BankMate

Savings account · 14+ years

Virgin Money Boost Saver

5.30%p.a. total

0.05% base + 5.25% bonus when the conditions are met

41st of 151 savings accounts · market average 4.37%

Go to Virgin MoneyCompare with another account

The RBA raised the cash rate to 4.60% on 30 September. Virgin Money Boost Saver moved on 23 October, 23 days later.

What the bonus asks

2 things each month
Each month
  1. A deposit of at least $1,000
  2. 5 card purchases
A month without them

Pays the 0.05% base rate on the whole balance.

Who can open it

Anyone 14 or over

Balance

The bonus is paid on balances up to $250,000.

Compare all 151 accounts

Rate history

Last change 23 Oct
  • Virgin Money Boost Saver
  • RBA cash rate
  • Market average
3.504.004.505.005.50MarMayJulSepToday5.30% p.a. today

October 20261 change

  1. 23Fri
    • 4.50 → 5.80Bonus rate 4.45% → 5.75% · 23 days after the RBA rise to 4.60%
      +1.30

July 20261 change

  1. 16Thu
    • 4.25 → 4.50Bonus rate 4.20% → 4.45%
      +0.25

March 20261 change

  1. 28Sat
    • 4.00 → 4.25Bonus rate 3.95% → 4.20% · 10 days after the RBA rise to 4.10%
      +0.25

  1. #41FebFeb 2026: ranked 41 of 42
  2. #58MarMar 2026: ranked 58 of 64
  3. #68AprApr 2026: ranked 68 of 76
  4. #71MayMay 2026: ranked 71 of 79
  5. #71JunJune 2026: ranked 71 of 79
  6. #71JulJuly 2026: ranked 71 of 80
  7. #71AugAug 2026: ranked 71 of 80
  8. #93SepSep 2026: ranked 93 of 120
  9. #40OctOct 2026: ranked 40 of 150
  10. #41NowNov 2026: ranked 41 of 151
  • Top 5%
  • Top 10%
  • Top 25%
  • Top half
  • Lower half

Mostly outside the top half of accounts over the last 10 months: from #40 of 150 in Oct 2026 to #41 of 42 in Feb 2026.

A year meeting the conditions
$2,650
A year without meeting the conditions
$25
Against the average (4.37%)
+$466

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

Up to $250k5.30%
$250k+0.05%

Virgin Money Boost Saver, bundled with a Go Account. Bonus interest is paid for any month in which you deposit $1,000 or more from another bank into your Go Account and make at least 5 settled purchases, direct debits or BPAY payments from it, on balances up to $250,000. Withdrawals don't cost you the bonus. Turning on Lock Saver (32 days' notice to withdraw, 18 and over) adds 0.50%, listed as its own account. Under 18s get the bonus with no monthly conditions.

Notes from savers

to leave a note.

Other Virgin Money accounts: Virgin Money Boost Saver with Lock Saver 5.80% · Virgin Money Grow Saver 3.05%

Pays 5.30% p.a. total (0.05% base plus 5.25% bonus) as of 1 November 2026. Ranks 41st of 151 savings accounts tracked by BankMate, 0.93 points above the average of 4.37%. The rate last rose on 23 October 2026, 23 days after the RBA raised the cash rate to 4.60%. From Virgin Money's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·