Savings account rates in Australia, March 2026

1. 🏦

   1
   5.50%
   Newcastle PermanentSmart Saver Account (under 25)
2. 🏢

   2
   5.50%
   WestpacWestpac Life
3. 🚀

   3
   5.40%
   MOVE BankGrowth Saver

1. 4
   🏛️
   BOQ Future Saver Account5.35%
2. 5
   🏦
   Judo Bank Personal Savings Account5.35%
3. 6
   💳
   ING Savings Maximiser5.25%
4. 7
   🏛️
   BOQ Smart Saver Account5.15%
5. 8
   🐄
   Rabobank PremiumSaver5.15%
6. 9
   ⬆️
   Up Up Saver5.10%
7. 10
   🏠
   ME Bank - ME Go HomeME5.10%

Total rate is base plus bonus, assuming every monthly condition is met. Age-restricted accounts are included; each account page states its eligibility.

• 🏢
  5.50%
  WestpacWestpac Life
• 🏦
  4.80%
  Commonwealth BankYouthsaver Account
• 🏛️
  4.75%
  ANZ PlusANZ Plus Growth Saver
• 🏪
  4.65%
  NABNAB Reward Saver

• 🏦
  Newcastle Permanent Smart Saver Account (under 25)4.00 → 5.50+1.50
• 🚀
  MOVE Bank Bonus Saver4.25 → 5.00+0.75
• 🚀
  MOVE Bank Growth Saver4.75 → 5.40+0.65
• 🏦
  easyStreet Flex Saver4.40 → 4.80+0.40
• 🏦
  Southern Cross Credit Union STAR SAVER4.40 → 4.75+0.35
• 🏦
  Heartland Bank MySavings account4.25 → 4.55+0.30
• 🏛️
  BOQ Smart Saver Account4.85 → 5.15+0.30
• 🏦
  ubank Save account4.60 → 4.85+0.25
• 🏪
  NAB NAB Reward Saver4.40 → 4.65+0.25
• 🏦
  Regional Australia Bank Savings Booster Account4.25 → 4.50+0.25
• 🚀
  MOVE Bank Online Saver3.65 → 3.90+0.25
• 🏦
  Bank of Melbourne Incentive Saver4.65 → 4.90+0.25
• 🏦
  St George Incentive Saver4.65 → 4.90+0.25
• 🏦
  Bankwest Bankwest Easy Saver4.25 → 4.50+0.25
• 🏛️
  BOQ Future Saver Account5.10 → 5.35+0.25
• 🏦
  BankSA Incentive Saver4.65 → 4.90+0.25
• 🏦
  MyState Hello Saver account4.50 → 4.75+0.25
• 💳
  ING Savings Accelerator2.50 → 2.75+0.25
• 💳
  ING Savings Maximiser5.00 → 5.25+0.25
• 🏛️
  ANZ Plus ANZ Plus Growth Saver4.50 → 4.75+0.25
• 🏢
  Westpac Westpac Life5.25 → 5.50+0.25
• ☀️
  Suncorp Growth Saver Account4.55 → 4.80+0.25
• 🏦
  Virgin Money Virgin Money Boost Saver4.00 → 4.25+0.25
• 🏦
  Commonwealth Bank Youthsaver Account4.55 → 4.80+0.25
• 🏛️
  ANZ Plus ANZ Plus Flex Saver4.50 → 4.75+0.25
• 🏦
  Commonwealth Bank GoalSaver4.50 → 4.75+0.25
• 🏢
  Westpac Bump Savings4.55 → 4.80+0.25
• 🏛️
  BOQ Simple Saver Account4.30 → 4.55+0.25
• 🏦
  People First Bank Dream Fund4.50 → 4.75+0.25
• 🏦
  Australian Military Bank Online Saver4.10 → 4.35+0.25

Data

Each bank's Consumer Data Right (open banking) product feed, re-read nightly. A rate change is recorded when the published total rate differs from the last value stored.

Figures

Rates are each account's last recorded value on or before 31 March 2026; accounts with no record by then are not counted. Changes compare the last rate before the month with the last rate within it. 92 history entries fall in this month.

Scope

Personal savings accounts open to Australian residents, as listed on BankMate. Not financial advice. Methodology · Today's full ranking