Savings account

E&P High Yield Account

Current savings rate from MyState Bank. Compare the ongoing rate, bonus conditions, introductory offers, and eligibility in one place.

E&P High Yield Account

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4.50% p.a.

ongoing rate

Rate breakdown

Base rate: 4.50%

How to earn it

No conditions

Rate current since 3 Jun 2026.

Rate History

The E&P High Yield Account rate has changed 1 time since we started tracking on 29 May 2026. Current rate: 4.50% p.a. — High: 4.50%, Low: 4.00%.

From	To	Ongoing rate p.a.
3 Jun 2026	—	4.50% Current
29 May 2026	3 Jun 2026	4.00%

What to know

This page focuses on the ongoing rate: 4.50% p.a. That is the rate after any honeymoon period ends.

This account is effectively a no-hoops saver: there are no bonus conditions recorded for the current rate.

About MyState Bank

MyState Bank offers a 5.4% p.a. rate on 12-month terms, its strongest offering across the range. The 9-month term also rates competitively at 5.35% p.a. Shorter terms under three months yield only 0.5% p.a., while mid-length terms between four and eleven months show variable rates mostly between 3.75% and 4.85% p.a. Longer-term deposits decline to 4.5% at two years and 4.25% at three years. No minimum deposit amount is specified.

Deposits with MyState Bank are protected under the Financial Claims Scheme up to $250,000 per account holder per ADI.

Compare more accounts

No-conditions accounts

Earn the full rate without monthly hoops

Accounts above 5%

Every account currently paying 5.00% p.a. or more

Large balance accounts

Accounts with bonus rate caps above $100k

The information on this page is general in nature and does not constitute financial advice. Rates are subject to change — verify directly with the provider before making a financial decision.

E&P High Yield Account