Savings account · 18+ years

Woolworths Team Bank Bonus Saver Account

4.90%p.a. total

0.10% base + 4.80% bonus when the conditions are met

83rd of 151 savings accounts · market average 4.46%

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

What the bonus asks

2 things each month
Each month
  1. A deposit of at least $100
  2. No withdrawals
A month without them

Pays the 0.10% base rate on the whole balance.

Who can open it

Anyone 18 or over

Balance

The bonus is paid on balances up to $100,000.

Compare all 151 accounts

Rate history

No change since tracking began on 24 Sep
  • Bonus Saver Account
  • RBA cash rate
  • Market average
4.254.504.755.00SepOctToday4.90% p.a. today

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

  1. #64SepSep 2026: ranked 64 of 120
  2. #80OctOct 2026: ranked 80 of 150
  3. #81NowNov 2026: ranked 81 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 #64 of 120 in Sep 2026 to #81 of 151 in Nov 2026.

A year meeting the conditions
$2,450
A year without meeting the conditions
$50
Against the average (4.46%)
+$221

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

Up to $100k4.90%
$100k+0.10%

Notes from savers

to leave a note.

Pays 4.90% p.a. total (0.10% base plus 4.80% bonus) as of 9 November 2026. Ranks 83rd of 151 savings accounts tracked by BankMate, 0.44 points above the average of 4.46%. It has not changed since tracking began on 24 September 2026. From Woolworths Team Bank's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·