Savings account

Incentive Saver

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

Incentive Saver

View on bank website ↗ 14+
5.15% p.a.
ongoing rate
Rate breakdown
Base rate: 0.10%
Bonus rate: + 5.05%
How to earn it

To earn Bonus interest rates, grow your account by at least $50 a month (for customers 21 or over) or $0.01 a month (for customers under 21) and keep your balance above $0. Add money to your account (interest payments don?t count). Grow your balance before the last business day of the month

Rate current since 5 Jun 2026.

Rate History

The Incentive Saver rate has changed 1 time since we started tracking on 23 May 2026. Current rate: 5.15% p.a.

From To Ongoing rate p.a.
5 Jun 2026 5.15% Current
23 May 2026 5 Jun 2026 5.15%

What to know

This page focuses on the ongoing rate: 5.15% p.a. That is the rate after any honeymoon period ends.

To earn the full rate, you need to meet these conditions: To earn Bonus interest rates, grow your account by at least $50 a month (for customers 21 or over) or $0.01 a month (for customers under 21) and keep your balance above $0. Add money to your account (interest payments don?t count). Grow your balance before the last business day of the month

If you miss the conditions in a given month, you earn only the base rate: 0.10% p.a.

Eligibility: minimum age 14 .