2 live products
Bank Australia
Best available rate
4.60%p.a.
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
Finding the best rates…
Savings Accounts Comparison
Bank One
Bank Australia
Best available
Up to 4.60% p.a.
Line-up
2 live products
VS
Bank Australia Bank of Queensland
VS
3 live products
Bank of Queensland
Best available rate
5.10%p.a.
Future Saver Account
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.05%
Bonus
5.05%
Conditions
Bonus rules apply
Live edge
Bank of Queensland leads on headline savings rate by 0.50% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.50% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank Australia | Bank of Queensland |
|---|---|---|
| Max rate | 4.60% | 5.10% |
| Base rate | 0.10% | 0.05% |
| Bonus rate | 4.50% | 5.05% |
| Has conditions | Yes | Yes |
All Bank Australia Products
Every tracked savings accounts option from Bank Australia.
All Bank of Queensland Products
Every tracked savings accounts option from Bank of Queensland.
In March 2026, Bank Australia's Bonus Saver offers up to 4.60% p.a. (0.10% base + 4.50% bonus), while Bank of Queensland's Future Saver Account reaches 5.10% p.a. (0.05% base + 5.05% bonus). Bank of Queensland currently leads by 0.50% p.a.
Bank of Queensland's rate applies on balances up to $50,000.
Bank Australia has 2 savings products and Bank of Queensland has 3, giving you a range of options to compare.
Quick Comparison
| Feature | Bank Australia | Bank of Queensland |
|---|---|---|
| Max Rate | 4.60% | 5.10% |
| Base Rate | 0.10% | 0.05% |
| Bonus Rate | 4.50% | 5.05% |
| Conditions Required |
Common Questions
Bank Australia vs Bank of Queensland FAQs
Which bank has the better savings rate, Bank Australia or Bank of Queensland?
Bank of Queensland currently offers the higher rate at 5.10% p.a., compared to 4.60% p.a. Rates are sourced from live data and change frequently.
What is Bank Australia's best savings account rate in 2026?
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.
What is Bank of Queensland's best savings account rate in 2026?
Bank of Queensland's best savings rate is 5.10% p.a. on the Future Saver Account, consisting of a 0.05% base rate and 5.05% bonus rate. This rate requires meeting monthly bonus conditions.