Savings Rate Check

Australian banks charge a loyalty tax. Find out how much yours is costing you in under 2 minutes.

Step 1 of 5

Which bank do you currently save with?

CommBank

Westpac

ANZ

NAB

ING

Macquarie

Suncorp

ubank

Rabobank

BOQ

Other bank

Step 2 of 5

What type of account is your savings in?

Everyday / transaction

High interest savings

Term deposit

Offset account

Step 3 of 5

What interest rate are you currently earning?

Check your bank app or statement. If unsure, enter your best guess.

Step 4 of 5

Roughly how much do you have in this account?

Under $5,000

$5,000 to $20,000

$20,000 to $50,000

$50,000 to $100,000

Over $100,000

Step 5 of 5

How long have you had this account?

Under 6 months

6 to 12 months

1 to 3 years

Over 3 years

Calculating what your bank is costing you...