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Alert: Contact Centre wait times - Wednesday 26 November 2025.  Our contact centre is currently experiencing longer than usual wait times due to high call volumes. We're sorry for any inconvenience and appreciate your patience as we work to assist everyone as quickly as possible. Learn more.

2025-06-03 9:39 am
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Alert - 10:30am Wednesday 26 November: Internet banking setup issue affecting former Australian Unity Bank customers. Learn more.

2025-06-02 11:42 am

Bonus Saver Intro Offer

Earn up to

4.75%p.a.

Variable rate

Effective 6 November 2025.

On balances up to $100,000.

‍Terms and conditions apply.

Open an account

Existing customer? Login to internet banking.

Two Bank Australia customers talking to each other

Things you need to know about this offer

  • New Bonus Saver accounts only
  • Limited time offer, subject to change at our discretion at anytime#

Bonus Saver total introductory interest rate explained

Introductory fixed rate

p.a.

0.40   % p.a.

Fixed bonus rate for the first three months when you open a new Bonus Saver account (on balances up to $250,000).

Base variable rate

p.a.

0.10   % p.a.

At a minimum, you'll get this rate (subject to change).

Bonus variable rate

4.25   % p.a.

p.a.

Earn bonus rate by:

Depositing $100+ each month.

Make no withdrawals each month.

The rate above is for balances up to $100,000.

Bonus rates vary depending on balance amount.

Total introductory interest rate

4.75   % p.a.

p.a.

Total rate (introductory fixed rate + base variable rate + bonus variable rate) you could earn on a new Bonus Saver account for the first three months (on balances up to $100,000), then continue earning with our competitive variable rates.

Only available on new Bonus Saver accounts. After 3 months, the base variable interest rate and bonus variable interest rates apply to your Bonus Saver account if bonus interest conditions are met. See all Bonus Saver rates.

Bonus Saver features

Discover how our Bonus Saver can help you grow your savings faster.

Online access

Use the Bank Australia app and internet banking to check your savings and move money if you need to.

No monthly fees

With no account fees, deposit fees or domestic online transfer fees, it’s just straightforward savings.

Round UP

Grow your savings with small change. Eligible purchases on your Visa Debit card are rounded up to the nearest $1, $5 or $10.
‍

Joint accounts

‍Open an account with another person.
Joint accounts are available with any of our transaction or savings accounts.

Savings buckets

Organise your savings into buckets – think ‘bills’ and ‘holidays’ – simply by opening a second Bank Australia savings account, like Online Saver.

Security

Know your money is safe with card controls, security alerts and more.

How to apply

  • Have your smartphone and your Australian driver's licence or Australian passport handy when you apply.

    Please note you must be 18+ to open online

  • Complete your online ID verification and account application.

  • Start using your new account.

Open an account

Why us?

Join an ethical bank

Get started in less than 5 minutes – all you need is your smartphone and your Australian driver’s licence or Australian passport.

Open an account

Things you need to know

‍

#BONUS SAVER INTRO OFFER TERMS AND CONDITIONS‍

  • Applications received on and from 6 November 2025
  • Limited time offer, subject to change at our discretion at anytime
  • New Bonus Saver accounts only
    We reserve the right to change the rate at any time. Advertised variable rates are current at the time of publication but can be changed at any time.

‍

GENERAL ADVICE

Information provided is of a general nature only. In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents below and Target Market Determination before making a decision to apply for products with Bank Australia.

Terms, conditions, fees and charges are applicable as outlined below.