Savings goal calculator

Will my savings plan meet my spending needs?

Your details

If my savings plan is...

Your results

Your savings balance

Savings account comparisons on Mozo - last updated 19 March 2024

Search promoted savings accounts below or do a full Mozo database search. Advertiser disclosure.
  • placeholder
    Mozo Experts Choice 2023
    Savings Account

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

    Bonus variable rate is available for the first four months.

    Competitive introductory variable rate for first 4 months (on deposits up to $250,000). No account keeping fees to pay. Multiple 2023 Mozo Experts Choice Award winner.

    Compare
    Details
  • placeholder
    Reward Saver Account

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

    Introductory bonus rate for balances up to $1,000,000 for the first 4 months. Minimum deposit of $50 and no withdrawals. Start your account online in under 10 minutes and earn interest on balances up to $1,000,000 (T&Cs apply). No monthly account fees, helping you save smarter and faster.

    Compare
    Details
  • placeholder
    Mozo Experts Choice 2023
    High Interest Savings Account

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

    Bonus rate for the first 4 months from account opening

    Reward yourself with a higher rate for your good savings habits with the Rabobank High Interest Savings Account . Receive the maximum rate when you grow your balance by at least $200 each month. No Account keeping fees. No minimum balance.

    Compare
    Details
  • placeholder
    High Interest Save Account

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

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

    No monthly fees on any of your save accounts. Split your money with up to 10 Save accounts. Set savings targets and track the progress of all your Save accounts. Deposits guaranteed up to $250K per customer.

    Compare
    Details
  • placeholder
    Hero Saver

    Maximum rate
    standard interest rate
    Govt Deposit Guarantee
    4.60% p.a. (for $0 to $250,001)
    1.00% p.a.(for $0 to $5,000,001)
    Yes up to $250,000

    Minimum deposit of $200 and no withdrawals in the month.

    Earn a generous variable rate on balances up to $250,001 each month you deposit at least $200 (excluding interest) on or before the last business day each month and make no withdrawals during the month. $0 account maintenance fees. Create a goal, set up regular deposits and track your progress on the Bankwest app.

    Compare
    Details
  • placeholder
    Mozo Experts Choice 2023
    Bonus Saver Account

    Maximum rate
    standard interest rate
    Govt Deposit Guarantee
    5.00% p.a. (for $0 to $250,000)
    0.05% p.a.(for $0 and over)
    Yes up to $250,000

    Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Glide transaction account.

    Start saving and earn interest with just a $20 deposit and make 5 eligible transactions each month. No fees or penalties for withdrawing money.

    Compare
    Details
  • placeholder
    Reward Saver

    Maximum rate
    standard interest rate
    Govt Deposit Guarantee
    5.25% p.a. (for $0 to $100,000)
    0.30% p.a.(for $0 and over)
    Yes up to $250,000

    Earn a high interest bonus rate if you hold an eligible transaction account and meet the bonus rate conditions (T&Cs apply). Only requires $1 to open. Free e-banking transactions. No monthly service fees to pay. Access your account via e-banking or the Bendigo Bank app. Not applicable to business customers.

    Compare
    Details
  • placeholder
    Mozo Experts Choice 2023
    Life - 18-29 years old

    Maximum rate
    standard interest rate
    Govt Deposit Guarantee
    5.20% p.a. (for $0 to $30,000)
    2.00% p.a.(for $0 and over)
    Yes up to $250,000

    Make 5 eligible card purchases per month with a Westpac Choice account and min 1 deposit and higher balance than at the beginning of the month in Life savings account.

    Are you 18 - 29 years of age? Earn up to a generous variable interest rate on your savings when you spend and save with Westpac. For individuals aged 18 to 29 on Westpac Life account balances up to $30,000.

    Compare
    Details
Search now

Savings goal calculator quick links

^See information about the Mozo Experts Choice Savings accounts Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.