MyState Bank
Every product MyState Bank publishes under the Consumer Data Right, with its rates set beside every other bank's. It last changed one on 28 Oct 2026.
- Deposits are covered by the government's Financial Claims Scheme up to $250,000 per account holder, one cap shared with Auswide Bank under the same banking licence. Who shares a cap
- Australian credit licence and AFS licence 240896, held by Mystate Bank Limited; credit licence since 7 January 2011. Complaints it can't resolve go to the Australian Financial Complaints Authority (AFCA). ASIC register
18 products in 3 categories
MyState Bank's rates today
MyState Bank's best rate in each category, next to the best you'll find anywhere and the typical institution's best, as of 7 November 2026. Only products anyone can apply for are counted.
Where MyState Bank sits among every institution's best
| Rate | MyState Bank | Best anywhere | Typical institution |
|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 6.44%Basic Variable Loan | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions |
| 3-year fixed home loanOwner occupier, principal & interest, 80% LVR | 6.74%Fixed Rate Loan | 6.24%Credit Union SA's 3-Year Fixed 40 Year Home Loan Package | 6.69%of 80 institutions |
| Savings accountBase plus any bonus, when its conditions are met | 5.20%Bonus Saver | 5.75%Defence Bank Limited's iSaver | 4.85%of 73 institutions |
| 12-month term depositBest rate for a 12-month term | 5.30%AMM - Regular Term Deposit | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| Business 12-month term depositBest rate for a 12-month term | 5.25%Business Term Deposit | 5.70%AMP Bank GO 12 Month Business Term Deposit | 5.30%of 17 institutions |
MyState Bank home loan repayments
Repayments at MyState Bank's lowest published rate for each loan type: owner occupier at 80% LVR unless marked investor, principal and interest, products open to anyone.
- VariableBasic Variable Loan6.44%6.47% comparison$3,769a month
$756,755 in interest, $1,356,755 repaid in all
- 1-year fixedFixed Rate Loan6.69%8.48% comparison$3,868a month
$792,368 in interest, $1,392,368 repaid in all
- 2-year fixedFixed Rate Loan6.69%8.26% comparison$3,868a month
$792,368 in interest, $1,392,368 repaid in all
- 3-year fixedFixed Rate Loan6.74%8.10% comparison$3,888a month
$799,536 in interest, $1,399,536 repaid in all
- 5-year fixedFixed Rate Loan7.04%7.95% comparison$4,008a month
$842,861 in interest, $1,442,861 repaid in all
- Investor variableBasic Variable Loan6.49%6.54% comparison$3,788a month
$763,847 in interest, $1,363,847 repaid in all
Principal and interest, monthly, as if the rate held for the whole term: a fixed rate reverts to a variable one when the fixed period ends. Fees, offsets and extra repayments aren't included; the repayment calculator handles those. Not MyState Bank's own calculator: confirm the rate with MyState Bank before you apply.
MyState Bank home loan rates
Compare across banks4 products
Its lowest owner-occupier variable home loan rate (principal and interest, 80% LVR) is 6.44%, with a comparison rate of 6.47%, on its Basic Variable Loan: 60th lowest of 104 lenders, level with 5 others.
- Basic Variable Loan
- Variable (owner occ. P&I)
- 6.29%, 6.32% comparison
- Variable (investor P&I)
- 6.44%
- Max LVR
- 100%
- Fixed Rate Loan
- Fixed
- 1 yr 6.64%, 2 yrs 6.64%, 3 yrs 6.69%, 5 yrs 7.04%
- Max LVR
- 98%
- Features
- extra repayments
- Special Residential Variable Loan
- Variable (owner occ. P&I)
- 6.29%, 6.34% comparison
- Variable (investor P&I)
- 6.44%
- Max LVR
- 100%
- Standard Variable Loan
- Variable (owner occ. P&I)
- 8.62%, 8.68% comparison
- Variable (investor P&I)
- 8.62%
- Max LVR
- 100%
MyState Bank savings and transaction account rates
Compare across banks8 products
Its highest savings rate is up to 5.20% (0.00% base plus a 5.20% bonus when its conditions are met), on its Bonus Saver: 29th highest of 84 institutions, level with 2 others.
- Basic Account
- Pricing
- Rates on application
- Monthly fee
- $0
- Bonus Saver
- Bonus rate
- 5.20%
- Up to
- 5.20%
- Business Online Saver
- Base rate
- 0.00%
- E&P High Yield Account
- Base rate
- 4.50%
- Everyday Business Account
- Pricing
- Rates on application
- Monthly fee
- $6
- Glide Account
- Base rate
- 0.00%
- Monthly fee
- $0
- Hello Saver account
- Base rate
- 3.00%
- Intro rate
- 5.65% for 4 mo
- Monthly fee
- $0
- Offset Account
- Pricing
- Rates on application
- Monthly fee
- $8
MyState Bank term deposit rates
Compare across banks6 products
Its highest 12-month term deposit rate is 5.30%, on its AMM - Regular Term Deposit: 28th highest of 65 institutions, level with 14 others.
| Rate | MyState Bank | Best anywhere | Typical institution |
|---|---|---|---|
| 3-month term depositBest rate for 3 months | 5.05%Online Term Deposit | 5.30%Heartland Bank's Broker Term Deposit | 4.60%of 55 institutions |
| 6-month term depositBest rate for 6 months | 5.20%AMM - Regular Term Deposit | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions |
| 12-month term depositBest rate for 12 months | 5.30%AMM - Regular Term Deposit | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions |
| 2-year term depositBest rate for 2 years | 5.15%Online Term Deposit | 5.60%Judo Bank's Personal Term Deposits | 4.90%of 55 institutions |
| 3-year term depositBest rate for 3 years | 4.25%Regular Term Deposit | 5.60%Judo Bank's Personal Term Deposits | 4.25%of 44 institutions |
- AMM - Regular Term Deposit
- Best rate
- 5.30% for 12m
- 12 months
- 5.30%
- Min deposit
- $5,000
- Business Term Deposit
- Best rate
- 5.40% for 11m
- 12 months
- 5.25%
- Min deposit
- $5,000
- E&P - Regular Term Deposit
- Best rate
- 5.30% for 12m
- 12 months
- 5.30%
- Min deposit
- $5,000
- Online Term Deposit
- Best rate
- 5.40% for 11m
- 12 months
- 5.25%
- Min deposit
- $5,000
- Ord Minnett - Regular Term Deposit
- Best rate
- 5.30% for 12m
- 12 months
- 5.30%
- Regular Term Deposit
- Best rate
- 5.40% for 11m
- 12 months
- 5.25%
- Min deposit
- $5,000
Has MyState Bank passed on the RBA's November 2026 rate rise?
MyState Bank hasn't changed its published variable home loan rates since the RBA's 4 Nov 2026 rise.
Its published savings rates haven't moved since the RBA's 4 Nov 2026 rise.
Wed 28 Oct
MyState Bank cut 2 variable home loan rates by 1.00 percentage points.
1.00
Tue 27 Oct
MyState Bank lifted 36 variable home loan rates by 0.15 to 1.25 percentage points.
0.15 to 1.25- Standard Variable Loan (4 rates)
- Special Residential Variable Loan (16 rates)
- Basic Variable Loan (16 rates)
MyState Bank lifted 33 fixed home loan rates by 0.10 to 0.15 percentage points.
0.10 to 0.15MyState Bank lifted 6 term deposit rates by 0.05 to 0.10 percentage points.
0.05 to 0.10- Regular Term Deposit (2 rates)
- Business Term Deposit (2 rates)
- Online Term Deposit (2 rates)
Thu 8 Oct
MyState Bank lifted 5 savings rates by 0.25 percentage points.
0.25- Hello Saver account (3 rates)
- Bonus Saver (2 rates)
Tue 29 Sep
MyState Bank lifted 18 term deposit rates by 0.75 to 1.35 percentage points.
0.75 to 1.35- Regular Term Deposit (6 rates)
- Business Term Deposit (6 rates)
- Online Term Deposit (6 rates)
Published by MyState Bank under the Consumer Data Right, last changed by them on 28 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.