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Interest rate update – 30 November 2022

Following the decision of the Reserve Bank of Australia (RBA) on 1 November 2022 to increase the official cash rate, we have reviewed our deposit interest rates.

What rates are changing?

Savings account rates

Effective 1 December 2022, some Savings account rates will increase.

Savings accounts
Reward Saver Bonus rate 2.29% pa to 2.79% pa
iSave Base rate 1.40% pa to 1.60% pa
Business iSave $10,000+ 0.90% pa to 1.05% pa
Clancy Koala Bonus rate 2.29% pa to 2.79% pa
Retirement Account Tiered rate $1 – $49,999 Unchanged at 0.40% pa
  Tiered rate $50,000 – $249,999 Unchanged at 0.70% pa
  Tiered rate $250,000+ 1.30% pa to 1.45% pa

More information and support​

You may have questions about the changes, so we have answered some of the more commonly asked questions here.

If you are experiencing financial difficulties, or anticipate that you may, the best thing you can do is speak to us as soon as possible. Please call us on 1300 004 863 or email