Finding the best rates…
Bank One
Best available
Up to 4.35% p.a.
Line-up
1 live product
Compare Australian Military Bank and Bank Australia savings accounts side by side. In March 2026, Australian Military Bank offers 1 account with rates up to 4.35% p.a., while Bank Australia has 2 accounts reaching 4.60% p.a. Bank Australia currently leads by 0.25%.
Bank Two
Best available
Up to 4.60% p.a.
Line-up
2 live products
1 live product
Best available rate
Online Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
4.25%
Conditions
Bonus rules apply
2 live products
Best available rate
Bonus Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
4.50%
Conditions
Bonus rules apply
Live edge
Bank Australia leads on headline savings rate by 0.25% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Australian Military Bank | Bank Australia |
|---|---|---|
| Max rate | 4.35% | 4.60% |
| Base rate | 0.10% | 0.10% |
| Bonus rate | 4.25% | 4.50% |
| Has conditions | Yes | Yes |
Every tracked savings accounts option from Australian Military Bank.
Every tracked savings accounts option from Bank Australia.
In March 2026, Australian Military Bank's Online Saver offers up to 4.35% p.a. (0.10% base + 4.25% bonus), while Bank Australia's Bonus Saver reaches 4.60% p.a. (0.10% base + 4.50% bonus). Bank Australia currently leads by 0.25% p.a.
Bank Australia's rate applies on balances up to $100,000.
Australian Military Bank has 1 savings product and Bank Australia has 2, giving you a range of options to compare.
| Feature | Australian Military Bank | Bank Australia |
|---|---|---|
| Max Rate | 4.35% | 4.60% |
| Base Rate | 0.10% | 0.10% |
| Bonus Rate | 4.25% | 4.50% |
| Conditions Required | Yes | Yes |
| Balance Cap | $500,000 | $100,000 |
Bank Australia currently offers a 0.25% higher savings rate.
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Common Questions
Bank Australia currently offers the higher rate at 4.60% p.a., compared to 4.35% p.a. Rates are sourced from live data and change frequently.
Australian Military Bank's best savings rate is 4.35% p.a. on the Online Saver, consisting of a 0.10% base rate and 4.25% bonus rate. This rate requires meeting monthly bonus conditions.
Bank Australia's best savings rate is 4.60% p.a. on the Bonus Saver, consisting of a 0.10% base rate and 4.50% bonus rate. This rate requires meeting monthly bonus conditions.
Both Australian Military Bank and Bank Australia require meeting monthly conditions to earn their full bonus rates.
Based on current rates, Bank Australia pays approximately $125 more in interest per year on a $50,000 balance. This is based on the headline rate difference of 0.25% p.a.