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
Finding the best rates…
Savings Accounts Comparison
Bank One
Bendigo Bank
Best available
Up to 4.25% p.a.
Line-up
1 live product
VS
Bendigo Bank vs Macquarie Bank
Compare Bendigo Bank and Macquarie Bank savings accounts side by side. In April 2026, Bendigo Bank offers 1 account with rates up to 4.25% p.a., while Macquarie Bank has 1 account reaching 4.85% p.a. Macquarie Bank currently leads by 0.60%.
VS
1 live product
Macquarie Bank
Best available rate
4.85%p.a.
Macquarie Savings Account
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
4.50%
Bonus
0.00%
Conditions
No monthly hoops
Live edge
Macquarie Bank leads on headline savings rate by 0.60% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.60% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bendigo Bank | Macquarie Bank |
|---|---|---|
| Max rate | 4.25% | 4.85% |
| Base rate | 0.10% | 4.50% |
| Bonus rate | 4.15% | 0.00% |
| Has conditions | Yes | No |
All Bendigo Bank Products
Every tracked savings accounts option from Bendigo Bank.
All Macquarie Bank Products
Every tracked savings accounts option from Macquarie Bank.
In April 2026, Bendigo Bank's Reward Saver offers up to 4.25% p.a. (0.10% base + 4.15% bonus), while Macquarie Bank's Macquarie Savings Account reaches 4.85% p.a.. Macquarie Bank currently leads by 0.60% p.a.
Macquarie Bank offers its top rate unconditionally, while Bendigo Bank requires monthly conditions. Macquarie Bank's rate includes an introductory component for 4 months. Macquarie Bank's rate applies on balances up to $2,000,000.
Bendigo Bank has 1 savings product and Macquarie Bank has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Bendigo Bank | Macquarie Bank |
|---|---|---|
| Max Rate | 4.25% | 4.85% |
| Base Rate | 0.10% | 4.50% |
| Bonus Rate | 4.15% | 0.00% |
Common Questions
Bendigo Bank vs Macquarie Bank FAQs
Which bank has the better savings rate, Bendigo Bank or Macquarie Bank?
Macquarie Bank currently offers the higher rate at 4.85% p.a., compared to 4.25% p.a. Rates are sourced from live data and change frequently.
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.
What is Macquarie Bank's best savings account rate in 2026?
Macquarie Bank's best savings rate is 4.85% p.a. on the Macquarie Savings Account.
Do Bendigo Bank and Macquarie Bank savings accounts have conditions?
Macquarie Bank's top rate has no ongoing conditions, while Bendigo Bank requires meeting bonus conditions each month to earn the full advertised rate.