Saving rates

Variable rate savings accounts

Interest is calculated daily and paid into your account on the first business day of the following month.

Easy Saver
Balance 4-month variable introductory rate The Easy Saver variable introductory rate only applies to new accounts. Not available if you’ve had the introductory rate on an Easy Saver Account in the last two years. Variable introductory rate and term are set out in the welcome letter. At the end of the introductory rate term, the account reverts to the Easy Saver variable rate. T&Cs subject to change. Standard variable rate
Up to $250,000.99
5.35% p.a.
4.00% p.a.
$250,001 to $1,000,000.99
4.75% p.a.
2.00% p.a.
$1,000,001 to $5,000,000.99
4.75% p.a.
2.00% p.a.
More than $5,000,001
4.75% p.a.
2.00% p.a.
Easy Saver
Balance
4-month variable introductory rate The Easy Saver variable introductory rate only applies to new accounts. Not available if you’ve had the introductory rate on an Easy Saver Account in the last two years. Variable introductory rate and term are set out in the welcome letter. At the end of the introductory rate term, the account reverts to the Easy Saver variable rate. T&Cs subject to change.
Standard variable rate
Up to $250,000.99
5.35% p.a.
4.00% p.a.
$250,001 to $1,000,000.99
4.75% p.a.
2.00% p.a.
$1,000,001 to $5,000,000.99
4.75% p.a.
2.00% p.a.
More than $5,000,001
4.75% p.a.
2.00% p.a.
Hero Saver
Balance Bonus rate Hero rate The variable Hero rate is calculated by combining the variable standard rate and Bonus rate. Standard variable rate
Up to $250,000.99
3.60% p.a.
4.60% p.a.
1.00% p.a.
$250,001 to $5,000,000.99
not applicable
-
not applicable
-
1.00% p.a.
Hero Saver
Balance
Hero rate The variable Hero rate is calculated by combining the variable standard rate and Bonus rate.
Standard variable rate
Up to $250,000.99
3.60% p.a.
4.60% p.a.
1.00% p.a.
$250,001 to $5,000,000.99
not applicable -
not applicable -
1.00% p.a.

Rates subject to change. Interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers.

Make sure this account is right for you. Read the Australian Bankers' Association’s Smarter Banking Booklet (PDF) for more information.

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