BankMate
CompareQuestionsLeaders

Savings reportAs of 30 June 2026June 2026

The top rate held at 5.75%. The average rose to 4.81%.

RBA cash rate 4.35% · held since 6 May · the average account pays 0.46 above it

Highest rates

As of 30 June 2026
  1. 1st
    5.75%Smart Saver Account (under 25)Newcastle PermanentGo to site24 and under
  2. 2ndGrowth SaverMoveBank5.65%
  3. 3rdFuture Saver AccountBOQ · Ages 18 to 355.60%
  1. 4First Option Bank KIDS BONUS SAVER17 and under5.55%
  2. 5Great Southern Bank Youth eSaver17 and under5.50%
  3. 6Rabobank PremiumSaver5.40%
  4. 7=Great Southern Bank Goal SaverAges 18 to 245.35%
  5. 7=Judo Bank Personal Savings Account5.35%
  6. 7=MoveBank Bonus Saver5.35%
  7. 7=Up Up Saver5.35%
Compare all 79 accounts

Total rate is base plus bonus, with every monthly condition met. 62 of 79 accounts ask something of you each month, or have an age limit.

Since tracking began

Month ends, February to June
Today, across the 79 tracked all month
Highest
5.75%
Average
4.81%
Median
5.00%
Paying 5% or more
49 of 79
RBA cash rate
4.35%

The average line follows rate changes only: each month is compared on the accounts tracked at both its start and its end, so it never moves because we started tracking more accounts.

Rate changes in June

Since 1 June
  1. MoveBank Online Saver4.15 → 4.70 · 2 June · 68th → 58th+0.55
  2. MoveBank Bonus Saver5.00 → 5.35 · 2 June · 33rd → 7th+0.35
  3. Southern Cross Credit Union STAR SAVER4.90 → 5.20 · 2 June · 44th → 18th+0.30
  4. Bank First First Home Bonus Saver Account4.80 → 5.05 · 2 June · 49th → 36th+0.25
  5. BOQ Future Saver Account5.35 → 5.60 · 9 June · 5th → 3rd+0.25
  6. Horizon Bank SUPER SAVERS5.00 → 5.25 · 2 June · 33rd → 11th+0.25
  7. Horizon Bank YOUTH REWARD SAVER5.00 → 5.25 · 2 June · 33rd → 11th+0.25
  8. Bank First Bonus Saver Account4.75 → 5.00 · 2 June · 51st → 40th+0.25
  9. Police Bank Bonus Saver Account4.30 → 4.55 · 2 June · 66th → 61st+0.25
  10. Regional Australia Bank Internet Maximiser Account3.00 → 3.25 · 2 June · 77th → 76th+0.25
  11. Regional Australia Bank Savings Booster Account4.75 → 5.00 · 2 June · 51st → 40th+0.25
  12. MoveBank Growth Saver5.40 → 5.65 · 2 June · 3rd → 2nd+0.25
  13. Auswide Bank Ltd ZIGGY KIDS SAVER3.26 → 3.51 · 2 June · 75th → 74th+0.25
  14. First Option Bank KIDS BONUS SAVER5.30 → 5.55 · 3 June · 9th → 4th+0.25
  15. Bank of Sydney BOS Saver4.50 → 4.75 · 3 June · 59th → 54th+0.25
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; this month banks made 23 rises and 0 cuts.
Scope
Personal savings accounts open to Australian residents, as listed on BankMate. Factual comparison, not financial advice. Methodology · Today's full ranking

As of 30 June 2026, the highest total savings rate tracked by BankMate was 5.75% p.a. from Newcastle Permanent Smart Saver Account (under 25), 24 and under. The highest with no age requirements was 5.65% p.a. from MoveBank Growth Saver. Across the 79 accounts tracked all month the average total rate was 4.81% p.a. During June 2026 banks made 23 rises and 0 cuts.