Savings account rates in Australia, April 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
   🏦
   First Option Bank KIDS BONUS SAVER5.30%
4. 7
   🏦
   Great Southern Bank Youth eSaver5.25%
5. 8
   💳
   ING Savings Maximiser5.25%
6. 9
   🏛️
   BOQ Smart Saver Account5.15%
7. 10
   🐄
   Rabobank PremiumSaver5.15%

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

• 💳
  ING Savings Accelerator2.75 → 4.60+1.85
• 🏦
  Bank Vic Bonus Saver4.50 → 4.85+0.35
• 🏦
  BCU Boss Saver4.75 → 5.10+0.35
• 🏦
  P&N Savvy Saver Account4.75 → 5.10+0.35
• 🏦
  Defence Bank Max E Saver4.65 → 4.95+0.30
• 🏦
  Bank Australia mySaver4.60 → 4.85+0.25
• 🏦
  Bank Australia Bonus Saver4.60 → 4.85+0.25
• 🏦
  P&N Smart Saver Account4.60 → 4.85+0.25
• 🏦
  BCU Power Saver4.60 → 4.85+0.25
• 🚀
  MOVE Bank Online Saver3.90 → 4.15+0.25
• 🏦
  AMP AMP Saver Account4.45 → 4.70+0.25
• 💼
  Macquarie Macquarie Savings Account4.50 → 4.75+0.25
• 🏘️
  Unity Bank MoneyMAX4.00 → 4.25+0.25
• 🏦
  Bank of Sydney BOS Saver4.25 → 4.50+0.25
• 🏦
  Regional Australia Bank Savings Booster Account4.50 → 4.75+0.25
• 🏦
  Great Southern Bank Future Saver4.35 → 4.60+0.25
• 🏦
  Great Southern Bank Home Saver4.75 → 5.00+0.25
• 🏦
  Great Southern Bank Youth eSaver5.00 → 5.25+0.25
• 🌳
  Bendigo Bendigo Reward Saver4.25 → 4.50+0.25
• 🏦
  Bankwest Bankwest Easy Saver4.50 → 4.75+0.25
• 🏦
  Great Southern Bank Goal Saver4.85 → 5.10+0.25
• 🏦
  First Option Bank KIDS BONUS SAVER5.05 → 5.30+0.25
• 🏦
  Southern Cross Credit Union STAR SAVER4.75 → 4.90+0.15

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 30 April 2026; accounts with no record by then are not counted. Changes compare the last rate before the month with the last rate within it. 53 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