5 live products
Great Southern Bank
Best available rate
5.00%p.a.
Youth Esaver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
5.00%
Bonus
0.00%
Conditions
No monthly hoops
Finding the best rates…
Savings Accounts Comparison
Bank One
Great Southern Bank
Best available
Up to 5.00% p.a.
Line-up
5 live products
VS
Great Southern Bank vs Westpac
Compare Great Southern Bank and Westpac savings accounts side by side. In March 2026, Great Southern Bank offers 5 accounts with rates up to 5.00% p.a., while Westpac has 4 accounts reaching 5.25% p.a. Westpac currently leads by 0.25%.
VS
4 live products
Westpac
Best available rate
5.25%p.a.
Westpac Life (Under 35)
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
5.15%
Conditions
Bonus rules apply
Live edge
Westpac leads on headline savings rate by 0.25% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.25% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Great Southern Bank | Westpac |
|---|---|---|
| Max rate | 5.00% | 5.25% |
| Base rate | 5.00% | 0.10% |
| Bonus rate | 0.00% | 5.15% |
| Has conditions | No | Yes |
All Great Southern Bank Products
Every tracked savings accounts option from Great Southern Bank.
All Westpac Products
Every tracked savings accounts option from Westpac.
In March 2026, Great Southern Bank's Youth Esaver offers up to 5.00% p.a., while Westpac's Westpac Life (Under 35) reaches 5.25% p.a. (0.10% base + 5.15% bonus). Westpac currently leads by 0.25% p.a.
Westpac's top rate requires meeting bonus conditions each month, while Great Southern Bank offers its rate with no ongoing requirements. Westpac's rate applies on balances up to $30,000.
Great Southern Bank has 5 savings products and Westpac has 4, giving you a range of options to compare.
Quick Comparison
| Feature | Great Southern Bank | Westpac |
|---|---|---|
| Max Rate | 5.00% | 5.25% |
| Base Rate | 5.00% | 0.10% |
| Bonus Rate | 0.00% | 5.15% |
| Conditions Required |
Common Questions
Great Southern Bank vs Westpac FAQs
Which bank has the better savings rate, Great Southern Bank or Westpac?
Westpac currently offers the higher rate at 5.25% p.a., compared to 5.00% p.a. Rates are sourced from live data and change frequently.
What is Great Southern Bank's best savings account rate in 2026?
Great Southern Bank's best savings rate is 5.00% p.a. on the Youth Esaver.
What is Westpac's best savings account rate in 2026?
Westpac's best savings rate is 5.25% p.a. on the Westpac Life (Under 35), consisting of a 0.10% base rate and 5.15% bonus rate. This rate requires meeting monthly bonus conditions.
Do Great Southern Bank and Westpac savings accounts have conditions?
Great Southern Bank's top rate has no ongoing conditions, while Westpac requires meeting bonus conditions each month to earn the full advertised rate.