Personal Savings Account 5.35% p.a. on Balance up to $250,000 (Deposit $300/Month Required) @ Judo Bank
New banner added to the Judo Bank savings webpage. Currently savings rate is 5.10%, so this will increase it to 5.35% p.a. from 23 March 2026
Following the recent Reserve Bank of Australia cash rate announcement, Judo Bank will increase variable interest rates on its savings products by 0.25% p.a. for new and existing Savings Account customers, effective 23 March 2026. Rates displayed on our website have not yet been updated to reflect this change.
Assume it to be the same bonus structure as it is currently, so 5.30% p.a. bonus rate +0.05% p.a. base rate.
The increase is effective six days after the RBA's announcement, unlike Macquarie who are taking 16 days to action it. No word yet from ING - has the crown been knocked off? ING are increasing their rate to 5.25% from 27 March 2026
for the formatting
- No withdrawal penalties
- No balance growth requirements
- No linked accounts required
- No minimum card purchases
| Balance tier | Base Rate | Bonus Rate | Total Variable Rate |
|---|---|---|---|
| $1 – $250,000 | 0.05% p.a. | 5.30% p.a. | 5.35% p.a. |
| $250,001 – $2,000,000 | 0.05% p.a. | 4.80% p.a. | 4.85% p.a. |
| $2,000,001+ | 0.05% p.a. | N/A | 0.05% p.a. |
Rates are current as of 23 March 2026 and are subject to change.
How to unlock your bonus rate
1. Deposit $300 a month.
To trigger the bonus rate, simply deposit $300 or more into your savings account each calendar month.
2. Access your money anytime.
Unlike other banks, we don’t penalise you for making withdrawals. You can move money out for emergencies without losing eligibility.
3. Watch it grow.
Interest is calculated daily and paid monthly. Track your progress instantly via the Judo Bank mobile app.
Judo Bank Pty Ltd is listed on APRA - List of authorised deposit-taking institutions covered under the Financial Claims Scheme(apra.gov.au
https://www.judo.bank/savings-accounts/personal-savings-account/
