Savings · Side by side

bankWAW WAW Bonus Saver vs bankWAW WAW Youth Saver

5.20% a year
5.10% a year
vs
These are open to different people: bankWAW WAW Bonus Saver to anyone, bankWAW WAW Youth Saver only to 13 to 25 year olds.
Interest a year on $50,000, with the conditions met
$2,600
5.20% on this balance
$2,550
5.10% on this balance

bankWAW WAW Bonus Saver pays $50 more a year on $50,000 than bankWAW WAW Youth Saver.

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Where they differThe rate (5.20% against 5.10%), the conditions on the bonus and who can open it.

The same on bothNo cap on the top rate and no minimum balance.

bankWAWWAW Bonus Saver
bankWAWWAW Youth Saver
Interest a year without meeting the conditions
on $50,000
$25
at the base rate
$375
at the base rate
+$350 · More without meeting the conditions
Total rate
base plus bonus
5.20%
+0.10 · Higher total rate
5.10%
Base rate
paid whatever you do
0.05%
0.75%
+0.70 · Higher base rate
Bonus rate
5.15%
with the conditions met
+0.80 · Higher bonus rate
4.35%
with the conditions met
What the bonus asks each month
  1. A deposit of at least $250
  2. No withdrawals
  1. A deposit of at least $50
  2. No withdrawals
Who can open it
Anyone
13 to 25 year olds
Rank by total rate
55th of 117
among accounts open to adults
58th of 117
among accounts open to adults
Last rate change
2 Nov 2026
up 0.10
2 Nov 2026
up 0.10

Rates over time

Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.

bankWAW WAW Bonus Saver
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bankWAW WAW Youth Saver
Go to siteMore about this account

As of 9 November 2026, bankWAW WAW Bonus Saver pays 5.20% with its monthly conditions met, and bankWAW WAW Youth Saver pays 5.10% with its monthly conditions met. On $50,000, that's $2,600 against $2,550 a year, $50 more from bankWAW WAW Bonus 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.

Compare all 151 accounts

Other comparisons

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