Bank Australia Bonus Saver
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Bonus Saver is a savings account from Bank Australia. At $50,000 it pays 5.35% p.a. in a month in which the conditions below are met and 0.10% when they are not; 5.85% for the first 3 months.
Rate tiers
Every balance band in the bank's feed: base is the rate when the bonus conditions are not all met, bonus the add-on for meeting them, conditional the two together, intro the rate in the introductory period.
| Balance | Base | Bonus | Conditional | Intro |
|---|---|---|---|---|
| $0.01 – $100,000 | 0.10% | 5.25% | 5.35% | 5.85% |
| $100,000.01 – $1,999,999.99 | 0.10% | 4.90% | 5.00% | — |
| $2,000,000+ | 0.10% | 2.90% | 3.00% | — |
Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.
The bonus is paid on top of the base rate in a month in which the conditions are met; conditional is the two together, and the base rate is what is paid otherwise.
The bonus rate changes with the balance; the bands above show what the feed states for each.
The intro column is the rate for the first 3 months of a new account, an add-on to the conditional rate for that period; after it the account pays its conditional rate, 5.35% at $50,000.
The feed states a minimum balance of $0.01.
Conditions
For the bonus rate
- deposit $100 or more each month
- no withdrawals in the month
In the bank's own words, as its feed states each condition on the bonus rate:
- monthly depositBonus interest when you deposit at least $100 each month.
- withdrawalsBonus interest when you make no withdrawals in a calendar month
Other conditions
- not updated by the bank since 2026-10-16, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
Introductory rate conditions: Fixed bonus rate for the first three months when you open a new Bonus Saver account (on balances up to $100,000).
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- BPAY
- yes
- notifications
- yes
- transactions
- unlimited
- joint accounts
- yes
Other features, in the bank's words:
- Make a minimum deposit of $100 to the account and no withdrawals for the month to receive bonus variable rates. If these conditions aren't met, you will only be eligible to receive the base variable interest rate.
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- International transaction fee (ITF), Debit interest charge rate (no amount in the feed)
- minimum balance
- $0.01
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 0 and over
- open to
- personal customers
Who can open it, in the bank's own words:
- Personal, Joint and Trust
- residency: Must be an Australian citizen, permanent resident or have a valid Visa.
About this account
A savings account which helps you reach your financial goals faster by rewarding you with bonus interest when you deposit at least $100 and make no withdrawals each month.
Data
- Bank Australia's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
- We read the bank's own page and terms against this page on 1 November 2026: bonus-saver, Savings_and_Term_Deposit_Interest_Rate_schedule, Summary_of_Accounts, TMD_Savings_Accounts; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/bank-australia.json: this bank's accounts and every balance band as JSON; Bank Australia's page lists them.- The bank last updated this record on 16 October 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Bank Australia
- Christmas Saverstale savings account, 2.25% base at $50,000
- Commercial Saverstale savings account, 1.95% base at $50,000
- mySaverstale savings account, 5.35% conditional at $50,000
- Online Saverstale savings account, 4.60% base at $50,000
- Pension Accessstale savings account, 1.78% base at $50,000
- Basic Accessstale transaction account, 0.00% base at $50,000
- Commercial Accessstale transaction account, 0.00% base at $50,000
- Community Accessstale transaction account, 1.50% base at $50,000
- Everyday Accessstale transaction account, 0.05% base at $50,000
All of Bank Australia's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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