Adelaide Bank savings and bank accounts

Adelaide Bank offers personal bank accounts, savings account and term deposit accounts to members in the SA community.

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Must read: Important information

On June 30, 2024, the Everyday accounts and Term Deposit products were removed from sale. This information is for existing Everyday account and Term Deposit product holders only.

12 of 173 results
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Finder Score Maximum interest rate Base interest rate Max rate type & duration Monthly max rate conditions
Finder score
9.3
Maximum Variable Rate p.a.
5.10%
Standard Variable Rate p.a.
3.45%
Intro/Ongoing
4 month intro rate
Balance $0 to $250,000
Earn a high interest rate of 5.10% p.a. for the first 4 months and then 3.45% p.a. thereafter, with $0 account keeping fees and no monthly balance requirements.
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Finder score
9.6
Maximum Variable Rate p.a.
4.25%
Standard Variable Rate p.a.
4.25%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $250,000
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Finder score
9.5
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
3.95%
Intro/Ongoing
4 month intro rate
Welcome rate applies to balances $150,000 - $500,000
Ongoing rate applies to balances $150,000 - $5 million
Ideal for higher balances, savers can earn up to 5% for the first 4 months and up to 3.95% thereafter. There are no conditions and $0 account-keeping fees.
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MyState Bank logo
Finder score
9.7
MyState Bank Hello Saver
Finder score
9.7
Maximum Variable Rate p.a.
4.60%
Standard Variable Rate p.a.
4.25%
Intro/Ongoing
4 month intro rate
Balance up to $100,000
Intro rate for new customers only
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Suncorp Bank logo
Finder score
8.9
Suncorp Bank Growth Saver Account
Finder score
8.9
Maximum Variable Rate p.a.
4.30%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing rate
(conditions apply)
Grow balance by $200 each month (excl. interest)
Only 1 withdrawal
No balance limit on earning interest
Get a solid interest rate on your entire balance, with minimal conditions in order to get the max rate. This account doesn’t offer card access but you can make 1 withdrawal per month & grow your net balance by $200 (excl. interest) to earn the max rate.
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IMB logo
Finder score
8.9
IMB Reward Saver Kick Start
Finder score
8.9
Maximum Variable Rate p.a.
4.75%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $1,000,000
Deposit $20+ each month
No withdrawals
You can open this account if you are aged 13 to 17, or if you're a student, trainee or apprentice aged 18 to 30.
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Macquarie Bank logo
Finder score
9.7
Macquarie Savings Account
Finder Award
Finder score
9.7
Maximum Variable Rate p.a.
4.60%
Standard Variable Rate p.a.
4.25%
Intro/Ongoing
4 month intro rate
Balance $0 to $250,000
Earn a welcome variable rate of 4.6% p.a. for the first 4 months on balances up to $250,000 then 4.25% p.a. ongoing variable rate on balances up to $2m. There are no monthly requirements to earn interest.
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Newcastle Permanent logo
Finder score
8.5
Newcastle Permanent Smart Saver Account
Finder score
8.5
Maximum Variable Rate p.a.
3.75%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing rate
(conditions apply)
Grow balance
No more than 2 withdrawals
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ING logo
Finder score
9.2
ING Savings Maximiser
Most Loved
Finder score
9.2
Maximum Variable Rate p.a.
4.75%
Standard Variable Rate p.a.
0.01%
Intro/Ongoing
Ongoing rate
(conditions apply)
Deposit $1,000
5 transactions
Grow your balance
Balances up to $100,000
Get a $100 welcome bonus when you open a new Orange Everyday and Savings Maximiser account using the code 100BONUS and deposit $1,000 plus make 5 eligible debit card purchases by 31 Mar 2026. T&Cs apply.
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IMB logo
Finder score
6.4
IMB Reward Saver Account
Finder score
6.4
Maximum Variable Rate p.a.
4.50%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
4 month intro rate
Balance $0 to $1,000,000
Deposit $50
No withdrawals
Earn up to 2.5% p.a. after the introductory period ends.
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Ubank logo
Finder score
9.2
Ubank Save Account
Finder score
9.2
Maximum Variable Rate p.a.
5.10%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
4 month intro rate
Balance $0 to $1,000,000
Have a Spend account
Grow balance by $1 or more (excl. interest)
5.1% p.a. welcome bonus rate for new customers for the first 4 months, then an ongoing bonus rate of 4.35% p.a. when you hold a Ubank Spend accout and grow your Save balance by at least $1 (excluding interest) each month.
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Westpac logo
Finder score
9.1
Westpac Life (18-34 year olds only)
Finder score
9.1
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
0.10%
Intro/Ongoing
Ongoing rate
(conditions apply)
Make a deposit
Grow your balance
20 debit card purchases
Balances up to $30,000
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How the Finder Score helps you find a better savings account

The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.

We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?

Read the full breakdown

Quick facts about Adelaide Bank

  • Adelaide Bank was established in 1994 as an innovative community bank.
  • In 2007 it merged with Bendigo Bank, another community bank, to find more ways to benefit its customer shareholders around Australia.
  • Together Bendigo and Adelaide Bank form one of Australia's larger banks, giving Adelaide Bank the security of a high-investment security rating in addition to a government deposit guarantee.

What are the pros and cons of banking with Adelaide Bank?

The main downside of the Adelaide Bank accounts (different from Bendigo and Adelaide Bank accounts) is that they are exclusively for existing home loan customers only. The options are also limited to a single versatile account for each account type, rather than a wide range of different account options, often offered by other providers.

Pros

  • Simple account options
  • Accessible accounts with low minimum deposits
  • Local bank for the SA community, but backed by a larger bank

Cons

  • Only available to existing Adelaide Bank home loan customers
  • Only one account option for each type
  • Deposit rates are lower than what you can earn elsewhere

How do I apply for an Adelaide Bank account?

To open an account, get in contact with Adelaide Bank either over the phone or online. In order to apply, you will need to have a home loan with Adelaide Bank and will therefore generally also need to:

  • Be at least 18
  • Be a resident of Australia
  • Have secured residential address

If you haven't found what you're looking for yet, you can compare a wide range of additional savings accounts and bank accounts from other providers with Finder.

Sources

Alison Banney's headshot
Written by

Editorial Manager, Money

Alison is an editor at Finder and a personal finance journalist with over 10 years of experience, having contributed to major financial institutions and publications such as Westpac, Money Magazine, and Yahoo Finance. She is frequently quoted in media outlets like SmartCompany and SBS, offering expert insights on superannuation and money management. Alison holds a Bachelor of Communications in Public Relations and Journalism from the University of Newcastle, and has earned three ASIC RG146 certifications in superannuation, securities and managed investments and general financial advice, ensuring her expertise is fully aligned with ASIC standards. See full bio

Alison's expertise
Alison has written 659 Finder guides across topics including:
  • Superannuation
  • Savings accounts, bank accounts and term deposits
  • Budgeting and money-saving hacks
  • Managing the cost of living
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