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Bank Australia savings account reviews

Bank Australia
Bank Australia's overall rating for savings accounts

(as rated by the Mozo community)

7.6 / 10

based on 151 reviews

Price

Features

Customer service

Convenience

Trust

Featured savings account from Bank Australia

Recent Bank Australia savings account reviews

Bank Australia

Bank Australia Bonus Saver Bonus Saver review

Overall rating   8 / 10

Ethical.

From my research Bank Australia stood out as the most ethical banking option in Australia. I have been happy with their services but wish there were more branches.

Full review

From my research Bank Australia stood out as the most ethical banking option in Australia. I have been happy with their services but wish there were more branches.

    Price   8 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   5 / 10

    Trust   8 / 10

Less

Rachael, Victoria, reviewed about 5 hours ago

Bank Australia

Bank Australia Savings Account review

Overall rating   8 / 10

Good

Pretty good. Need branches in states such as the Northern Territory.

Full review

Pretty good. Need branches in states such as the Northern Territory.

    Price   5 / 10

    Features   2 / 10

    Customer service   7 / 10

    Convenience   9 / 10

    Trust   8 / 10

Less

Brooke, Victoria, reviewed 10 months ago

Bank Australia

Bank Australia Savings Account review

Overall rating   8 / 10

Good

They're a trustworthy bank. Only issue is there are no branches in some states of Australia like Northern Territory.

Full review

They're a trustworthy bank. Only issue is there are no branches in some states of Australia like Northern Territory.

    Price   7 / 10

    Features   2 / 10

    Customer service   8 / 10

    Convenience   9 / 10

    Trust   8 / 10

Less

Brooke, Victoria, reviewed 10 months ago

Bank Australia

Bank Australia mySaver mySaver review

Overall rating   10 / 10

Great prices and very convenient

Banking with them means you aren't overcharged and they are also super convenient!

Full review

Banking with them means you aren't overcharged and they are also super convenient!

    Price   9 / 10

    Features   10 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Leanne, Victoria, reviewed about 1 year ago

Bank Australia

Bank Australia Bonus Saver Bonus Saver review

Overall rating   10 / 10

Excellent

Very good and fast service.

Full review

Very good and fast service.

    Customer service   10 / 10

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Donato, Victoria, reviewed over 1 year ago

Bank Australia

Bank Australia mySaver mySaver review

Overall rating   10 / 10

Ethical, member ownership, great customer service.

I love Bank Australia and hate the big four. I have used this bank for 40 years from when it was Ed. I love that they are ethical and don't invest in war or the destruction of the Great Barrier Reef etc. They rescued me twice when overseas without...

Full review

I love Bank Australia and hate the big four. I have used this bank for 40 years from when it was Ed. I love that they are ethical and don't invest in war or the destruction of the Great Barrier Reef etc. They rescued me twice when overseas without any hassles. They are secure and look out for my interests. I never had a problem with them, there is easy access, immediate response and polite warm interaction. I could not recommend them highly enough.

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Christine, Victoria, reviewed almost 2 years ago

Bank Australia

Bank Australia Bonus Saver Bonus Saver review

Overall rating   8 / 10

Online bank great for saving

Good bank to keep your money away from your everyday spending account, great interest rate.

Full review

Good bank to keep your money away from your everyday spending account, great interest rate.

    Price   8 / 10

    Features   8 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   8 / 10

Less

Jack, Victoria, reviewed over 3 years ago

Bank Australia

Bank Australia Savings Account review

Overall rating   10 / 10

Would not change

Been with them since it started as a credit union

Full review

Been with them since it started as a credit union

    Price   10 / 10

    Features   10 / 10

    Customer service   8 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Desma, Victoria, reviewed almost 4 years ago

Bank Australia

Bank Australia Savings Account review

Overall rating   5 / 10

Hard to contact

Hard to contact.

Full review

Hard to contact.

    Price   5 / 10

    Features   4 / 10

    Customer service   4 / 10

    Convenience   3 / 10

    Trust   5 / 10

Less

Kylie, Victoria, reviewed almost 4 years ago

Bank Australia

Bank Australia Online Saver Online Saver review

Overall rating   6 / 10

A good alternative to the big four

Pros - they seem human in communications Cons - lack of branches

Full review

Pros - they seem human in communications Cons - lack of branches

    Price   7 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   7 / 10

    Trust   6 / 10

Less

Tim, Victoria, reviewed almost 4 years ago

Bank Australia

Bank Australia Bonus Saver Bonus Saver review

Overall rating   8 / 10

Easy to deal with.

Most of the tellers are very easy to talk to and listen to any concerns I might have and help me find a solution.

Full review

Most of the tellers are very easy to talk to and listen to any concerns I might have and help me find a solution.

    Price   7 / 10

    Features   8 / 10

    Customer service   6 / 10

    Convenience   8 / 10

    Trust   9 / 10

Less

Joan, Victoria, reviewed almost 4 years ago

Bank Australia

Bank Australia Savings Account review

Overall rating   7 / 10

Could improve some

Good customer service but money disapearse from my account sometimes

Full review

Good customer service but money disapearse from my account sometimes

    Price   5 / 10

    Features   6 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   5 / 10

Less

Diane, Victoria, reviewed almost 4 years ago

Bank Australia

Bank Australia Savings Account review

Overall rating   3 / 10

They changed when they became a 'bigger' bank.

They brought in monthly account fees last year for the first time. Whilst I was overseas I had a lot of difficulty transferring money due to the VIP token application they asked me to download. The amount of interest you can gain is ok but not...

Full review

They brought in monthly account fees last year for the first time. Whilst I was overseas I had a lot of difficulty transferring money due to the VIP token application they asked me to download. The amount of interest you can gain is ok but not better than other banks like ING.

    Price   3 / 10

    Features   2 / 10

    Customer service   1 / 10

    Convenience   4 / 10

    Trust   2 / 10

Less

Lincoln, Victoria, reviewed almost 4 years ago

Bank Australia

Bank Australia mySaver mySaver review

Overall rating   9 / 10

More.

Love the bank service.

Full review

Love the bank service.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Veronica, New South Wales, reviewed almost 4 years ago

Bank Australia

Bank Australia mySaver mySaver review

Overall rating   10 / 10

Great customer service

This bank goes above and beyond

Full review

This bank goes above and beyond

    Price   9 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Meagan, South Australia, reviewed almost 4 years ago

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.

Savings account comparisons on Mozo - rates updated daily

  • MOZO EXPERTS CHOICE AWARDS 2019

    UBank USaver with Ultra Transaction Account

    UBank USaver with Ultra Transaction Account

    • Bonus interest. Conditions apply
    • Visa Debit Card with Visa PayWave
    • No monthly account keeping fees

    Maximum rate

    2.10% p.a. (for $0 to $200,000)

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

    standard interest rate

    1.04% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Bonus interest. Conditions apply
    • Visa Debit Card with Visa PayWave
    • No monthly account keeping fees
    • Maximum rate conditions: Bonus interest only applies on funds held in linked USaver account if $200 deposited into either account in the previous month from an external source and the combined balance is less than $200,000.
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.5

    Based on 673 UBank savings account reviews

    Need more information?
    Go to site

    More info

  • MyState Bank Bonus Saver Account

    MyState Bank Bonus Saver Account

    • No monthly account keeping fees
    • Deposits up to $250,000 per customer are guaranteed by the Australian Government
    • Enjoy bonus interest when you deposit $20 or more in to your Bonus Saver Account and make 5 or more eligible VISA Debit card transactions from your linked account each month

    Maximum rate

    2.25% p.a. (for $0 to $150,000)

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

    standard interest rate

    0.55% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • No monthly account keeping fees
    • Deposits up to $250,000 per customer are guaranteed by the Australian Government
    • Enjoy bonus interest when you deposit $20 or more in to your Bonus Saver Account and make 5 or more eligible VISA Debit card transactions from your linked account each month
    • Maximum rate conditions: Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.
    • Access: BPay, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    7.7

    Based on 178 MyState Bank savings account reviews

    Need more information?
    Go to site

    More info

  • Suncorp Growth Saver Account

    Suncorp Growth Saver Account

    • Free staff assisted transactions, Internet and phone banking
    • $0 account fees
    • $0 minimum balance

    Maximum rate

    1.95% p.a. (for $0 and over)

    Grow your balance by $200 or more and make no more than one withdrawal in the month.

    standard interest rate

    0.20% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Free staff assisted transactions, Internet and phone banking
    • $0 account fees
    • $0 minimum balance
    • Maximum rate conditions: Grow your balance by $200 or more and make no more than one withdrawal in the month.
    • Access: Branch access, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.0

    Based on 1725 Suncorp savings account reviews

    Need more information?
    Go to site

    More info

  • Rabobank High Interest Savings Account

    Rabobank High Interest Savings Account

    • Easy set up, online and mobile banking app
    • No fees, no minimum balance, no minimum monthly deposit and no minimum term
    • Kick start your savings with the 4 month introductory variable rate

    Maximum rate

    2.50% p.a. (for $0 to $250,001)

    Bonus rate for the first 4 months from account opening

    standard interest rate

    1.05% p.a.(for $0 to $250,001)

    account fee per month

    $0.00

    Go to site

    More info

    • Easy set up, online and mobile banking app
    • No fees, no minimum balance, no minimum monthly deposit and no minimum term
    • Kick start your savings with the 4 month introductory variable rate
    • Maximum rate conditions: Bonus rate for the first 4 months from account opening, reverting to standard variable rate. Rate shown is for Personal customers and is subject to change. Different rates apply to Business/SMSF customers.
    • Access: Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    8.4

    Based on 241 Rabobank savings account reviews

    Need more information?
    Go to site

    More info

  • ANZ Online Saver

    ANZ Online Saver

    • Flexible savings account with bonus interest offer for 3 months.
    • Interest calculated daily and paid monthly
    • No minimum balance and no fixed term requirements

    Maximum rate

    1.60% p.a. (for $0 and over)

    Bonus rate for the first 3 months from account opening. The bonus rate offer is only available to new ANZ Online Saver customers who have not held an ANZ Online Saver account during the last 6 months, and apply online.

    standard interest rate

    0.10% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Flexible savings account with bonus interest offer for 3 months.
    • Interest calculated daily and paid monthly
    • No minimum balance and no fixed term requirements
    • Maximum rate conditions: Bonus rate for the first 3 months from account opening. The bonus rate offer is only available to new ANZ Online Saver customers who have not held an ANZ Online Saver account during the last 6 months, and apply online. Offer not available to beneficiaries for an ANZ Online Saver account held on trust within the past 6 months
    • Access: BPay, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must be linked to ANZ deposit account.
    Overall rating

    7.4

    Based on 6100 ANZ savings account reviews

    Need more information?
    Go to site

    More info

Want more? Compare all 223 savings accounts in the Mozo comparison engine.

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