Savings report
Savings account rates in Australia, month by month
Each report is a dated snapshot generated from the same open-banking data that powers the comparison: the highest total rate, the average across every account tracked, the Big 4, and each rate rise and cut recorded in the month. Nothing is written by hand, so a figure quoted from a report can be traced to the bank's own published rate on that date.
As of 17 September 2026, the highest total savings rate tracked by BankMate is 5.80% p.a. from BOQ (Future Saver Account), and the average across 93 accounts is 4.86% p.a.