Bank Australia updates Bonus Saver to 5.00%
Published 19 February 2026Effective 19 February 2026
Bank Australia has increased the rate on its Bonus Saver savings account by 25 basis points to 5.00% p.a., from a previous rate of 4.75%.
Bank Australia
Bonus Saver
New Rate
5.00%
Previous rate: 4.75%+0.25%
Illustrative Example
For illustrative purposes, a $10,000 deposit at 5.00% would earn approximately $500 per year in interest. That is $25 more per year compared to the previous rate.
Notes
Bank Australia increased rate by 0.25% to 5%
⚠️ General information only
This comparison is for informational purposes only and does not constitute financial advice. Always verify current rates and eligibility directly with the provider before making decisions. Consider whether products are appropriate for your circumstances.