These are open to different people: BankSA Incentive Saver to anyone 14 or over, BankSA Maxi Saver to anyone 18 or over.
Interest a year on $50,000, with the conditions met
$2,700$2,700
5.40% on this balance
$625$625
1.25% on this balance
BankSA Incentive Saver pays $2,075 more a year on $50,000 than BankSA Maxi Saver.
Drag to try another balance
Where they differThe rate (5.40% against 1.25%), the conditions on the bonus, how much of a balance the top rate covers, the intro rate and who can open it.
The same on bothNo minimum balance.
BBankSAIncentive Saver
BBankSAMaxi Saver
Figure by figure
Interest a year without meeting the conditions
on $50,000
$5
at the base rate
$625
No conditions to miss
+$620 · More without meeting the conditions
Total rate
base plus bonus
5.40%
+4.15 · Higher total rate
1.25%
Base rate
paid whatever you do
0.01%
1.25%
the whole rate
+1.24 · Higher base rate
Bonus rate
5.39%
with the conditions met
+5.39 · Higher bonus rate
None
one rate, nothing to do
Top rate paid up to
$1M
No cap
Covers all of it · Covers more of a balance
What the bonus asks each month
A deposit
A balance at least $50 higher than it started
Nothing
Intro rate
for new accounts
None
5.60%
for 3 months
Who can open it
Anyone 14 or over
1480+
Anyone 18 or over
1880+
Rank by total rate
23rd of 117
among accounts open to adults
105th of 117
among accounts open to adults
Last rate change
9 Oct 2026
up 0.25
No change
since 25 Sep 2026
Rates over time
Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.
As of 1 November 2026, BankSA Incentive Saver pays 5.40% with its monthly conditions met, and BankSA Maxi Saver pays 1.25% with nothing to do each month. On $50,000, that's $2,700 against $625 a year, $2,075 more from BankSA Incentive Saver. 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.
