Regional Australia Bank updates Savings Booster to 4.50%
Regional Australia Bank has increased the rate on its Savings Booster savings account by 25 basis points to 4.50% p.a., from a previous rate of 4.25%.
Regional Australia Bank
Savings Booster
New Rate
4.50%
Illustrative Example
For illustrative purposes, a $10,000 deposit at 4.50% would earn approximately $450 per year in interest. That is $25 more per year compared to the previous rate.
Market Context
This rate of 4.50% is below the current market average of 4.63% across 67 tracked savings account products. The current market leader offers 5.40%.
Notes
Regional Australia Bank increased rate by 0.25% to 4.5%
⚠️ 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.