Rates and fees verified as correct at 18 May 2022. Other information correct at the time of writing. Advertiser disclosure.
| Product | Interest rate | Maximum rate | Govt deposit guarantee |
|---|---|---|---|
| Bonus Saver |
0.01% p.a.(for $0 and over) |
0.40% p.a. (for $0 to $250,000) |
Yes up to $250,000 |
| mySaver |
0.01% p.a.(for $0 and over) |
0.60% p.a. (for $0 to $50,000) |
Yes up to $250,000 |
| Online Saver |
0.15% p.a.(for $5,000 and over) |
No Current Offer |
Yes up to $250,000 |
Mozo users have rated Bank Australia savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
158 Reviews
I want to put my money where my values are, and Bank Australia lets me do this, as a bank that only invests in ethical options.
Read full reviewI want to put my money where my values are, and Bank Australia lets me do this, as a bank that only invests in ethical options.
The girls at my branch are always so friendly and helpful. They have helped me with a few difficulties that I was having so that I could understand how to solve it myself if I ever had the same problem again.
Read full reviewThe girls at my branch are always so friendly and helpful. They have helped me with a few difficulties that I was having so that I could understand how to solve it myself if I ever had the same problem again.
They put their customers and the environment first. You feel like your money is being put to good use.
Read full reviewThey put their customers and the environment first. You feel like your money is being put to good use.
I joined Bank Australia when it was still a credit union. I was attracted by its ethical policies and commitment to climate change and environmental restoration. The interest rates are not as high as some other banks, but are reasonably competitive. I do feel that since becoming a bank there is less focus on fairness in their fee policies. For example you pay less account keeping fees if you have $50k in total funds with them. I don't think this is fair.
Read full reviewI joined Bank Australia when it was still a credit union. I was attracted by its ethical policies and commitment to climate change and environmental restoration. The interest rates are not as high as some other banks, but are reasonably competitive. I do feel that since becoming a bank there is less focus on fairness in their fee policies. For example you pay less account keeping fees if you have $50k in total funds with them. I don't think this is fair.
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