1 live product
Australian Mutual Bank
Best available rate
5.00%p.a.
Young Saver Account
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
5.00%
Bonus
0.00%
Conditions
No monthly hoops
Finding the best rates…
Savings Accounts Comparison
Bank One
Australian Mutual Bank
Best available
Up to 5.00% p.a.
Line-up
1 live product
VS
Australian Mutual Bank Bendigo Bank
VS
1 live product
Bendigo Bank
Best available rate
4.25%p.a.
Reward Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
4.15%
Conditions
Bonus rules apply
Live edge
Australian Mutual Bank leads on headline savings rate by 0.75% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.75% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Australian Mutual Bank | Bendigo Bank |
|---|---|---|
| Max rate | 5.00% | 4.25% |
| Base rate | 5.00% | 0.10% |
| Bonus rate | 0.00% | 4.15% |
| Has conditions | No | Yes |
All Australian Mutual Bank Products
Every tracked savings accounts option from Australian Mutual Bank.
All Bendigo Bank Products
Every tracked savings accounts option from Bendigo Bank.
In March 2026, Australian Mutual Bank's Young Saver Account offers up to 5.00% p.a., while Bendigo Bank's Reward Saver reaches 4.25% p.a. (0.10% base + 4.15% bonus). Australian Mutual Bank currently leads by 0.75% p.a.
Australian Mutual Bank offers its top rate unconditionally, while Bendigo Bank requires monthly conditions. Australian Mutual Bank's rate applies on balances up to $5,000.
Australian Mutual Bank has 1 savings product and Bendigo Bank has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Australian Mutual Bank | Bendigo Bank |
|---|---|---|
| Max Rate | 5.00% | 4.25% |
| Base Rate | 5.00% | 0.10% |
| Bonus Rate | 0.00% | 4.15% |
Common Questions
Australian Mutual Bank vs Bendigo Bank FAQs
Which bank has the better savings rate, Australian Mutual Bank or Bendigo Bank?
Australian Mutual Bank currently offers the higher rate at 5.00% p.a., compared to 4.25% p.a. Rates are sourced from live data and change frequently.
What is Australian Mutual Bank's best savings account rate in 2026?
Australian Mutual Bank's best savings rate is 5.00% p.a. on the Young Saver Account.
What is Bendigo Bank's best savings account rate in 2026?
Bendigo Bank's best savings rate is 4.25% p.a. on the Reward Saver, consisting of a 0.10% base rate and 4.15% bonus rate. This rate requires meeting monthly bonus conditions.
Do Australian Mutual Bank and Bendigo Bank savings accounts have conditions?
Australian Mutual Bank's top rate has no ongoing conditions, while Bendigo Bank requires meeting bonus conditions each month to earn the full advertised rate.