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BankSA savings accounts

BankSA savings accounts at a glance

As of 20 Sept 2026, BankSA has 1 savings account in our dataset. The highest advertised rate is 5.15% p.a. on Incentive Saver, which requires you to keep a positive balance throughout the month and make at least 1 deposit each month and for customers aged 21 and over, grow the balance by at least $50 by month end and finish the month with a higher balance than you started with. Rates were last verified on 20 Sept 2026 against the bank's official product pages.

Rates as of 20 Sept 2026
BankProductMax rateOngoing rateIntro offerTop rate applies toConditions
BankSAIncentive Saver5.15% p.a.5.15% p.a.—Any balanceKeep a positive balance throughout the month. Make at least 1 deposit each month. For customers aged 21 and over, grow the balance by at least $50 by month end. Finish the month with a higher balance than you started with.

Incentive Saver

To earn the bonus rate, keep the balance above $0 at all times, make at least one deposit excluding interest, and finish the month with a higher balance than you started.

Last updated: 20 Sept 2026

Advertised rate
5.15% p.a.
Rate details
Ongoing rate
5.15% p.a.
Any balance
5.15% p.a.
How to get the best rate
  • Keep a positive balance throughout the month.
  • Make at least 1 deposit each month.
  • For customers aged 21 and over, grow the balance by at least $50 by month end.
  • Finish the month with a higher balance than you started with.
Who can open it
  • $50 cashback promotion currently listed.
  • Cashback promotion is limited to new customers.
  • Cashback requires a linked Complete Freedom account account.
  • Cashback requires depositing at least $50 within 10 days.

Rates, eligibility and product terms can change. Check the bank's official page before opening an account.