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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.

UBank
UBank

USaver with Ultra
- Open a USaver Ultra now for 4.77% (inc Bonus) on a linked USaver
- UBank Visa Debit card
- No monthly account keeping fees
special rate
4.77%
minimum deposit requirement
standard interest rate
3.71%

account fee per month
$0.00
Go to site

Click for more info

Special rate conditions	Interest only paid on funds held in linked USaver account. Bonus applies if $2,000 deposited in the month. Includes 0.26% opening special until 31 December 2013.

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions

ING DIRECT
ING DIRECT

Savings Maximiser
- No ING DIRECT fees
- A Loyalty Bonus after your Welcome Rate
- No fixed term or minimum balances
special rate
4.50%
p.a. Variable for 4 months from account opening for new customers, on balances up to $250,000.
standard interest rate
2.75%

account fee per month
$0.00
Go to site

Click for more info

Special rate conditions	Variable welcome rate applies for the first 4 months on balances up to $250,000. After that, bonus rate of 0.50% if balance increased by $200 in the month on balances up to $50,000.

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account

Bankwest
Bankwest

TeleNet Saver
- No fees
- 6 month variable intro rate for new TeleNet Saver customers only
- No minimum monthly deposit
special rate
4.30%
bonus rate for 6 months
standard interest rate
2.70%

account fee per month
$0.00
Go to site

Click for more info

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

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account

HSBC
HSBC

Serious Saver
- No monthly account fees
- No minimum deposit
- No minimum ongoing balance
special rate
4.25%
bonus rate for 4 months
standard interest rate
2.90%

account fee per month
$0.00
Go to site

Click for more info

Special rate conditions	Bonus rate for the first 4 months

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account. Maximum account balance is $1,000,000.

NAB
NAB

iSaver
- Unlimited withdrawals and deposits with no impact on interest rates
- No transaction or account keeping fees
- No minimum or opening balance
special rate
4.00%
bonus rate for 4 months
standard interest rate
2.50%

account fee per month
$0.00
Go to site

Click for more info

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

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account from this provider

- bankmecu
- bankmecu
  
  mySaver
  - Earn bonus interest if you deposit $10 per calendar month with no withdrawals during the calendar month
  - No monthly or account keeping fees
  - No minimum balance
- special rate
  3.75%
  minimum deposit $10, no withdrawals, under age of 25.
- 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 $10 and no withdrawals in the month, customers under the age of 25

Access BPay, Branch access, Phone banking, Internet banking

Minimum balance $0.00

Other restrictions

Special rate conditions	Minimum deposit of $10 and no withdrawals in the month, customers under the age of 25

Access	BPay, Branch access, Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions

- UBank
- UBank
  
  USaver with Ultra
  - Open a USaver Ultra now for 4.77% (inc Bonus) on a linked USaver
  - UBank Visa Debit card
  - No monthly account keeping fees
- special rate
  4.77%
  minimum deposit requirement
- conditions
  Interest only paid on funds held in linked USaver account. Bonus applies if $2,000 deposited in the month. Includes 0.26% opening special until 31 December 2013.
- Go to site
Click for more info

Product info Less info

Standard interest rate 3.71%

Account fee per month $0.00

Access Phone banking, Internet banking

Minimum balance $0.00

Other restrictions

Standard interest rate	3.71%
Account fee per month	$0.00

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions

ING DIRECT
ING DIRECT

Savings Maximiser
- No ING DIRECT fees
- A Loyalty Bonus after your Welcome Rate
- No fixed term or minimum balances
special rate
4.50%
p.a. Variable for 4 months from account opening for new customers, on balances up to $250,000.
conditions
Variable welcome rate applies for the first 4 months on balances up to $250,000. After that, bonus rate of 0.50% if balance increased by $200 in the month on balances up to $50,000.
Go to site

Click for more info

Standard interest rate	2.75%
Account fee per month	$0.00

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account

Bankwest
Bankwest

TeleNet Saver
- No fees
- 6 month variable intro rate for new TeleNet Saver customers only
- No minimum monthly deposit
special rate
4.30%
bonus rate for 6 months
conditions
Bonus rate for the first 6 months from account opening
Go to site

Click for more info

Standard interest rate	2.70%
Account fee per month	$0.00

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account

HSBC
HSBC

Serious Saver
- No monthly account fees
- No minimum deposit
- No minimum ongoing balance
special rate
4.25%
bonus rate for 4 months
conditions
Bonus rate for the first 4 months
Go to site

Click for more info

Standard interest rate	2.90%
Account fee per month	$0.00

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account. Maximum account balance is $1,000,000.

- bankmecu
- bankmecu
  
  mySaver
  - Earn bonus interest if you deposit $10 per calendar month with no withdrawals during the calendar month
  - No monthly or account keeping fees
  - No minimum balance
- special rate
  3.75%
  minimum deposit $10, no withdrawals, under age of 25.
- conditions
  Minimum deposit of $10 and no withdrawals in the month, customers under the age of 25
- 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

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

UBank
UBank

USaver with Ultra
- Open a USaver Ultra now for 4.77% (inc Bonus) on a linked USaver
- UBank Visa Debit card
- No monthly account keeping fees
standard interest rate
3.71%
account fee per month
$0.00

minimum balance
$0.00
Go to site

Click for more info

Special rate	4.77% minimum deposit requirement
Special rate conditions	Interest only paid on funds held in linked USaver account. Bonus applies if $2,000 deposited in the month. Includes 0.26% opening special until 31 December 2013.

Access	Phone banking, Internet banking
Other restrictions

- HSBC
- HSBC
  
  Serious Saver
  - No monthly account fees
  - No minimum deposit
  - No minimum ongoing balance
- standard interest rate
  2.90%
- account fee per month
  $0.00
  
  minimum balance
  $0.00
- Go to site
Click for more info

Product info Less info

Special rate 4.25%
bonus rate for 4 months

Special rate conditions Bonus rate for the first 4 months

Access Phone banking, Internet banking

Other restrictions Must link to a transaction account. Maximum account balance is $1,000,000.

Special rate	4.25% bonus rate for 4 months
Special rate conditions	Bonus rate for the first 4 months

Access	Phone banking, Internet banking
Other restrictions	Must link to a transaction account. Maximum account balance is $1,000,000.

ING DIRECT
ING DIRECT

Savings Maximiser
- No ING DIRECT fees
- A Loyalty Bonus after your Welcome Rate
- No fixed term or minimum balances
standard interest rate
2.75%
account fee per month
$0.00

minimum balance
$0.00
Go to site

Click for more info

Special rate	4.50% p.a. Variable for 4 months from account opening for new customers, on balances up to $250,000.
Special rate conditions	Variable welcome rate applies for the first 4 months on balances up to $250,000. After that, bonus rate of 0.50% if balance increased by $200 in the month on balances up to $50,000.

Access	Phone banking, Internet banking
Other restrictions	Must link to a transaction account

- Bankwest
- Bankwest
  
  TeleNet Saver
  - No fees
  - 6 month variable intro rate for new TeleNet Saver customers only
  - No minimum monthly deposit
- standard interest rate
  2.70%
- account fee per month
  $0.00
  
  minimum balance
  $0.00
- Go to site
Click for more info

Product info Less info

Special rate 4.30%
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

Special rate	4.30% 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

UBank
UBank

USaver with Ultra
- Open a USaver Ultra now for 4.77% (inc Bonus) on a linked USaver
- UBank Visa Debit card
- No monthly account keeping fees
account fee per month
$0.00
standard interest rate
3.71%

special rate
4.77%
minimum deposit requirement
Go to site

Click for more info

Special rate conditions	Interest only paid on funds held in linked USaver account. Bonus applies if $2,000 deposited in the month. Includes 0.26% opening special until 31 December 2013.

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions

ING DIRECT
ING DIRECT

Savings Maximiser
- No ING DIRECT fees
- A Loyalty Bonus after your Welcome Rate
- No fixed term or minimum balances
account fee per month
$0.00
standard interest rate
2.75%

special rate
4.50%
p.a. Variable for 4 months from account opening for new customers, on balances up to $250,000.
Go to site

Click for more info

Special rate conditions	Variable welcome rate applies for the first 4 months on balances up to $250,000. After that, bonus rate of 0.50% if balance increased by $200 in the month on balances up to $50,000.

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account

Bankwest
Bankwest

TeleNet Saver
- No fees
- 6 month variable intro rate for new TeleNet Saver customers only
- No minimum monthly deposit
account fee per month
$0.00
standard interest rate
2.70%

special rate
4.30%
bonus rate for 6 months
Go to site

Click for more info

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

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account

HSBC
HSBC

Serious Saver
- No monthly account fees
- No minimum deposit
- No minimum ongoing balance
account fee per month
$0.00
standard interest rate
2.90%

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

Click for more info

Special rate conditions	Bonus rate for the first 4 months

Access	Phone banking, Internet banking
Minimum balance	$0.00
Other restrictions	Must link to a transaction account. Maximum account balance is $1,000,000.

ING DIRECT
ING DIRECT

Savings Maximiser
- No ING DIRECT fees
- A Loyalty Bonus after your Welcome Rate
- No fixed term or minimum balances
minimum balance
$0.00
standard interest rate
2.75%

special rate
4.50%
p.a. Variable for 4 months from account opening for new customers, on balances up to $250,000.
Go to site

Click for more info

Special rate conditions	Variable welcome rate applies for the first 4 months on balances up to $250,000. After that, bonus rate of 0.50% if balance increased by $200 in the month on balances up to $50,000.
Account fee per month	$0.00

Access	Phone banking, Internet banking
Other restrictions	Must link to a transaction account

- Bankwest
- Bankwest
  
  TeleNet Saver
  - No fees
  - 6 month variable intro rate for new TeleNet Saver customers only
  - No minimum monthly deposit
- minimum balance
  $0.00
- standard interest rate
  2.70%
  
  special rate
  4.30%
  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

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

- HSBC
- HSBC
  
  Serious Saver
  - No monthly account fees
  - No minimum deposit
  - No minimum ongoing balance
- minimum balance
  $0.00
- standard interest rate
  2.90%
  
  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

Account fee per month $0.00

Access Phone banking, Internet banking

Other restrictions Must link to a transaction account. Maximum account balance is $1,000,000.

Special rate conditions	Bonus rate for the first 4 months
Account fee per month	$0.00

Access	Phone banking, Internet banking
Other restrictions	Must link to a transaction account. Maximum account balance is $1,000,000.

- Westpac
- Westpac
  
  Kids Reward Saver
  - Earn bonus interest each month you deposit and don't withdraw
  - No monthly fees
  - Free withdrawals (when a withdrawal is made the variable bonus rate won't apply)
- special rate
  4.01%
  minimum one deposit, no withdrawals
- standard interest rate
  0.01%
  
  ages
  under 12
- Go to site
Click for more info

Product info Less info

conditions Minimum one deposit and no withdrawals in the month

account fee $0.00

minimum balance $0.00

access Branch access

conditions	Minimum one deposit and no withdrawals in the month

account fee	$0.00
minimum balance	$0.00
access	Branch access

- Suncorp
- Suncorp
  
  Kids Savings Account
  - Free staff assisted transactions, Internet and phone banking
  - $0 account fees. $0 minimum balance
- special rate
  3.75%
  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

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

- bankmecu
- bankmecu
  
  mySaver
  - Earn bonus interest if you deposit $10 per calendar month with no withdrawals during the calendar month
  - No monthly or account keeping fees
  - No minimum balance
- special rate
  3.75%
  minimum deposit $10, no withdrawals, under age of 25.
- standard interest rate
  0.25%
  
  ages
  under 25
- Go to site
Click for more info

Product info Less info

conditions Minimum deposit of $10 and no withdrawals in the month, customers under the age of 25

account fee $0.00

minimum balance $0.00

access BPay, Branch access, Phone banking, Internet banking

conditions	Minimum deposit of $10 and no withdrawals in the month, customers under the age of 25

account fee	$0.00
minimum balance	$0.00
access	BPay, Branch access, Phone banking, Internet banking

IMB
IMB

Reward Saver Kick Start Account
- Bonus interest rate (minimum deposit of $20 required and no withdrawals in the month)
- No monthly fees
special rate
3.45%
minimum deposit $20, no withdrawals
standard interest rate
0.00%

ages
Under 18
Go to site

Click for more info

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 18
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

4.51%
RAMS
– RAMS Saver
Go to site

4.50%
ING DIRECT
– Savings Maximiser
Go to site

4.30%
Bankwest
– TeleNet Saver
Go to site

4.05%
Commonwealth Bank
– GoalSaver
Go to site

4.05%
IMB
– Reward Saver Account

4.76%
RaboDirect
– High interest savings
4.75%
Bankwest
– Regular Saver
Go to site

4.51%
RAMS
– RAMS Saver
Go to site

4.50%
ING DIRECT
– Savings Maximiser
4.48%
Easy Street
– Bonus Saver

4.25%
NAB
– Smart Reward Saver
4.11%
Westpac
– eSaver
4.10%
ANZ
– Online Saver
4.05%
Commonwealth Bank
– NetBank Saver

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