As a member-owned bank, we carefully consider the needs of all our members to ensure we make a balanced decision.
RBA interest rate update.
On 5 May 2026, the Reserve Bank of Australia (RBA) announced an increase of 0.25% to the cash rate.
This has resulted in a decision to increase our interest rates, to enable us to remain sustainable and competitive, and align our products to market conditions.
As a result, Beyond Bank is increasing interest rates by:
- 0.25% for variable owner-occupier and investor loans
- 0.25% for variable commercial loans.
As a member-owned bank, our focus is always on our members. We know that there have been multiple rate increases and ongoing uncertainty. To assist you with planning for this change, the change will take place five weeks from now, with the effective date delayed until Wednesday, 10 June 2026.
The variable loan rate increase is effective from Wednesday, 10 June 2026.
We will send you details on how to update your payment in June.
We're here to help.
We are mindful of cost-of-living pressures and the impact increasing interest rates can have on household finances - if you need assistance with your loans, please call 13 25 85, option 2 to speak to our specialist team.
If you are concerned about meeting your repayments, please visit our financial stress page to find out more about making suitable arrangements.
For general tips and resources for your financial wellbeing, please visit our financial wellbeing hub.
Changes to savings accounts.
Following the Reserve Bank of Australia’s (RBA) decision to increase the official cash rate, Beyond Bank will also be making some adjustments to our savings account interest rates. The tables below show some of the rate changes that we will be making to our Savings Account products. Rates for these accounts will change on Tuesday, 19 May 2026.
Current Savings Accounts.
From Tuesday, 19 May 2026, Beyond Bank’s advertised Savings Accounts Interest Rates will be as follows.
monEsaver
|
Tier |
Current Rate (% p.a.) |
New Rate (% p.a.) |
Change (% p.a.) |
|
$0 - $4,999 |
2.00 |
2.20 |
0.20 |
|
$5,000 - $199,999 |
2.30 |
2.50 |
0.20 |
|
$200,000 + |
2.55 |
2.75 |
0.20 |
Purple Bonus Saver
|
Tier |
Current Total Rate (% p.a.)* |
New Total Rate (% p.a.)* |
Change (% p.a.) |
|
$0 - $199,999 |
4.40 |
4.65 |
0.25 |
|
$200,000+ |
0.01 |
0.01 |
No change |
Community Reward Account
|
Tier |
Current Rate (% p.a.) |
New Rate (% p.a.) |
Change (% p.a.) |
|
$0 - $4,999 |
2.90 |
3.40 |
0.50 |
|
$5,000 - $199,999 |
3.20 |
3.70 |
0.50 |
|
$200,000 + |
3.30 |
3.80 |
0.50 |
Retirement Account (and no longer available Everyday 55 Account)
|
Tier |
Current Rate (% p.a.) |
New Rate (% p.a.) |
Change (% p.a.) |
|
$0 - $4,999 |
1.20 |
1.40 |
0.20 |
|
$5,000 - $48,599 |
1.40 |
1.60 |
0.20 |
|
$48,600 + |
1.85 |
2.05 |
0.20 |
BU Account
|
Tier |
Current Rate (% p.a.) |
New Rate (% p.a.) |
Change (% p.a.) |
|
$0 + |
2.95 |
3.15 |
0.20 |
Community Account (and no longer available Cash Management Account)
|
Tier |
Current Rate (% p.a.) |
New Rate (% p.a.) |
Change (% p.a.) |
|
$0 - $4,999 |
0.01 |
0.01 |
No Change |
|
$5,000 - $19,999 |
0.40 |
0.55 |
0.15 |
|
$20,000 - $99,999 |
0.90 |
1.05 |
0.15 |
|
$100,000+ |
1.15 |
1.30 |
0.15 |
Bank Guarantee Facility Account
|
Tier |
Current Rate (% p.a.) |
New Rate (% p.a.) |
Change (% p.a.) |
|
$0 + |
3.70 |
3.95 |
0.25 |
Accounts no longer available for sale.
From Tuesday, 19 May 2026, Beyond Bank’s Savings Accounts Interest Rates will be as follows.
These accounts can no longer be opened, and the following rates apply to existing accounts only.
Junior Saver Account
|
Tier |
Current Rate (% p.a.) |
New Rate (% p.a.) |
Change (% p.a.) |
|
$0 + |
2.80 |
3.00 |
0.20 |
Bonus Saver Account / Bonus Youth Account
|
Tier |
Current Total Rate (% p.a.)* |
New Total Rate (% p.a.)* |
Change (% p.a.) |
|
$0 - $4,999 |
1.90 |
2.10 |
0.20 |
|
$5,000 + |
2.10 |
2.30 |
0.20 |
Double Interest Saver Account
|
Tier |
Current Total Rate (% p.a.)* |
New Total Rate (% p.a.)* |
Change (% p.a.) |
|
$0 - $4,999 |
1.92 |
2.12 |
0.20 |
|
$5,000 + |
2.12 |
2.32 |
0.20 |
Junior Saver Bonus Account
|
Tier |
Current Total Rate (% p.a.)* |
New Total Rate (% p.a.)* |
Change (% p.a.) |
|
$0 - $4,999 |
2.80 |
3.00 |
0.20 |
|
$5,000 + |
2.80 |
3.00 |
0.20 |
Home Saver Account
|
Tier |
Current Total Rate (% p.a.)* |
New Total Rate (% p.a.)* |
Change (% p.a.) |
|
All balances |
2.25 |
2.40 |
0.20 |
Christmas Club Account
|
Tier |
Current Rate (% p.a.) |
New Rate (% p.a.) |
Change (% p.a.) |
|
All Balances |
2.20 |
2.35 |
0.15 |
* The total interest amount includes bonus interest and will apply where eligibility is met. For details, see our product guide or applicable product schedule. Where total interest eligibility is not met, the base interest applicable to the account will apply; see all interest rates.
About Beyond Bank.
Beyond Bank has more than 330,000 member-owners. Because our members own the bank, all monies generated by the organisation are reinvested into the business to provide products and services and maintain the bank’s strong capital position.
If you need assistance, we're here to help, please call us on 13 25 85, or visit your nearest branch.
