Savings account

Online Saver Account

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

Online Saver Account

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4.35% p.a.
ongoing rate
Rate breakdown
Base rate: 2.95%
Bonus rate: + 1.40%
How to earn it

Introductory promotional rate for the first 4 months on new accounts only, for balances up to $100,000. No ongoing bonus conditions after the promotional period ends.

Bonus rate applies on balances up to $100,000

Rate current since 4 Apr 2026.

What to know

This page focuses on the ongoing rate: 4.35% p.a. That is the rate after any honeymoon period ends.

To earn the full rate, you need to meet these conditions: Introductory promotional rate for the first 4 months on new accounts only, for balances up to $100,000. No ongoing bonus conditions after the promotional period ends.

The bonus component is capped at $100,000.