MyState Bank Hello Saver Account
savings accountterms checked
Hello Saver Account is a savings account from MyState Bank. At $50,000 it pays 5.50% p.a. with no bonus conditions; 5.80% for the first 4 months.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays, intro the rate in the introductory period.
| Balance | Base | Intro |
|---|---|---|
| $1 – $500,000stepped: paid on the part of the balance in this band | 5.50% | 5.80% |
| $500,000.01+stepped: paid on the part of the balance in this band | 3.25% | — |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
The intro column is the rate for the first 4 months of a new account, an add-on to the base rate for that period; after it the account pays its base rate, 5.50% at $50,000.
The feed states a minimum balance of $1.
Conditions
- welcome rate only for people who have never held a MyState profile, and only on the first Hello Saver
Introductory rate conditions: Variable interest rate paid for the first four months for new customers.
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- PayTo
- yes
- transactions
- unlimited
Other features, in the bank's words:
- BPAY Payments can be made from Hello Saver
- No requirement to link a transaction account
- Direct Debit payments can be made from Hello Saver
Fees, limits and who can open it
- monthly fee
- $0
- other fees named
- Overdrawn Account Interest (no amount in the feed)
- minimum balance
- $1
- interest paid
- monthly
- interest calculated
- daily
- open to
- personal customers
About this account
A savings account that doesn't require a linked transaction account or for you to grow your account balance or deposit a defined amount of money each month or penalise you for making a withdrawal. Pay bills straight from your savings using BPAY, direct debit, PayID or automatic transfers.
Data
- MyState Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees.
- Our verbatim snapshot of the bank's product record (source), as fetched on 12 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: hello-saver-account, terms.pdf; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/mystate-bank.json: this bank's accounts and every balance band as JSON; MyState Bank's page lists them.- The bank last updated this record on 11 November 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 MyState Bank
- Bonus Saver savings account, 5.50% conditional at $50,000
- Business Online Saver savings account, 0.60% base at $50,000
- E&P High Yield Account savings account, 4.50% base at $50,000
- Basic Accountstale transaction account
- Everyday Business Accountstale transaction account
- Glide Account transaction account, 0.00% base at $50,000
All of MyState Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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