Bank Aust Online Saver Summary
Description
A flexible online savings accounts which allows you to bucket your savings goals.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Applicants must be at least 0.
- Ongoing rate cap: $499,999.99. See the rate breakdown for higher balances.
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Details
Key details
| Product name | Bank Aust Online Saver |
|---|---|
| Maximum variable rate | 4.60% p.a. |
| Ongoing interest rate | 4.60% p.a. |
| Base interest rate | 4.60% p.a. |
| Minimum age | 0 years |
Source: noren.com.au
All comparison details
| Base | 4.60% |
|---|---|
| Ongoing | 4.60% |
| Ongoing cap | $500K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 0 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 4.60% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 4.60% | Whole balance | Up to $499,999.99 |
| Standard variable | 4.70% | Whole balance | $500k to $1,999,999.99 |
| Standard variable | 3.00% | Whole balance | $2m and over |
Source: noren.com.au
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Requirements
- No ongoing monthly deposit, growth, purchase or withdrawal-count qualification. The applicable tier rate applies to the whole balance.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Bank Aust.
- Children aged 12 years and younger requires that a parent or guardian is a signatory to the account until the child turns 13 years old. At the age of 13 years old, the parent or guardian may at the child's election, cease to be a signatory.
- Natural Person or In trust for a Natural Person
- Personal, Joint and Trust
- AU: Must be an Australian citizen, permanent resident or have a valid Visa.
- Personal savings use only. Children aged 12 and under require a parent/guardian signatory. mySaver is under 25 and converts to Bonus Saver at 25. Online Saver and Bonus Saver have a provider maximum account balance of $10m.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected and verified on 31 Oct 2026.