Beyond Bank AustraliaPurple Bonus Saver
The Purple Bonus Saver Account is designed to assist you to grow your savings and achieve your goals.
At a glance
- Up to
- 4.90%
- Base rate
- 0.01%
- Bonus rate
- 4.89%
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
What a bonus account pays in a month its conditions aren't met. One dot per institution, at its highest base rate on a bonus savings account anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Bonus savings accountBase plus bonus, when every condition is met | 4.90% | 5.75%Defence Bank Limited's iSaver | 5.25%of 51 institutions | 35th highest of 51, level with one other |
| Bonus account, conditions missedWhat a bonus account pays in a month its conditions aren't met | 0.01% | 3.45%Heritage's Online Saver Account | 0.10%of 43 institutions | 36th highest of 43, level with 7 others |
Rates
Every rate Beyond Bank Australia publishes for this account, 3 in all.
How the rate is made up
4.90%in a month every condition is met
To earn the bonus
- Deposit at least $50 into the account each month.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| BonusYou will become eligible for bonus interest if you: a) deposit at least $50 during the month; and b) do not make a withdrawal during the same month. Interest is paid monthly. | - | - | up to $200,000 | 4.89% | - | paid every 1 mo; Deposit at least $50 into the account each month.; BONUS TIERS |
| BonusNo bonus interest is earned on balances greater than $200,000.01 the base rate will apply. Interest is paid monthly. | - | - | $200,000+ | 0.01% | - | paid every 1 mo; BONUS TIERS |
| VariableInterest is paid monthly. If bonus conditions are not met, the rate of interest will be the base rate. | - | - | - | 0.01% | - | paid every 1 mo |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 13 Oct 2026 | Bonus, up to $200,000 | 4.64% | 4.89% | up 0.25 |
Each change is logged the night it appears in the rates Beyond Bank Australia publishes. See how every lender answered the RBA on the rate tracker.
Fees
One fee published, grouped by when they're charged.
When you make a transaction1
- Purple Bonus Saver Fee
This fee is payable for over the counter cash withdrawals, staff assisted transfers or BPAY payments made in branch or over the phone by the Member Service Centre. Receive two free transactions per m…
$2.50
Features
Eligibility and limits
- Available to individuals
- Membership: You must be or become a Beyond Bank Australia member
Compare it with others
Put this product through a calculator
Published by Beyond Bank Australia under the Consumer Data Right, last changed by them on 12 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.