You are here:
savings accounts

Compare savings accounts

We've made it quick and easy to compare savings accounts from Australia's banks. Check out the popular savings account table below for some of the market's latest savings account offers or compare the whole market with our fast and simple search tool.

Today's sponsored deal

- RaboDirect
- RaboDirect
  
  High interest savings
  - 4-month special introductory variable rate for balances up to $250,000 for new customers
  - Absolutely no fees
  - No fixed term or minimum balance
- special rate
  4.76%
  bonus rate for 4 months
- standard interest rate
  3.50%
  
  account fee per month
  $0.00
- Go to site
Click for more info

Product info Less info

Special rate conditions Bonus rate for the first 4 months from account opening

Access Internet banking

Minimum balance $0.00

Other restrictions Must link to a transaction account

ING DIRECT
ING DIRECT

Savings Maximiser
- An ongoing Loyalty Bonus after your Welcome Rate
- No ING DIRECT fees
- No fixed term or minimum balances
special rate
4.75%
p.a. For 4 months from account opening for new customers, on balances up to $250,000.
standard interest rate
3.00%

account fee per month
$0.00
Go to site

Click for more info

Bankwest
Bankwest

TeleNet Saver
- 6 month variable intro rate for new TeleNet Saver customers only
- No minimum monthly deposit
- No fees
special rate
4.55%
bonus rate for 6 months
standard interest rate
3.00%

account fee per month
$0.00
Go to site

Click for more info

NAB
NAB

iSaver
- No transaction or account keeping fees
- Unlimited withdrawals and deposits with no impact on interest rates
- No minimum or opening balance
special rate
4.25%
bonus rate for 4 months
standard interest rate
2.75%

account fee per month
$0.00
Go to site

Click for more info

Greater Building Society
Greater Building Society

Bonus Saver
- If you make at least one deposit per calendar month into your account and no withdrawals, you'll get a bonus interest rate
- No monthly account keeping fees
- Free internet, mobile and phone banking
special rate
4.00%
minimum one deposit, no withdrawals
standard interest rate
0.00%

account fee per month
$0.00
Go to site

Click for more info

- bankmecu
- bankmecu
  
  mySaver
  - Earn bonus on your savings if you deposit $10 or more per calendar month and do not make any withdrawals during the calendar month
  - No monthly or account keeping fees
- special rate
  4.00%
  minimum deposit $100, no withdrawals
- standard interest rate
  0.25%
  
  account fee per month
  $0.00
- Go to site
Click for more info

Product info Less info

Special rate conditions Minimum deposit of $100 and no withdrawals in the month

Access BPay, Branch access, Phone banking, Internet banking

Minimum balance $0.00

Other restrictions

- RaboDirect
- RaboDirect
  
  High interest savings
  - 4-month special introductory variable rate for balances up to $250,000 for new customers
  - Absolutely no fees
  - No fixed term or minimum balance
- special rate
  4.76%
  bonus rate for 4 months
- conditions
  Bonus rate for the first 4 months from account opening
- Go to site
Click for more info

Product info Less info

Standard interest rate 3.50%

Account fee per month $0.00

Access Internet banking

Minimum balance $0.00

Other restrictions Must link to a transaction account

ING DIRECT
ING DIRECT

Savings Maximiser
- An ongoing Loyalty Bonus after your Welcome Rate
- No ING DIRECT fees
- No fixed term or minimum balances
special rate
4.75%
p.a. For 4 months from account opening for new customers, on balances up to $250,000.
conditions
Bonus rate of 1.75% applies for the first 4 months on balances up to $250,000. After that, bonus rate of 0.75% if balance increased by $200 in the month on balances up to $50,000.
Go to site

Click for more info

Bankwest
Bankwest

TeleNet Saver
- 6 month variable intro rate for new TeleNet Saver customers only
- No minimum monthly deposit
- No fees
special rate
4.55%
bonus rate for 6 months
conditions
Bonus rate for the first 6 months from account opening
Go to site

Click for more info

NAB
NAB

iSaver
- No transaction or account keeping fees
- Unlimited withdrawals and deposits with no impact on interest rates
- No minimum or opening balance
special rate
4.25%
bonus rate for 4 months
conditions
Bonus rate for the first 4 months from account opening on balances up to $1,000,000
Go to site

Click for more info

Greater Building Society
Greater Building Society

Bonus Saver
- If you make at least one deposit per calendar month into your account and no withdrawals, you'll get a bonus interest rate
- No monthly account keeping fees
- Free internet, mobile and phone banking
special rate
4.00%
minimum one deposit, no withdrawals
conditions
Minimum one deposit and no withdrawals in the month
Go to site

Click for more info

- bankmecu
- bankmecu
  
  mySaver
  - Earn bonus on your savings if you deposit $10 or more per calendar month and do not make any withdrawals during the calendar month
  - No monthly or account keeping fees
- special rate
  4.00%
  minimum deposit $100, no withdrawals
- conditions
  Minimum deposit of $100 and no withdrawals in the month
- Go to site
Click for more info

Product info Less info

Standard interest rate 0.25%

Account fee per month $0.00

Access BPay, Branch access, Phone banking, Internet banking

Minimum balance $0.00

Other restrictions

- RaboDirect
- RaboDirect
  
  High interest savings
  - 4-month special introductory variable rate for balances up to $250,000 for new customers
  - Absolutely no fees
  - No fixed term or minimum balance
- standard interest rate
  3.50%
- account fee per month
  $0.00
  
  minimum balance
  $0.00
- Go to site
Click for more info

Product info Less info

Special rate 4.76%
bonus rate for 4 months

Special rate conditions Bonus rate for the first 4 months from account opening

Access Internet banking

Other restrictions Must link to a transaction account

- Bankwest
- Bankwest
  
  TeleNet Saver
  - 6 month variable intro rate for new TeleNet Saver customers only
  - No minimum monthly deposit
  - No fees
- standard interest rate
  3.00%
- account fee per month
  $0.00
  
  minimum balance
  $0.00
- Go to site
Click for more info

Product info Less info

Special rate 4.55%
bonus rate for 6 months

Special rate conditions Bonus rate for the first 6 months from account opening

Access Phone banking, Internet banking

Other restrictions Must link to a transaction account

ING DIRECT
ING DIRECT

Savings Maximiser
- An ongoing Loyalty Bonus after your Welcome Rate
- No ING DIRECT fees
- No fixed term or minimum balances
standard interest rate
3.00%
account fee per month
$0.00

minimum balance
$0.00
Go to site

Click for more info

NAB
NAB

iSaver
- No transaction or account keeping fees
- Unlimited withdrawals and deposits with no impact on interest rates
- No minimum or opening balance
standard interest rate
2.75%
account fee per month
$0.00

minimum balance
$0.00
Go to site

Click for more info

- RaboDirect
- RaboDirect
  
  High interest savings
  - 4-month special introductory variable rate for balances up to $250,000 for new customers
  - Absolutely no fees
  - No fixed term or minimum balance
- account fee per month
  $0.00
- standard interest rate
  3.50%
  
  special rate
  4.76%
  bonus rate for 4 months
- Go to site
Click for more info

Product info Less info

Special rate conditions Bonus rate for the first 4 months from account opening

Access Internet banking

Minimum balance $0.00

Other restrictions Must link to a transaction account

ING DIRECT
ING DIRECT

Savings Maximiser
- An ongoing Loyalty Bonus after your Welcome Rate
- No ING DIRECT fees
- No fixed term or minimum balances
account fee per month
$0.00
standard interest rate
3.00%

special rate
4.75%
p.a. For 4 months from account opening for new customers, on balances up to $250,000.
Go to site

Click for more info

Bankwest
Bankwest

TeleNet Saver
- 6 month variable intro rate for new TeleNet Saver customers only
- No minimum monthly deposit
- No fees
account fee per month
$0.00
standard interest rate
3.00%

special rate
4.55%
bonus rate for 6 months
Go to site

Click for more info

Greater Building Society
Greater Building Society

Bonus Saver
- If you make at least one deposit per calendar month into your account and no withdrawals, you'll get a bonus interest rate
- No monthly account keeping fees
- Free internet, mobile and phone banking
account fee per month
$0.00
standard interest rate
0.00%

special rate
4.00%
minimum one deposit, no withdrawals
Go to site

Click for more info

NAB
NAB

iSaver
- No transaction or account keeping fees
- Unlimited withdrawals and deposits with no impact on interest rates
- No minimum or opening balance
account fee per month
$0.00
standard interest rate
2.75%

special rate
4.25%
bonus rate for 4 months
Go to site

Click for more info

- bankmecu
- bankmecu
  
  mySaver
  - Earn bonus on your savings if you deposit $10 or more per calendar month and do not make any withdrawals during the calendar month
  - No monthly or account keeping fees
- account fee per month
  $0.00
- standard interest rate
  0.25%
  
  special rate
  4.00%
  minimum deposit $100, no withdrawals
- Go to site
Click for more info

Product info Less info

Special rate conditions Minimum deposit of $100 and no withdrawals in the month

Access BPay, Branch access, Phone banking, Internet banking

Minimum balance $0.00

Other restrictions

- RaboDirect
- RaboDirect
  
  High interest savings
  - 4-month special introductory variable rate for balances up to $250,000 for new customers
  - Absolutely no fees
  - No fixed term or minimum balance
- minimum balance
  $0.00
- standard interest rate
  3.50%
  
  special rate
  4.76%
  bonus rate for 4 months
- Go to site
Click for more info

Product info Less info

Special rate conditions Bonus rate for the first 4 months from account opening

Account fee per month $0.00

Access Internet banking

Other restrictions Must link to a transaction account

- NAB
- NAB
  
  iSaver
  - No transaction or account keeping fees
  - Unlimited withdrawals and deposits with no impact on interest rates
  - No minimum or opening balance
- minimum balance
  $0.00
- standard interest rate
  2.75%
  
  special rate
  4.25%
  bonus rate for 4 months
- Go to site
Click for more info

Product info Less info

Special rate conditions Bonus rate for the first 4 months from account opening on balances up to $1,000,000

Account fee per month $0.00

Access Phone banking, Internet banking

Other restrictions Must link to a transaction account from this provider

ING DIRECT
ING DIRECT

Savings Maximiser
- An ongoing Loyalty Bonus after your Welcome Rate
- No ING DIRECT fees
- No fixed term or minimum balances
minimum balance
$0.00
standard interest rate
3.00%

special rate
4.75%
p.a. For 4 months from account opening for new customers, on balances up to $250,000.
Go to site

Click for more info

- Bankwest
- Bankwest
  
  TeleNet Saver
  - 6 month variable intro rate for new TeleNet Saver customers only
  - No minimum monthly deposit
  - No fees
- minimum balance
  $0.00
- standard interest rate
  3.00%
  
  special rate
  4.55%
  bonus rate for 6 months
- Go to site
Click for more info

Product info Less info

Special rate conditions Bonus rate for the first 6 months from account opening

Account fee per month $0.00

Access Phone banking, Internet banking

Other restrictions Must link to a transaction account

- Suncorp
- Suncorp
  
  Kids Savings Account
  - Free staff assisted transactions, Internet and phone banking
  - $0 account fees. $0 minimum balance
- special rate
  4.00%
  minimum deposit $20, one withdrawal allowed
- standard interest rate
  1.50%
  
  ages
  under 18
- Go to site
Click for more info

Product info Less info

conditions Minimum deposit of $20 and no more than one withdrawal in the month

account fee $0.00

minimum balance $0.00

access Branch access, Phone banking, Internet banking

Victoria Teachers Mutual Bank
Victoria Teachers Mutual Bank

First Saver Account
- Unlimited free transactions from phone, Internet & BPAY
- $0 account fee. $0 minimum balance
special rate
standard interest rate
3.25%

ages
Under 17
Go to site

Click for more info

Top 5 Highest interest rate

- based on special interest rate on a $5,000 balance

apply now
all savings accounts
big banks

Go to site

4.76%
RaboDirect
– High interest savings
Go to site

4.75%
ING DIRECT
– Savings Maximiser
Go to site

4.55%
Bankwest
– TeleNet Saver
Go to site

4.40%
Commonwealth Bank
– GoalSaver
Go to site

4.25%
NAB
– iSaver

5.00%
Bankwest
– Regular Saver
4.76%
RAMS
– RAMS Saver
Go to site

4.76%
RaboDirect
– High interest savings
Go to site

4.75%
ING DIRECT
– Savings Maximiser
4.68%
Easy Street
– Bonus Saver

4.42%
Westpac
– eSaver
4.41%
ANZ
– Progress Saver
Go to site

4.40%
Commonwealth Bank
– GoalSaver
Go to site

4.25%
NAB
– iSaver

Mozo Ratings and Reviews

Savings account reviews

Read savings account reviews written by real customers around Australia

Who are the best savings account providers?

Savings account calculator

SAVINGS ACCOUNT CALCULATOR

Work out what you can earn from regular savings
Calculate

Mozo Legals:

Fairfax Media

Our sites

IMPORTANT: This information has been prepared without taking into account your objectives, financial situation or needs and you should consider if the information is appropriate for you before making an investment decision. Neither InvestSMART Financial Services Pty Ltd nor any of its Related Companies make any recommendations as to the merits of any investment opportunity referred to in its emails or its related websites. Product disclosure statements for financial products offered through InvestSMART can be downloaded from this website or obtained by contacting 1300 880 160. You should consider the product disclosure statement before making a decision about the product. All indications of performance returns are historical and can not be relied upon as an indicator for future performance.

Fairfax Media network navigation

Site Navigation

Compare savings accounts

Today's sponsored deal

Savings accounts

all

promo rate

standard rate

no monthly fee

no minimum balance

kids

Top 5 Highest interest rate

Mozo Ratings and Reviews

Read savings account reviews written by real customers around Australia

Savings account calculator

SAVINGS ACCOUNT CALCULATOR

Mozo Legals:

Our sites

Fairfax Media network navigation

Compare savings accounts

Today's sponsored deal

NAB Classic Banking account

Savings accounts

Top 5 Highest interest rate

Read savings account reviews written by real customers around Australia

Savings account calculator

Mozo Legals:

Our sites