On 15 November 2022 MyState Bank will increase the interest rate on Bonus Saver Accounts from the current maximum 3.6 percent to 3.85 percent.
An account holder will earn a total variable rate of 3.85% p.a. (the variable base rate of 0.05% p.a. plus a variable 3.80% p.a. bonus) when the following Bonus Saver Account eligibility criteria is met on balances up to $250,000.
• Make an eligible deposit of $20+ into the Bonus Saver Account each month; and
• Make 5+ settled (not pending) eligible Visa Debit card transactions each month from the linked Glide account (excludes ATM withdrawals, transfers, balance enquiries and EFTPOS cash-out only transactions).
A comparable rate (ie 3.85 percent) will be offered by UBank effective 1 December 2022 - https://www.ozbargain.com.au/node/733978
Meanwhile Great Southern Bank still holding firm at 2.7% or some sh1t - Quick to pass on their home loan rate increases though.