Savings · Side by side
Greater Bank Bonus Saver vs Greater Bank Life Saver
vs
These are open to different people: Greater Bank Bonus Saver to anyone 18 or over, Greater Bank Life Saver only to anyone under 26.
Interest a year on $50,000, with the conditions met
$2,125
4.25% on this balance
$2,750
5.50% on this balance
Greater Bank Life Saver pays $625 more a year on $50,000 than Greater Bank Bonus Saver.
Drag to try another balance
Where they differThe rate (4.25% against 5.50%), the conditions on the bonus and who can open it.
The same on bothNo cap on the top rate and no minimum balance.
Greater BankBonus Saver
Greater BankLife Saver
Figure by figure
Interest a year without meeting the conditions
on $50,000
$0
at the base rate
$2,750
No conditions to miss
+$2,750 · More without meeting the conditions
Total rate
base plus bonus
4.25%
5.50%
+1.25 · Higher total rate
Base rate
paid whatever you do
0.00%
5.50%
the whole rate
+5.50 · Higher base rate
Bonus rate
4.25%
with the conditions met
+4.25 · Higher bonus rate
None
one rate, nothing to do
What the bonus asks each month
- A deposit
- No withdrawals
Nothing
Who can open it
Anyone 18 or over
Anyone under 26
Rank by total rate
85th of 117
among accounts open to adults
16th of 117
among accounts open to adults
Last rate change
9 Oct 2026
up 0.25
9 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, Greater Bank Bonus Saver pays 4.25% with its monthly conditions met, and Greater Bank Life Saver pays 5.50% with nothing to do each month. On $50,000, that's $2,125 against $2,750 a year, $625 more from Greater Bank Life 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.
Other comparisons
Macquarie Savings Account vs ubank Save accountUp Saver vs ubank Save accountCommBank GoalSaver vs CommBank NetBank SaverBankwest Easy Saver vs Bankwest Hero SaverSt George Incentive Saver vs St George Maxi SaverNAB iSaver vs NAB Reward SaverBOQ Future Saver Account vs BOQ Simple Saver AccountAMP Bank GO Save vs Macquarie Savings AccountANZ Plus Growth Saver vs Westpac LifeCommBank GoalSaver vs Macquarie Savings AccountBankwest Easy Saver vs Macquarie Savings Account