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 vs BankSA
Compare Bank Australia and BankSA savings accounts side by side. In March 2026, Bank Australia offers 2 accounts with rates up to 4.60% p.a., while BankSA has 1 account reaching 4.65% p.a. BankSA currently leads by 0.05%.
VS
1 live product
BankSA
Best available rate
4.65%p.a.
Incentive Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
4.55%
Conditions
Bonus rules apply
Live edge
BankSA leads on headline savings rate by 0.05% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.05% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank Australia | BankSA |
|---|---|---|
| Max rate | 4.60% | 4.65% |
| Base rate | 0.10% | 0.10% |
| Bonus rate | 4.50% | 4.55% |
| Has conditions | Yes | Yes |
All Bank Australia Products
Every tracked savings accounts option from Bank Australia.
All BankSA Products
Every tracked savings accounts option from BankSA.
In March 2026, Bank Australia's Bonus Saver offers up to 4.60% p.a. (0.10% base + 4.50% bonus), while BankSA's Incentive Saver reaches 4.65% p.a. (0.10% base + 4.55% bonus). BankSA currently leads by 0.05% p.a.
BankSA's rate applies on balances up to $249,999.
Bank Australia has 2 savings products and BankSA has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Bank Australia | BankSA |
|---|---|---|
| Max Rate | 4.60% | 4.65% |
| Base Rate | 0.10% | 0.10% |
| Bonus Rate | 4.50% | 4.55% |
| Conditions Required | Yes |
Common Questions
Bank Australia vs BankSA FAQs
Which bank has the better savings rate, Bank Australia or BankSA?
BankSA currently offers the higher rate at 4.65% 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 BankSA's best savings account rate in 2026?
BankSA's best savings rate is 4.65% p.a. on the Incentive Saver, consisting of a 0.10% base rate and 4.55% bonus rate. This rate requires meeting monthly bonus conditions.
Do Bank Australia and BankSA savings accounts have conditions?
Both Bank Australia and BankSA require meeting monthly conditions to earn their full bonus rates.