Bank Australia
Credit unionBank Australia is a customer-owned bank offering savings accounts across several categories. Its Bonus Saver and mySaver accounts both reach 4.85% per annum, combining a 0.10% base rate with a 4.75% bonus rate, with interest calculated daily on the full balance and credited monthly. The mySaver is restricted to customers aged 24 and under. The Christmas Saver offers 2.25% for those aged 13 and over, while the Online Saver returns just 0.01%.
Savings Accounts
ongoing rate
Rate breakdown
Base rate: 0.10%
Bonus rate: + 4.75%
How to earn it
Deposit $100 or more and make no withdrawals during the calendar month. Bonus rate applies on balances up to $100,000.
Rate current since 19 May 2026.
4.20% p.a.
ongoing rate
Rate breakdown
Base rate: 4.20%
How to earn it
No conditions
Rate current since 1 May 2026.
1.45% p.a.
ongoing rate
Rate breakdown
Base rate: 1.45%
How to earn it
No conditions
Rate current since 10 Apr 2026.
1.00% p.a.
ongoing rate
Rate breakdown
Base rate: 1.00%
How to earn it
No conditions
Rate current since 10 Apr 2026.
0.05% p.a.
ongoing rate
Rate breakdown
Base rate: 0.05%
How to earn it
No conditions
Rate current since 2 May 2026.