The Finance Algorithm
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Bonus Saver

Be rewarded with bonus interest for regular saving

Savings & transaction accountsBank updated 1 Oct 2026

At a glance

Up to
5.20%
Base rate
0.01%
Bonus rate
5.19%

Rates

Every rate QBANK publishes for this account, 4 in all.

How the rate is made up

5.20%in a month every condition is met

0.01% base rate5.19% bonus, when its conditions are met
TypeApplies toTermBandRateComparisonConditions
Bonus--up to $1,000,0005.19%-paid every 1 mo
Bonus--$1,000,000+0.00%-paid every 1 mo
Variable--up to $1,000,0000.01%-paid every 1 mo
Variable--$1,000,000+0.01%-paid every 1 mo

Rate changes

One change logged, newest first.

DateRateWasNowChange
1 Oct 2026Bonus, up to $1,000,0004.94%5.19%up 0.25

Each change is logged the night it appears in the rates QBANK publishes. See how every lender answered the RBA on the rate tracker.

Fees

4 fees published, grouped by when they're charged.

While you hold it1

  • DORMANCY

    Charge $10 every 6 months

    $20

When you make a transaction1

  • RECALL_OF_TELEGRAPHIC_TRANSFER_(WITHIN_AUSTRALIA_&_OVERSEAS)
    $35

When particular things happen2

  • RECALL_OF_BPAY
    $12
  • RECALL_OF_EXTERNAL_TRANSFER

    Includes NPP and OSKO transactions to other financial institutions

    $40

Features

Instant paymentsPayIDDigital banking
  • Bonus Interest paid if you deposit $200 or more in a month and no withdrawals.

Eligibility and limits

  • You must be a member. Membership is open to current or former employees of police, ambulance, firies, health workers, emergency services, correctional services and government employees as well as the…

Published by QBANK under the Consumer Data Right, last changed by them on 1 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.