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Savings reportAs of 28 February 2026February 2026

The top rate is 5.10% across 42 accounts.

RBA cash rate 3.85% · raised on 4 February

Highest rates

As of 28 February 2026
  1. 1st
    5.10%Future Saver AccountBOQGo to siteAges 18 to 35
  2. 2ndYouth eSaverGreat Southern Bank · 17 and under5.00%
  3. 3rdPremiumSaverRabobank4.90%
  1. 4=BOQ Smart Saver Account36 and over4.85%
  2. 4=Great Southern Bank Goal SaverAges 18 to 244.85%
  3. 4=Up Up Saver4.85%
  4. 7=BCU Boss Saver4.75%
  5. 7=Great Southern Bank Home Saver4.75%
  6. 7=MoveBank Growth Saver4.75%
  7. 10=Bank of Melbourne Incentive Saver4.65%
Compare all 42 accounts

Total rate is base plus bonus, with every monthly condition met. 31 of 42 accounts ask something of you each month, or have an age limit.

Rate changes in February

Since 1 February

No bank changed a rate in February.

Data
Each bank's Consumer Data Right (open banking) product feed, read nightly and checked against the bank's own page. A reading is recorded when the published rate differs from the last one stored.
Like for like
Averages, places and changes compare accounts tracked on both dates. Our own corrections are taken back to the start and never counted as a bank's move.
Scope
Personal savings accounts open to Australian residents, as listed on BankMate. Factual comparison, not financial advice. Methodology · Today's full ranking

As of 28 February 2026, the highest total savings rate tracked by BankMate was 5.10% p.a. from BOQ Future Saver Account, ages 18 to 35. The highest with no age requirements was 4.90% p.a. from Rabobank PremiumSaver. Across the 0 accounts tracked all month the average total rate was 0.00% p.a. No bank changed its rate during February 2026.