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 Heritage Bank
Compare Bank Australia and Heritage Bank savings accounts side by side. In March 2026, Bank Australia offers 2 accounts with rates up to 4.60% p.a., while Heritage Bank has 1 account reaching 4.10% p.a. Bank Australia currently leads by 0.50%.
VS
1 live product
Heritage Bank
Best available rate
4.10%p.a.
Online Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
2.70%
Bonus
0.00%
Conditions
No monthly hoops
Live edge
Bank Australia 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 | Heritage Bank |
|---|---|---|
| Max rate | 4.60% | 4.10% |
| Base rate | 0.10% | 2.70% |
| Bonus rate | 4.50% | 0.00% |
| Has conditions | Yes | No |
All Bank Australia Products
Every tracked savings accounts option from Bank Australia.
All Heritage Bank Products
Every tracked savings accounts option from Heritage Bank.
In March 2026, Bank Australia's Bonus Saver offers up to 4.60% p.a. (0.10% base + 4.50% bonus), while Heritage Bank's Online Saver reaches 4.10% p.a.. Bank Australia currently leads by 0.50% p.a.
Bank Australia's top rate requires meeting bonus conditions each month, while Heritage Bank offers its rate with no ongoing requirements. Heritage Bank's rate includes an introductory component for 4 months. Bank Australia's rate applies on balances up to $100,000.
Bank Australia has 2 savings products and Heritage Bank has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Bank Australia | Heritage Bank |
|---|---|---|
| Max Rate | 4.60% | 4.10% |
| Base Rate | 0.10% | 2.70% |
| Bonus Rate | 4.50% | 0.00% |
Common Questions
Bank Australia vs Heritage Bank FAQs
Which bank has the better savings rate, Bank Australia or Heritage Bank?
Bank Australia currently offers the higher rate at 4.60% p.a., compared to 4.10% 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 Heritage Bank's best savings account rate in 2026?
Heritage Bank's best savings rate is 4.10% p.a. on the Online Saver.
Do Bank Australia and Heritage Bank savings accounts have conditions?
Heritage Bank's top rate has no ongoing conditions, while Bank Australia requires meeting bonus conditions each month to earn the full advertised rate.