Savings account reviews

Read the latest savings account reviews from the Mozo community. Thousands of Australians have reviewed their savings institution to give you the inside story on everything from interest rates to convenience.

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Recent savings account reviews

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  • Commonwealth Bank

    Commonwealth Bank savings account review

    Safe and reliable

    1. Overall customer rating
    2. (Reviewed about 21 hours ago)

    The most convenient, trustworthy and reliable bank in Australia.  Full review 

    The most convenient, trustworthy and reliable bank in Australia.


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    Commonwealth Bank savings account reviewed by Pelegren

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  • Hume Bank

    Hume Bank savings account review

    So close to perfection!

    1. Overall customer rating
    2. (Reviewed about 22 hours ago)

    Super bank, only thing they need to improve is to launch a mobile banking app, to match the big banks, because everywhere else they beat them! Great customer service, with low or in many cases no fees!  Full review 

    Super bank, only thing they need to improve is to launch a mobile banking app, to match the big banks, because everywhere else they beat them! Great customer service, with low or in many cases no fees!


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    Hume Bank savings account reviewed by Jack

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  • ANZ

    ANZ savings account review

    Offered much support with saving money

    1. Overall customer rating
    2. (Reviewed about 22 hours ago)

    Offered support upon signing up and continued the support with helping us to save more and understand how to save more money to help us for the future.  Full review 

    Offered support upon signing up and continued the support with helping us to save more and understand how to save more money to help us for the future.


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    ANZ savings account reviewed by Melanie from Victoria

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  • ANZ

    ANZ savings account review

    Good customer service

    1. Overall customer rating
    2. (Reviewed about 22 hours ago)

    One of the best banks for security.  Full review 

    One of the best banks for security.


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    ANZ savings account reviewed by Ranganath

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  • ME Bank

    ME Bank savings account review

    Great customer service who are really in it for me

    1. Overall customer rating
    2. (Reviewed about 22 hours ago)

    Online banking a breeze. Consultants are always helpful and act as if they are on your side rather than the banks e.g. providing information to improve your situation.  Full review 

    Online banking a breeze. Consultants are always helpful and act as if they are on your side rather than the banks e.g. providing information to improve your situation.


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    ME Bank savings account reviewed by Steve from South Australia

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  • Westpac

    Westpac savings account review

    Excellent

    1. Overall customer rating
    2. (Reviewed about 22 hours ago)

    Offer products and services to meet your needs. Call you every so often to make an appointment to discuss/review if you have the right products and services for your needs. Great customer service, always willing to help with your queries.  Full review 

    Offer products and services to meet your needs. Call you every so often to make an appointment to discuss/review if you have the right products and services for your needs. Great customer service, always willing to help with your queries.


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    Westpac savings account reviewed by Melissa

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  • Bendigo Bank

    Bendigo Bank savings account review

    Helpful

    1. Overall customer rating
    2. (Reviewed about 22 hours ago)

    I love my bank as it's so easy to find things and they are very helpful.  Full review 

    I love my bank as it's so easy to find things and they are very helpful.


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    Bendigo Bank savings account reviewed by Leanne from Victoria

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  • Queensland Country Credit Union

    Queensland Country Credit Union savings account review

    Good bank

    1. Overall customer rating
    2. (Reviewed about 22 hours ago)

    They are a country bank with old fashioned service values and they offer great products.  Full review 

    They are a country bank with old fashioned service values and they offer great products.


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    Queensland Country Credit Union savings account reviewed by Tracy from Queensland

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  • ANZ

    ANZ savings account review

    Great customer service

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    I have been with this bank for years and have never had a problem with them. You can do your banking on the phone or the net, I rarely have to go to the bank, all so easy.  Full review 

    I have been with this bank for years and have never had a problem with them. You can do your banking on the phone or the net, I rarely have to go to the bank, all so easy.


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    ANZ savings account reviewed by Kate from Queensland

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  • NAB

    NAB savings account review

    For a fee free top service bank, join NAB

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    NAB is the most helpful bank I have ever been with. Customer service is always A+; they go out of their way to assist me with my needs. I was with another bank for 30 years and they never helped me with my financial needs like NAB has, and I've o...  Full review 

    NAB is the most helpful bank I have ever been with. Customer service is always A+; they go out of their way to assist me with my needs. I was with another bank for 30 years and they never helped me with my financial needs like NAB has, and I've only been with NAB since 3/14. NAB needs an award for their customer service! NAB also are fee free; the first I have encountered in banking. I recommend NAB to all I can.


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    NAB savings account reviewed by Theresa

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  • Bendigo Bank

    Bendigo Bank savings account review

    Tremendous customer services

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    Bendigo Community Bank is just great for personal face to face customer services. Employs local people, has a local Manager that you can easily speak to. Provides lots of funding and sponsorship to local projects and sporting bodies.  Full review 

    Bendigo Community Bank is just great for personal face to face customer services. Employs local people, has a local Manager that you can easily speak to. Provides lots of funding and sponsorship to local projects and sporting bodies.


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    Bendigo Bank savings account reviewed by Eddie from Western Australia

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  • NAB

    NAB savings account review

    Awesome

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    I don't have any problems with my bank and if there is I call into a branch and get it sorted.  Full review 

    I don't have any problems with my bank and if there is I call into a branch and get it sorted.


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    NAB savings account reviewed by Kate

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  • UBank

    UBank savings account review

    Awesome interest

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    Ubank has the best transaction account interest there is.  Full review 

    Ubank has the best transaction account interest there is.


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    UBank savings account reviewed by Doug from Western Australia

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  • Bendigo Bank

    Bendigo Bank savings account review

    Security

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    They froze my account when someone tried to take money out in Canada. I was very impressed with the bank.  Full review 

    They froze my account when someone tried to take money out in Canada. I was very impressed with the bank.


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    Bendigo Bank savings account reviewed by Leanne from Queensland

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  • NAB

    NAB savings account review

    Awesome

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    The only thing I dislike about NAB is the international fees, especially when I'm traveling.  Full review 

    The only thing I dislike about NAB is the international fees, especially when I'm traveling.


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    NAB savings account reviewed by Aaron franklin

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  • ANZ

    ANZ savings account review

    8 out of 10 :)

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    ANZ serves my needs well but fees are sometimes high, waits can be long but ATMs are frequent and convenient :)  Full review 

    ANZ serves my needs well but fees are sometimes high, waits can be long but ATMs are frequent and convenient :)


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    ANZ savings account reviewed by Amy

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  • Commonwealth Bank

    Commonwealth Bank savings account review

    Good savings account for young children

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    Too many fees and penalties. Customers aren't always treated fairly.  Full review 

    Too many fees and penalties. Customers aren't always treated fairly.


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    Commonwealth Bank savings account reviewed by Alana

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  • NAB

    NAB savings account review

    Fantastic service!

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    I lost my saving card once. With just one call to the NAB customer service line, I got my card replacement ready to collect in 3 days and to the nearest NAB branch to my workplace. Fantastic!  Full review 

    I lost my saving card once. With just one call to the NAB customer service line, I got my card replacement ready to collect in 3 days and to the nearest NAB branch to my workplace. Fantastic!


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    NAB savings account reviewed by Mun from New South Wales

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  • ING DIRECT

    ING DIRECT savings account review

    Highly Recommended

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    Opening an ING Everyday and Savings Maximiser Account was one of the best decisions I've made in regards to my finances.  Full review 

    Opening an ING Everyday and Savings Maximiser Account was one of the best decisions I've made in regards to my finances.


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    ING DIRECT savings account reviewed by Abby

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  • ANZ

    ANZ savings account review

    Happy customer

    1. Overall customer rating
    2. (Reviewed about 23 hours ago)

    Overall this bank is quite good. Easily accessible and staff are always available to assist.  Full review 

    Overall this bank is quite good. Easily accessible and staff are always available to assist.


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    ANZ savings account reviewed by Ennan from New South Wales

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  • Commonwealth Bank

    Commonwealth Bank savings account review

    Customer service great, interest rates competitive

    1. Overall customer rating
    2. (Reviewed about 24 hours ago)

    I have dealt with this bank for 60 years. I have always found staff to be friendly & courteous, very helpful in all aspects of my banking, from home loans to term deposits. Interest rates were competitive. All my children had accounts with this ba...  Full review 

    I have dealt with this bank for 60 years. I have always found staff to be friendly & courteous, very helpful in all aspects of my banking, from home loans to term deposits. Interest rates were competitive. All my children had accounts with this bank when younger.


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    Commonwealth Bank savings account reviewed by Bernie from Queensland

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  • Westpac

    Westpac savings account review

    Customer service

    1. Overall customer rating
    2. (Reviewed about 24 hours ago)

    I have been with Westpac for a while and they are always willing to take that extra step for their customers. Pensioners or not, could not speak more highly of them.  Full review 

    I have been with Westpac for a while and they are always willing to take that extra step for their customers. Pensioners or not, could not speak more highly of them.


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    Westpac savings account reviewed by Robin from Tasmania

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  • Bankwest

    Bankwest savings account review

    Excellent and reliable

    1. Overall customer rating
    2. (Reviewed about 24 hours ago)

    Very high level of efficiency and excellent customer service. I have never needed to put forward a complaint, or required further explanation of an issue.  Full review 

    Very high level of efficiency and excellent customer service. I have never needed to put forward a complaint, or required further explanation of an issue.


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    Bankwest savings account reviewed by Janine from Western Australia

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  • Commonwealth Bank

    Commonwealth Bank savings account review

    Recommend to others, no hesitation

    1. Overall customer rating
    2. (Reviewed 1 day ago)

    Excellent service, very happy. No problems, very efficient and helpful.  Full review 

    Excellent service, very happy. No problems, very efficient and helpful.


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    Commonwealth Bank savings account reviewed by Lisa

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  • Commonwealth Bank

    Commonwealth Bank savings account review

    Friendly bank, lots of branches

    1. Overall customer rating
    2. (Reviewed 1 day ago)

    I quite like Commbank, pretty friendly and has a lot of branches.  Full review 

    I quite like Commbank, pretty friendly and has a lot of branches.


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    Commonwealth Bank savings account reviewed by Ozge

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What type of savings account are you looking for?

  • Apply now for savings accounts
  • special rate 4.02%

    Bonus interest only applies on funds held in linked USaver account if $200 deposited into either account in the month.

    standard interest rate 2.96%
    UBank USaver with Ultra Transaction Account
  • special rate 4.00%

    p.a. for customers who also have an Orange Everyday bank account and deposit $1,000 each month from an external source.

    standard interest rate 2.75%
    ING DIRECT Savings Maximiser
  • special rate 4.00%

    No withdrawals in the month. Bonus rate for first 4 months, reverting to 2.70% bonus rate after

    standard interest rate 0.00%
    HSBC Serious Saver

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People's Choice Awards.

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