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Bank Australia mySaver Account

The Bank Australia mySaver high interest savings account offers rates up to 4.75% p.a.


Updated 28 November 2023

Top Pick
Bankwest Online Term Deposit
5.00%p.a. for 9 months

Interest paid at maturity

$1,000 minimum deposit

Interest Rates
$0 to $49,999(% p.a.)
Rate Type
Interest

Base variable interest rate

0.10%

Bonus variable interest rate when conditions are met

4.65%

Total variable interest rate including maximum bonus*

4.75%

$50,000 to $249,999(% p.a.)
Rate Type
Interest

Base variable interest rate

0.10%

Bonus variable interest rate when conditions are met

4.45%

Total variable interest rate including maximum bonus*

4.55%

$250,000 to $499,999(% p.a.)
Rate Type
Interest

Base variable interest rate

0.10%

Bonus variable interest rate when conditions are met

4.35%

Total variable interest rate including maximum bonus*

4.45%

$500,000 to $999,999(% p.a.)
Rate Type
Interest

Base variable interest rate

0.10%

Bonus variable interest rate when conditions are met

4.25%

Total variable interest rate including maximum bonus*

4.35%

$1,000,000+(% 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%

Interest rates for this product only apply to the portion of the account balance that falls within the given balance tier, not the whole account 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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