Savings · Side by side
Bank Australia Bonus Saver vs Bank Australia mySaver
vs
These are open to different people: Bank Australia Bonus Saver to anyone 13 or over, Bank Australia mySaver only to anyone under 25.
Interest a year on $50,000, with the conditions met
$2,675
5.35% on this balance
$2,675
5.35% on this balance
Both pay $2,675 a year on $50,000.
Drag to try another balance
Where they differHow much of a balance the top rate covers, the conditions on the bonus, the intro rate and who can open it.
The same on both$50 a year without meeting the conditions, a 5.35% rate, a 0.10% base rate, a 5.25% bonus and no minimum balance.
Bank AustraliaBonus Saver
Bank AustraliamySaver
Figure by figure
Top rate paid up to
$100k
+$50k · Covers more of a balance
$50k
What the bonus asks each month
- A deposit of at least $100
- No withdrawals
- A deposit of at least $10
- No withdrawals
Intro rate
for new accounts
5.85%
for 3 months
None
Who can open it
Anyone 13 or over
Anyone under 25
Rank by total rate
26th of 117
among accounts open to adults
26th of 117
among accounts open to adults
Last rate change
15 Oct 2026
up 0.25
15 Oct 2026
up 0.25
Rates over time
Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.
As of 2 November 2026, Bank Australia Bonus Saver pays 5.35% with its monthly conditions met, and Bank Australia mySaver pays 5.35% with its monthly conditions met. On $50,000, that's $2,675 against $2,675 a year. Figures are the banks' published rates, worked out on the balance above. Each row says which figure is higher; it doesn't say which account suits you.
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