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6.00%
Bonus rate until 31/5/2012
4.25%
$0.00
5.85%
bonus rate for 4 months
4.65%
$0.00
5.76%
minimum deposit, no withdrawals
0.01%
$0.00
5.80%
6 month introductory rate
4.75%
$0.00
5.50%
bonus rate for 4 months
4.15%
$0.00
6.00%
Bonus rate until 31/5/2012
Special rate is a variable 1.75% above the standard rate and applies until 31/5/2012 for accounts opened by 31/01/2012.
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 31/5/2012
$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 31/5/2012
$0.00
4.65%
5.85%
bonus rate for 4 months
$0.00
4.15%
5.50%
bonus rate for 4 months
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Westpac savings account is a good all round savings account. It has great online and phone banking features and a great iphone app - making transferring and balance checks quick and simple. Be aware of the overdrawn fee however. On the down side -... Full review
Westpac savings account is a good all round savings account. It has great online and phone banking features and a great iphone app - making transferring and balance checks quick and simple. Be aware of the overdrawn fee however. On the down side - there are no special bells and whistles such as a rewards program or frequent flyer points.
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Hero bank account pays you 5% interest up to $5000 and allows you an interest free $100 overdraft facility. A Debit Mastercard is linked too! Overall a good account to have and PLENTY of ATMs around because you can use Commonwealth (BankWest owner... Full review
Hero bank account pays you 5% interest up to $5000 and allows you an interest free $100 overdraft facility. A Debit Mastercard is linked too! Overall a good account to have and PLENTY of ATMs around because you can use Commonwealth (BankWest owners) for free!
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It is not good customer service to hang up on customers when the wait time is too long. Companies now have the ability to take the customer's number and call them when waiting time in the call centre is too long. It's quite rude to hang up. CBA ha... Full review
It is not good customer service to hang up on customers when the wait time is too long. Companies now have the ability to take the customer's number and call them when waiting time in the call centre is too long. It's quite rude to hang up. CBA has a great Netbank system. I prefer doing everything online as calling their Customer service centre has always been a bad experience with hang ups and poor service.
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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.
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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.
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