The Capricornian Bonus Saver Account

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Bonus Saver Account is a savings account from The Capricornian. At $50,000 it pays 4.99% p.a. in a month in which the conditions below are met and 0.10% when they are not.

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.

Some rows are paid on the whole balance and some, marked stepped, on the part of the balance in the band, as the feed states them.

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 is paid on balances up to $250,000; the band above it shows what the feed states there.

Conditions

For the bonus rate

• 0.10% interest is applied to the entirety of the balance regardless of whether or not the bonus criteria is met. Atleast $100 has to be deposited throughout the month, No Debits/Withdrawals at all on the account during the month, Account to stay open throughout the entire duration of the calendar month.

Other conditions

• not updated by the bank since 2026-10-08, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
• the $100 monthly deposit must come from outside or another account in the same membership; interest paid does not count
• you must become a member and subscribe for a member share before opening the account

Features

app

yes

Osko

yes

PayID

yes

Fees, limits and who can open it

monthly fee

no monthly fee stated

bonus paid up to

$250,000

interest paid

monthly

interest calculated

daily

open to

personal customers

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

• No Direct Debits. Direct Debits are unable to be setup to the Bonus Saver Account.

About this account

A high interest savings account offering monthly bonus interest upon meeting all the criteria and performing no debits on the account for the entirety of the calendar month.

Data

• The Capricornian'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-account, product-rate-fee-disclosures, FINAL-Conditions-of-Use-Clean.pdf; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/the-capricornian.json: this bank's accounts and every balance band as JSON; The Capricornian's page lists them.
• The bank last updated this record on 8 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 The Capricornian

• Everyday Saver Accountstale savings account, 0.10% base at $50,000
• iSaverstale savings account, 0.60% base at $50,000
• Youth Access Accountstale savings account
• Business Access Accountstale transaction account, 0.00% base at $50,000
• Club Accountstale transaction account, 0.00% base at $50,000
• Pension Access Accountstale transaction account, 0.38% base at $50,000
• Personal Access Accountstale transaction account, 0.00% base at $50,000
• Student Access Accountstale transaction account, 0.00% base at $50,000

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