Savings account 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 reviews

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  • Macquarie Savings Account review

    Overall rating   1 / 10
    Never invest with Macquarie.

    Have a CMA with them for 20 years. Once interest rates went to zero, they made it very difficult, actually impossible to transfer funds to an outside account. Put a HELD on account for no legal reason.

    Price
    1 / 10
    Features
    1 / 10
    Customer service
    1 / 10
    Convenience
    1 / 10
    Trust
    1 / 10
    Less
    Darryl, Victoria, reviewed about 3 hours ago
  • RAMS Saver Account review

    Overall rating   3 / 10
    Interest too low.

    Interest rates not competitive and go down too regularly.

    Price
    1 / 10
    Features
    2 / 10
    Customer service
    7 / 10
    Convenience
    2 / 10
    Trust
    8 / 10
    Less
    Paul, Victoria, reviewed about 4 hours ago
  • Commonwealth Bank GoalSaver review

    Overall rating   10 / 10
    Top bank

    I really like this bank and its staff!

    Price
    8 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Marcelle, New South Wales, reviewed about 11 hours ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   10 / 10
    Fantastic Service

    Over the years they were the only bank that allowed me to get a loan even though I was only getting a pension. Always nice and helpful when I walk into stores, and always fast to cancel further payments on my card if it's lost or stolen.

    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Cathy, South Australia, reviewed about 11 hours ago
  • Suncorp Savings Account review

    Overall rating   10 / 10
    All you ever need

    I have been with Suncorp for 39 years and see no valid reason for ever wanting to be with anyone else. Great insurance, great loans, and great banking.

    Price
    7 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Lynda, Queensland, reviewed about 11 hours ago
  • NAB Reward Saver review

    Overall rating   1 / 10
    Bad service for pensioner

    Three times today I went to open another reward saver, First at 10 am- too busy. Again at 11.45. No one available. 3.45 pm. To late can't open an account or close an account after 3,30 pm (not one customer in bank and the bank already had my details). I was told I could use Internet. At age 72 I do not trust myself with Internet banking. What is happening to the usual service. All new girls in bank. Bring back the previous staff.

    Price
    7 / 10
    Customer service
    1 / 10
    Convenience
    1 / 10
    Trust
    1 / 10
    Less
    Mary, Western Australia, reviewed about 11 hours ago
  • Commonwealth Bank Savings Account review

    Overall rating   6 / 10
    Convenient

    We travel to Australia and are very happy that the commonwealth bank is all over. Makes our life easy

    Price
    4 / 10
    Features
    6 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    5 / 10
    Less
    Belinda, New South Wales, reviewed about 11 hours ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   10 / 10
    Long term customer

    I am a long term customer and have never had any complaints with Commonwealth Bank. They always assist with queries promptly and advise me on what accounts I should have.

    Price
    8 / 10
    Features
    8 / 10
    Customer service
    10 / 10
    Convenience
    9 / 10
    Trust
    9 / 10
    Less
    Rosemaree, South Australia, reviewed about 11 hours ago
  • Westpac Savings Account review

    Overall rating   9 / 10
    I like their logo colours

    It has an Eftpos machine close by. There are not enough banks and Eftpos machines around my area where I live. Their online banking is easy to use

    Price
    8 / 10
    Features
    7 / 10
    Customer service
    9 / 10
    Convenience
    9 / 10
    Trust
    9 / 10
    Less
    Sussan, Tasmania, reviewed 1 day ago
  • UBank Savings Account review

    Overall rating   8 / 10
    Relatively good interest rate.

    The interest rate is solid, considering what other banks are offering. That said, reductions seem to come in more often than the RBA cuts.

    Price
    8 / 10
    Features
    8 / 10
    Customer service
    7 / 10
    Convenience
    8 / 10
    Trust
    9 / 10
    Less
    Nick, New South Wales, reviewed 1 day ago
  • Commonwealth Bank Savings Account review

    Overall rating   8 / 10
    Average

    Being one of the big 4 banks I think very much the same as the other 3 in regards to most of their products so not much use in messing around and changing. I stay with a big bank as they have the most access points.

    Price
    7 / 10
    Features
    1 / 10
    Customer service
    6 / 10
    Convenience
    8 / 10
    Trust
    7 / 10
    Less
    Sandra, Victoria, reviewed 1 day ago
  • BankSA Incentive Saver Account review

    Overall rating   7 / 10
    Always have trouble with online banking

    Keep charging me over $15 interest every fortnight if I go to overdrawn amount. I have a pensioner savings.

    Price
    3 / 10
    Features
    3 / 10
    Customer service
    5 / 10
    Convenience
    4 / 10
    Trust
    8 / 10
    Less
    Linda, South Australia, reviewed 1 day ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   10 / 10
    Good bank

    They are always great. Trustworthy and reliable.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Melissa, Western Australia, reviewed 1 day ago
  • ANZ Savings Account review

    Overall rating   10 / 10
    Excellent

    The banking and the app is very easy to use.

    Price
    9 / 10
    Features
    9 / 10
    Customer service
    9 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Gerald, Queensland, reviewed 1 day ago
  • BOQ Specialist Savings Account review

    Overall rating   1 / 10
    Look elsewhere

    Sadly now a Dreadful bank after more than 15 years of investment. Suggest looking elsewhere.

    Price
    1 / 10
    Features
    1 / 10
    Customer service
    1 / 10
    Convenience
    1 / 10
    Trust
    1 / 10
    Less
    Jon, Western Australia, reviewed 1 day 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

    • Bonus Saver Account

      Maximum rate
      1.20% 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

      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.

      Promoted
    • Serious Saver

      Maximum rate
      0.90% p.a. (for $0 to $1,000,000)
      standard interest rate
      0.05% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yes up to $250,000

      No withdrawals in the month. Bonus rate for first 4 months, reverting to 0.05% rate after*

      Promoted
    • Saver Account

      Maximum rate
      1.10% 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

      Make 5 or more successful card purchases per calendar month using your Up debit card and digital wallets (ATM transactions excluded).

      Promoted
    • Online Saver

      Maximum rate
      1.10% p.a. (for $0 to $500,000)
      standard interest rate
      0.35% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yes up to $250,000

      Bonus rate for the first 4 months from account opening

      Promoted
    • Flexi Saver

      Maximum rate
      0.85% p.a. (for $0 to $5,000,000)
      standard interest rate
      0.05% p.a.(for $0 to $5,000,000)
      Govt Deposit Guarantee
      Yes up to $250,000

      Increase balance by at least $300 in the month

      Promoted

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

    Compare more savings accounts

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