SWS Bank Budget Account

transaction accountstale

Budget Account is a transaction account from SWS Bank. It pays 0.01% p.a. with no bonus conditions.

Not ranked: a transaction (everyday) account, not a savings account.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

One rate on every balance, with no upper limit.

Conditions

• not updated by the bank since 2025-09-15, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed

Features

app

yes

Osko

yes

PayID

yes

notifications

yes

Fees, limits and who can open it

monthly fee

no monthly fee stated

interest paid

monthly

interest calculated

daily

age

ages 13 and over

open to

personal and business customers

Who can open it, in the bank's own words:

• residency: Australian citizen or permanent resident

About this account

Budget Account

Data

• SWS Bank's own page for this account.
• The bank's documents its product record links to: fees.
• Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
• /au/finance/savings-accounts/v1/brands/swsbank.json: this bank's accounts and every balance band as JSON; SWS Bank's page lists them.
• The bank last updated this record on 15 September 2025. 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 SWS Bank

• Card Free Accountstale savings account, 0.01% base at $50,000
• Christmas Clubstale savings account, 0.75% base at $50,000
• Goal Accountstale savings account, 0.25% base at $50,000
• Junior Accountstale savings account, 1.50% base at $50,000
• Online Saverstale savings account, 2.00% base at $50,000
• Teenager Accountstale savings account, 2.00% base at $50,000
• Everyday Accountstale transaction account, 0.01% base at $50,000

All of SWS Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.