Bank Australia mySaver Account
The Bank Australia mySaver high interest savings account offers rates up to 4.60% p.a.
Updated 18 March 2026
Fact checked and verified. Updated 18 March 2026
Interest Rates
$1 to $50,000(% p.a.)
Rate Type
Interest
Base variable interest rate
0.10%
Bonus variable interest rate when conditions are met
4.50%
Total variable interest rate including maximum bonus*
4.60%
$50,001 to $250,000(% p.a.)
Rate Type
Interest
Base variable interest rate
0.10%
Bonus variable interest rate when conditions are met
4.15%
Total variable interest rate including maximum bonus*
4.25%
Once your account reaches a given balance tier, the interest rate for that tier will apply to the whole balance.
Product Details
A savings account for the under 25s which rewards savers with bonus interest if at least $10 per month is deposited and no withdrawals are made."
- Bank Australia
Fees
•
No monthly account fee
•
Other fees and charges may apply
Features
•
Available for Kids
•
For anyone aged 13 to 24
TMD
Before applying for this product, you should read the Target Market Determination (TMD) available here on the Bank Australia website.
More information
Terms & Conditions, eligibility critera, fees and charges may apply.
* The maximum variable interest rate is inclusive of any applicable introductory or bonus rates which may apply.
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