savings account comparisons - Investsmart
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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.

    • ME Bank Online Savings Account with Everyday Transaction Account
      • No account keeping fee
      • No minimum deposit
      • No interest rate penalties for withdrawals
    • special rate

      4.60%

      Bonus rate for 5 months on balances up to $250,000 if linked to Everyday Transaction Account

    • standard interest rate

      2.90%

    • account fee per month
    • Go to site
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    • ING DIRECT Savings Maximiser
      • No ING DIRECT fees
      • A variable Loyalty Bonus after your Welcome Rate
      • No fixed term or minimum balances
    • special rate

      4.35%

      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
    • Go to site
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    • HSBC Serious Saver
      • No monthly fees
      • No minimum deposit
      • Apply online in under 10 minutes
    • special rate

      4.00%

      No withdrawals in the month. Bonus rate for first 4 months, reverting to 2.90% after

    • standard interest rate

      0.00%

    • account fee per month
    • Go to site
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    • Bankwest TeleNet Saver
      • 6 month variable intro rate for new TeleNet Saver customers only. Limited time offer
      • Limited time offer, open a TeleNet Saver account before 31 May 2014 to benefit from the variable intro rate for 6 months
      • No fees
    • special rate

      4.09%

      Bonus rate for the first 6 months when you open an account before 31 May 2014

    • standard interest rate

      2.70%

    • account fee per month
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    • ANZ Online Saver
      • Exclusive online offer 1.40% p.a. bonus interest for 4 months. Limited time only.
      • No minimum balance
      • Interest calculated daily and paid monthly
    • special rate

      3.90%

      Bonus rate for 4 months

    • standard interest rate

      2.50%

    • account fee per month
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    • ANZ Progress Saver
      • Earn up to 3.71% bonus interest when no withdrawals are made
      • No monthly account fee
      • Receive 1 free ANZ withdrawal per month before additional withdrawal fees apply
    • special rate

      3.71%

      Minimum deposit $10, no withdrawals

    • standard interest rate

      0.01%

    • account fee per month
    • Go to site
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    • ME Bank Online Savings Account with Everyday Transaction Account
      • No account keeping fee
      • No minimum deposit
      • No interest rate penalties for withdrawals
    • special rate

      4.60%

      Bonus rate for 5 months on balances up to $250,000 if linked to Everyday Transaction Account

    • conditions

      Bonus rate for first 5 months, must link to an ME Bank EveryDay transaction account, must open account by 4 July 2014

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    • ING DIRECT Savings Maximiser
      • No ING DIRECT fees
      • A variable Loyalty Bonus after your Welcome Rate
      • No fixed term or minimum balances
    • special rate

      4.35%

      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, a variable bonus rate of 0.50% if balance increased by $200 in the month on balances up to $50,000.

    • Go to site
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    • Bankwest TeleNet Saver
      • 6 month variable intro rate for new TeleNet Saver customers only. Limited time offer
      • Limited time offer, open a TeleNet Saver account before 31 May 2014 to benefit from the variable intro rate for 6 months
      • No fees
    • special rate

      4.09%

      Bonus rate for the first 6 months when you open an account before 31 May 2014

    • conditions

      Bonus rate for the first 6 months when you open an account before 31 May 2014

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    • HSBC Serious Saver
      • No monthly fees
      • No minimum deposit
      • Apply online in under 10 minutes
    • special rate

      4.00%

      No withdrawals in the month. Bonus rate for first 4 months, reverting to 2.90% after

    • conditions

      No withdrawals in the month. Bonus rate for first 4 months, reverting to 2.90% after

    • Go to site
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    • ANZ Online Saver
      • Exclusive online offer 1.40% p.a. bonus interest for 4 months. Limited time only.
      • No minimum balance
      • Interest calculated daily and paid monthly
    • special rate

      3.90%

      Bonus rate for 4 months

    • conditions

      Introductory bonus rate for 4 months from account opening

    • Go to site
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    • ANZ Progress Saver
      • Earn up to 3.71% bonus interest when no withdrawals are made
      • No monthly account fee
      • Receive 1 free ANZ withdrawal per month before additional withdrawal fees apply
    • special rate

      3.71%

      Minimum deposit $10, no withdrawals

    • conditions

      Minimum deposit of $10 and no withdrawals in the month

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    • ME Bank Online Savings Account with Everyday Transaction Account
      • No account keeping fee
      • No minimum deposit
      • No interest rate penalties for withdrawals
    • standard interest rate

      2.90%

    • account fee per month
    • minimum balance

      $0.00

    • Go to site
    Click for more info
    • ING DIRECT Savings Maximiser
      • No ING DIRECT fees
      • A variable Loyalty Bonus after your Welcome Rate
      • No fixed term or minimum balances
    • standard interest rate

      2.75%

    • account fee per month
    • minimum balance

      $0.00

    • Go to site
    Click for more info
    • Bankwest TeleNet Saver
      • 6 month variable intro rate for new TeleNet Saver customers only. Limited time offer
      • Limited time offer, open a TeleNet Saver account before 31 May 2014 to benefit from the variable intro rate for 6 months
      • No fees
    • standard interest rate

      2.70%

    • account fee per month
    • minimum balance

      $0.00

    • Go to site
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    • ANZ Online Saver
      • Exclusive online offer 1.40% p.a. bonus interest for 4 months. Limited time only.
      • No minimum balance
      • Interest calculated daily and paid monthly
    • standard interest rate

      2.50%

    • account fee per month
    • minimum balance

      $0.00

    • Go to site
    Click for more info
    • ANZ Progress Saver
      • Earn up to 3.71% bonus interest when no withdrawals are made
      • No monthly account fee
      • Receive 1 free ANZ withdrawal per month before additional withdrawal fees apply
    • standard interest rate

      0.01%

    • account fee per month
    • minimum balance

      $10.00

    • Go to site
    Click for more info
    • HSBC Serious Saver
      • No monthly fees
      • No minimum deposit
      • Apply online in under 10 minutes
    • standard interest rate

      0.00%

    • account fee per month
    • minimum balance

      $0.00

    • Go to site
    Click for more info
    • Bankwest TeleNet Saver
      • 6 month variable intro rate for new TeleNet Saver customers only. Limited time offer
      • Limited time offer, open a TeleNet Saver account before 31 May 2014 to benefit from the variable intro rate for 6 months
      • No fees
    • account fee per month
    • standard interest rate

      2.70%

    • special rate

      4.09%

      Bonus rate for the first 6 months when you open an account before 31 May 2014

    • Go to site
      Advertisement
    Click for more info
    • ME Bank Online Savings Account with Everyday Transaction Account
      • No account keeping fee
      • No minimum deposit
      • No interest rate penalties for withdrawals
    • account fee per month
    • standard interest rate

      2.90%

    • special rate

      4.60%

      Bonus rate for 5 months on balances up to $250,000 if linked to Everyday Transaction Account

    • Go to site
    Click for more info
    • HSBC Serious Saver
      • No monthly fees
      • No minimum deposit
      • Apply online in under 10 minutes
    • account fee per month
    • standard interest rate

      0.00%

    • special rate

      4.00%

      No withdrawals in the month. Bonus rate for first 4 months, reverting to 2.90% after

    • Go to site
    Click for more info
    • ANZ Online Saver
      • Exclusive online offer 1.40% p.a. bonus interest for 4 months. Limited time only.
      • No minimum balance
      • Interest calculated daily and paid monthly
    • account fee per month
    • standard interest rate

      2.50%

    • special rate

      3.90%

      Bonus rate for 4 months

    • Go to site
    Click for more info
    • ING DIRECT Savings Maximiser
      • No ING DIRECT fees
      • A variable Loyalty Bonus after your Welcome Rate
      • No fixed term or minimum balances
    • account fee per month
    • standard interest rate

      2.75%

    • special rate

      4.35%

      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
    • ANZ Progress Saver
      • Earn up to 3.71% bonus interest when no withdrawals are made
      • No monthly account fee
      • Receive 1 free ANZ withdrawal per month before additional withdrawal fees apply
    • account fee per month
    • standard interest rate

      0.01%

    • special rate

      3.71%

      Minimum deposit $10, no withdrawals

    • Go to site
    Click for more info
    • ANZ Online Saver
      • Exclusive online offer 1.40% p.a. bonus interest for 4 months. Limited time only.
      • No minimum balance
      • Interest calculated daily and paid monthly
    • minimum balance

      $0.00

    • standard interest rate

      2.50%

    • special rate

      3.90%

      Bonus rate for 4 months

    • Go to site
    Click for more info
    • ME Bank Online Savings Account with Everyday Transaction Account
      • No account keeping fee
      • No minimum deposit
      • No interest rate penalties for withdrawals
    • minimum balance

      $0.00

    • standard interest rate

      2.90%

    • special rate

      4.60%

      Bonus rate for 5 months on balances up to $250,000 if linked to Everyday Transaction Account

    • Go to site
    Click for more info
    • HSBC Serious Saver
      • No monthly fees
      • No minimum deposit
      • Apply online in under 10 minutes
    • minimum balance

      $0.00

    • standard interest rate

      0.00%

    • special rate

      4.00%

      No withdrawals in the month. Bonus rate for first 4 months, reverting to 2.90% after

    • Go to site
    Click for more info
    • ANZ Progress Saver
      • Earn up to 3.71% bonus interest when no withdrawals are made
      • No monthly account fee
      • Receive 1 free ANZ withdrawal per month before additional withdrawal fees apply
    • minimum balance

      $10.00

    • standard interest rate

      0.01%

    • special rate

      3.71%

      Minimum deposit $10, no withdrawals

    • Go to site
    Click for more info
    • Bankwest TeleNet Saver
      • 6 month variable intro rate for new TeleNet Saver customers only. Limited time offer
      • Limited time offer, open a TeleNet Saver account before 31 May 2014 to benefit from the variable intro rate for 6 months
      • No fees
    • minimum balance

      $0.00

    • standard interest rate

      2.70%

    • special rate

      4.09%

      Bonus rate for the first 6 months when you open an account before 31 May 2014

    • Go to site
      Advertisement
    Click for more info
    • ING DIRECT Savings Maximiser
      • No ING DIRECT fees
      • A variable Loyalty Bonus after your Welcome Rate
      • No fixed term or minimum balances
    • minimum balance

      $0.00

    • standard interest rate

      2.75%

    • special rate

      4.35%

      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
    • Westpac Reward Saver (under 12)
      • 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

      3.71%

      minimum one deposit, no withdrawals

    • standard interest rate

      0.01%

    • ages

      Under 12

    • Go to site
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    • Victoria Teachers Mutual Bank First Saver Account
      • Unlimited free transactions from phone, Internet & BPAY
      • $0 account fees
      • $0 minimum balance
    • special rate

    • standard interest rate

      3.25%

    • ages

      Under 17

    • Go to site
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Top 5 Highest interest rate

- based on special interest rate on a $5,000 balance
  1. 4.35%
    ING DIRECT
  2. 4.09%
    Bankwest
  3. 4.00%
    HSBC
  4. 3.90%
    ANZ
  1. 4.37%
    UBank
  2. 4.35%
    ING DIRECT
  3. 4.25%
    Unicredit
  4. 4.25%
    Maitland Mutual Building Society
  1. 3.90%
    ANZ
  2. 3.83%
    NAB
  3. 3.82%
    Westpac
    eSaver
  4. 3.81%
    Commonwealth Bank
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