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Savings · Side by side

Bank Australia mySaver vs Bank Australia Online Saver

vs
These are open to different people: Bank Australia mySaver only to anyone under 25, Bank Australia Online Saver to anyone 13 or over.
Interest a year on $50,000, with the conditions met
$2,675
5.35% on this balance
$2,300
4.60% on this balance

Bank Australia mySaver pays $375 more a year on $50,000 than Bank Australia Online Saver.

Drag to try another balance

Where they differThe rate (5.35% against 4.60%), the conditions on the bonus, how much of a balance the top rate covers and who can open it.

The same on bothNo minimum balance.

Bank AustraliamySaver
Bank AustraliaOnline Saver
Interest a year without meeting the conditions
on $50,000
$50
at the base rate
$2,300
No conditions to miss
+$2,250 · More without meeting the conditions
Total rate
base plus bonus
5.35%
+0.75 · Higher total rate
4.60%
Base rate
paid whatever you do
0.10%
4.60%
the whole rate
+4.50 · Higher base rate
Bonus rate
5.25%
with the conditions met
+5.25 · Higher bonus rate
None
one rate, nothing to do
Top rate paid up to
$50k
$500k
+$450k · Covers more of a balance
What the bonus asks each month
  1. A deposit of at least $10
  2. No withdrawals
Nothing
Who can open it
Anyone under 25
Anyone 13 or over
Rank by total rate
26th of 117
among accounts open to adults
73rd 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.

Bank Australia mySaver
Go to siteMore about this account
Bank Australia Online Saver
Go to siteMore about this account

As of 2 November 2026, Bank Australia mySaver pays 5.35% with its monthly conditions met, and Bank Australia Online Saver pays 4.60% with nothing to do each month. On $50,000, that's $2,675 against $2,300 a year, $375 more from Bank Australia mySaver. 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.

Compare all 151 accounts

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A savings account against a term depositWhat each pays over the same term on your balance