2 live products
Bank of Melbourne
Best available rate
4.85%p.a.
Maxi Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
1.00%
Bonus
0.00%
Conditions
No monthly hoops
Finding the best rates…
Savings Accounts Comparison
Bank One
Bank of Melbourne
Best available
Up to 4.85% p.a.
Line-up
2 live products
VS
Bank of Melbourne vs Suncorp
Compare Bank of Melbourne and Suncorp savings accounts side by side. In March 2026, Bank of Melbourne offers 2 accounts with rates up to 4.85% p.a., while Suncorp has 1 account reaching 4.55% p.a. Bank of Melbourne currently leads by 0.30%.
VS
1 live product
Suncorp
Best available rate
4.55%p.a.
Growth Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.05%
Bonus
4.50%
Conditions
Bonus rules apply
Live edge
Bank of Melbourne leads on headline savings rate by 0.30% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.30% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank of Melbourne | Suncorp |
|---|---|---|
| Max rate | 4.85% | 4.55% |
| Base rate | 1.00% | 0.05% |
| Bonus rate | 0.00% | 4.50% |
| Has conditions | No | Yes |
All Bank of Melbourne Products
Every tracked savings accounts option from Bank of Melbourne.
All Suncorp Products
Every tracked savings accounts option from Suncorp.
In March 2026, Bank of Melbourne's Maxi Saver offers up to 4.85% p.a., while Suncorp's Growth Saver reaches 4.55% p.a. (0.05% base + 4.50% bonus). Bank of Melbourne currently leads by 0.30% p.a.
Bank of Melbourne offers its top rate unconditionally, while Suncorp requires monthly conditions. Bank of Melbourne's rate includes an introductory component for 6 months.
Bank of Melbourne has 2 savings products and Suncorp has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Bank of Melbourne | Suncorp |
|---|---|---|
| Max Rate | 4.85% | 4.55% |
| Base Rate | 1.00% | 0.05% |
| Bonus Rate | 0.00% | 4.50% |
| Conditions Required |
Common Questions
Bank of Melbourne vs Suncorp FAQs
Which bank has the better savings rate, Bank of Melbourne or Suncorp?
Bank of Melbourne currently offers the higher rate at 4.85% p.a., compared to 4.55% p.a. Rates are sourced from live data and change frequently.
What is Bank of Melbourne's best savings account rate in 2026?
Bank of Melbourne's best savings rate is 4.85% p.a. on the Maxi Saver.
What is Suncorp's best savings account rate in 2026?
Suncorp's best savings rate is 4.55% p.a. on the Growth Saver, consisting of a 0.05% base rate and 4.50% bonus rate. This rate requires meeting monthly bonus conditions.
Do Bank of Melbourne and Suncorp savings accounts have conditions?
Bank of Melbourne's top rate has no ongoing conditions, while Suncorp requires meeting bonus conditions each month to earn the full advertised rate.