Get $50 off your next Cellarmasters wine purchase when you spend $120 or more
We will never sell your personal details and you can unsubscribe at any time. Privacy Policy
Compare hundreds of savings accounts in one quick step
Go!Check term deposit rates for long term gains
Go!
6.00%
Bonus rate until 30/6/2012
4.25%
$0.00
5.85%
bonus rate for 4 months
4.65%
$0.00
5.80%
6 month introductory rate
4.75%
$0.00
5.76%
minimum deposit, no withdrawals
0.01%
$0.00
5.50%
bonus rate for 4 months
4.15%
$0.00
6.00%
Bonus rate until 30/6/2012
Special rate is a variable 1.75% above the standard rate and applies until 30/6/2012 for accounts opened by 29/02/2012.
5.85%
bonus rate for 4 months
Special rate is variable and lasts for 4 months from account opening.
5.76%
minimum deposit, no withdrawals
Special rate is fixed 5.75% above the base rate of 0.01%. Make a single deposit of $10 or more and no withdrawals in that same month to earn the bonus rate.
5.50%
bonus rate for 4 months
Special rate is a fixed 1.35% pa over the standard variable rate, for 4 months from account opening. The bonus applies only to the first $1mil in the account.
4.25%
$0.00
$0.00
$0.00
4.25%
6.00%
Bonus rate until 30/6/2012
$0.00
4.65%
5.85%
bonus rate for 4 months
$0.00
0.01%
5.76%
minimum deposit, no withdrawals
$0.00
4.15%
5.50%
bonus rate for 4 months
$0.00
4.25%
6.00%
Bonus rate until 30/6/2012
$0.00
4.65%
5.85%
bonus rate for 4 months
$0.00
4.15%
5.50%
bonus rate for 4 months
Get your savings account questions answered by the money mavens on Mozo Answers.
See all saving questions
special rate
account fee
Compare all savings accounts
It took over 2 weeks of trying & arguing with staff at Rabo to open an account before giving up. All the forms were correct, no problem there. I wanted one account, they opened 2 & refused to close the 2nd (unwanted) one. The $1 transfer to prove ... Full review
It took over 2 weeks of trying & arguing with staff at Rabo to open an account before giving up. All the forms were correct, no problem there. I wanted one account, they opened 2 & refused to close the 2nd (unwanted) one. The $1 transfer to prove the initial account (CBA) existed took 3 shots over 2 weeks. 4 calls to support to try to get it sorted was were a waste of time. One email from them was so cryptic their support manager couldn't follow it. When I finally convinced them I'd had enough & to close it, they approved it immediately so my larger tranfer went through - with the claim they couldn't stop it. It took another week to get it back. I would NOT recommend this bank to anyone.
1 person found this review helpful – do you?
Yesspecial rate
account fee
account fee
minimum balance
Their flexirates product is the first of its kind that I am aware of in Australia. It was also very competitive for its time. The online banking interface is the best I have used and very intuitive. It's a shame that their online high inte... Full review
Their flexirates product is the first of its kind that I am aware of in Australia. It was also very competitive for its time. The online banking interface is the best I have used and very intuitive. It's a shame that their online high interest savings account is only periodically worth taking advantage of but their $50 'treat' offer reeled me back in for some time
Was this review helpful?
Yesspecial rate
account fee
Compare all savings accounts
Years ago ME Bank drew in customers with its high interest savings accounts but is no longer a serious player in that market. A recent change in their online banking interface has locked me out completely. And even though I rang to cancel my accou... Full review
Years ago ME Bank drew in customers with its high interest savings accounts but is no longer a serious player in that market. A recent change in their online banking interface has locked me out completely. And even though I rang to cancel my account they continue to send me paper statements in the mail - no wonder they can't afford to compete!
Was this review helpful?
YesChoosing the right home for your savings is more important than ever now that interest rates are increasing. Mozo is here to help you find the best savings deals. Our database has the latest interest rates and fees and covers all the main financial institutions, including BankWest savings accounts, ING savings accounts and more.
You can also read savings account reviews from real customers around Australia to get the inside story on everything from convenience to customer service.
Whether you’re looking for online savings accounts, cash management accounts or simply the best savings rate on the market, our nifty comparison tools let you quickly filter and compare savings accounts according to the features you want.
Popular savings accounts include:
Kids accounts
Bank savings accounts
High interest savings accounts
You can shortlist accounts and compare your selection side-by-side to pick a winner.
Before you compare savings accounts, it helps to think about whether you want instant access to your funds, how often you intend to make withdrawals and how much money you will keep in your account month to month.
Some accounts offer bonus interest rates if you meet certain conditions, like maintaining a minimum monthly balance or not making any withdrawals. If these sorts of conditions sound too restrictive for your needs, look for a savings account that offers a good interest rate without strings attached.
Work out a savings goal and think about setting up an automatic deduction from your bank account each month to go towards your savings. If you need help in figuring out how much you can save and how long it will take you, try Mozo’s savings calculator. It will instantly show you what your balance will be and how long it will take to achieve your savings goal.
These days many savings accounts advertise special introductory interest rates, but when you compare savings accounts be sure to check the regular interest rate that applies once the introductory rate expires.
Some accounts can tempt unwary savers with sky-high introductory rates but leave your savings languishing on a low rate once the introductory offer expires.
More information on intro rate savings accounts.
Not all accounts offer instant access to your cash. When comparing savings accounts, think about how and when you will want to make withdrawals or transfers.
Mozo lets you filter and compare savings accounts according to the type of features you want, including ATM and EFTPOS access, debit cards and internet banking.
This page is all about personal savings accounts - business savings accounts are in our business banking section.
Highest rated savings accounts- as voted by the Mozo Community (rating out of 10)
Save effortlessly with our straightforward guides and catch the best savings rates, high interest accounts and more.
Follow Mozo on: