Savings account customer 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 customer reviews

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  • Commonwealth Bank Savings Account

    Good

    Overall good

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    Beth, South Australia, reviewed 2 days ago
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  • NAB Cash Manager

    I am happy with my savings account. I wont change.

    I am happy about my bank and my savings account,

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    Heather, South Australia, reviewed 2 days ago
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  • Teachers Mutual Bank Savings Account

    One line summary

    They are great - provide good value and good sense.

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    Ray, New South Wales, reviewed 2 days ago
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  • Suncorp Savings Account

    Good and reliable

    Suncorp is a very reliable bank with great customer service.

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    Adam, Queensland, reviewed 2 days ago
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  • Commonwealth Bank GoalSaver

    Been with the bank for a long time

    I like the bank cause they have been good to bank with

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    Brumaiini, Queensland, reviewed 2 days ago
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  • Commonwealth Bank NetBank Saver

    Excellent experience!

    We opened our account within minutes, fantastic service and had a follow up call to confirm all was I. Order- absolutely fantastic service.

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    Warren, Victoria, reviewed 2 days ago
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  • Heritage Bank Savings Account

    Heritage has excellent customer service

    Whenever I need to speak to a customer service representative there is no wait time - I live this! I am looking at changing over my home loan from another provider to Heritage and the customer service I have received has been amazing!

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    Andrea, Queensland, reviewed 2 days ago
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  • Commonwealth Bank NetBank Saver

    First account

    I’ve always been with the commonwealth bank and haven’t had a reason to change since opening my first account!

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    Beth, Victoria, reviewed 2 days ago
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  • Commonwealth Bank Savings Account

    Love it

    I really love that bank

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    Marly, Victoria, reviewed 2 days ago
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  • NAB Savings Account

    Overall I’ve had no issues with NAB so far.

    I’ve been with NAB a long time. I’ve never had any issues with them but was disappointed when I applied for a credit card even though my income is low I’ve banked with them for years but they still declined my application. So I would be weary of that if someone with a low income was thinking of switching to NAB but overall experience with them has been fine. The customer service is always good and have never had issues so that’s a pro. My only con would be not being able to have a credit card for people with low income.

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    Rebecca, Victoria, reviewed 2 days ago
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  • Bank of Melbourne Maxi Saver

    Helpful, great interest, customer service fantasti

    Bank of melbourne they are always willing to help with online banking just a phone call away. Both my children are banking with bank of melbourne

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    Jane, Victoria, reviewed 2 days ago
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  • ANZ Plus ANZ Save

    Be careful

    While ANZ Plus has many appealing features. Along with its highly competitive interest rate, another plus is that there is no minimum monthly deposit required in order to achieve interest. You can also make withdrawals without forfeiting interest, there is one aspect I really don't respect is that their condition on paying interest, which states: "We pay interest into your ANZ Save Account on the last Business Day of each month. It will generally include interest up to (but excluding) that day". This is outrageous. I have never experienced another bank which does it this way and only discovered it when I noticed that my interest for the month of March was much lower than expected. This was a result of Easter falling at the end of March, so I effectively lost 3 full days of interest. After checking the calendar I've discovered that my interest would be affected in this way in June, August and November 2024. Consequently, I am moving my money to a bank with very similar rates who pay interest on the full month. I feel there is no reason for this "feature". It is not commonplace practice and certainly not a good way to do business, particularly in terms of gaining trust. Although it is outlined in the terms, I feel that most people wouldn't even be aware of this.

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    Mel, New South Wales, reviewed about 2 months ago
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  • ING Savings Account

    Amazing bank , great communication and product

    ING is a great bank. They have great customer service and are easily contactable when needed assistance. It provides an easy option for people who do not have time to visit a bank front as it is run online. I can not find any negatives with the bank, and have been with them for many years and will be for as long as needed.

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    Jasmine, Victoria, reviewed about 2 months ago
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  • Bendigo Bank EasySaver Account

    Good sevice

    They are always looking out for me

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    Ian, Queensland, reviewed about 2 months ago
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  • St.George Investment Cash Account

    Trustworthy

    They block all Scammers trying to reach my account and will ring me if suspicious transactions Take place.

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    Margaret, New South Wales, reviewed about 2 months ago
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  • Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews. Financial providers may, from time to time, offer incentives for reviews, regardless of the sentiment of the reviews.

    Savings account comparisons on Mozo - rates updated daily

    • High Interest Savings Account

      Maximum rate
      5.75% p.a. (for $0 to $250,001)
      standard interest rate
      4.40% p.a.(for $0 to $250,001)
      Govt Deposit Guarantee
      Yes up to $250,000

      Bonus rate for the first 4 months from account opening

      Promoted
    • Savings Account

      Maximum rate
      5.35% p.a. (for $0 to $250,000)
      standard interest rate
      4.75% p.a.(for $0 to $1,000,000)
      Govt Deposit Guarantee
      Yes up to $250,000

      Bonus variable rate is available for the first four months.

      Promoted
    • AMP Saver Account

      Maximum rate
      5.40% p.a. (for $0 to $250,000)
      standard interest rate
      1.20% p.a.(for $0 to $5,000,000)
      Govt Deposit Guarantee
      Yes up to $250,000

      Enjoy a bonus rate when you deposit at least $1000 per month with the AMP Saver Account.

      Promoted
    • High Interest Save Account

      Maximum rate
      5.10% p.a. (for $0 to $250,000)
      standard interest rate
      0.10% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yes up to $250,000

      Deposit at least $200 to either Spend, Bills or Save account from an external source each month.

      Promoted
    • Reward Saver Account

      Maximum rate
      5.25% p.a. (for $0 to $1,000,000)
      standard interest rate
      0% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yes up to $250,000

      Intro bonus rate of 5.25% for balances up to $1,000,000 for the first 4 months, reverting to 3.25%. Minimum deposit of $50 and no withdrawals.

      Promoted

    Want more? Compare all 200 savings accounts in the Mozo comparison engine.

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