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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Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   10 / 10

Won't change ever

Been with commonwealth branch for 11 hears now and not one problem.

Full review

Been with commonwealth branch for 11 hears now and not one problem.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Natasha, Western Australia, reviewed about 16 hours ago

Adelaide Bank

Adelaide Bank savings account review

Overall rating   10 / 10

Good

Adelaide bank is a very good bank!

Full review

Adelaide bank is a very good bank!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Leah, Western Australia, reviewed about 17 hours ago

Adelaide Bank

Adelaide Bank savings account review

Overall rating   9 / 10

Amazing bank

Great.

Full review

Great.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Darren, Queensland, reviewed about 17 hours ago

Bendigo Bank

Bendigo Bank CommunitySaver Account savings account review

Overall rating   9 / 10

Love Bendigo Bank

I love my bank!

Full review

I love my bank!

    Price   6 / 10

    Features   7 / 10

    Customer service   7 / 10

    Convenience   10 / 10

    Trust   7 / 10

Less

Kelly, New South Wales, reviewed about 17 hours ago

Suncorp

Suncorp Everyday Options Sub-account savings account review

Overall rating   10 / 10

Suits my low income

Overall I find my bank convenient however I wish all branches had cash deposits available outside of the bank.

Full review

Overall I find my bank convenient however I wish all branches had cash deposits available outside of the bank.

    Price   5 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   5 / 10

    Trust   10 / 10

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Sandra, Queensland, reviewed about 17 hours ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   6 / 10

Cardless cash is the best

Reasonable interest and fees. The banking app is really convenient and I don’t know what I’d do without cardless cash.

Full review

Reasonable interest and fees. The banking app is really convenient and I don’t know what I’d do without cardless cash.

    Price   7 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   7 / 10

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Emma, Queensland, reviewed about 18 hours ago

ING

ING Savings Maximiser savings account review

Overall rating   10 / 10

Best interest

Great interest.

Full review

Great interest.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Kristy, South Australia, reviewed about 18 hours ago

Bendigo Bank

Bendigo Bank savings account review

Overall rating   5 / 10

Helped at first

I have a retired account. They helped me at first but no the manager is evasive and dismissive of me.

Full review

I have a retired account. They helped me at first but no the manager is evasive and dismissive of me.

    Features   5 / 10

    Customer service   7 / 10

    Convenience   6 / 10

    Trust   5 / 10

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Bambi, New South Wales, reviewed about 18 hours ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   5 / 10

Good and easy for me

Very good and easy banking.

Full review

Very good and easy banking.

    Price   2 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Ahmad, New South Wales, reviewed about 18 hours ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   10 / 10

Outstanding banking services

Its such a user friendly and customer satisfaction bank as they have the best interest rates and the way treat their customers is the best as they are available for any queries of the customers.

Full review

Its such a user friendly and customer satisfaction bank as they have the best interest rates and the way treat their customers is the best as they are available for any queries of the customers.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Kowmica, South Australia, reviewed about 18 hours ago

ANZ

ANZ savings account review

Overall rating   8 / 10

ANZ is my choice to bank with.

Have been a happy customer of anz bank for many of years. I find the staff always friendly and eager to help. I will remain a happy anz banker.

Full review

Have been a happy customer of anz bank for many of years. I find the staff always friendly and eager to help. I will remain a happy anz banker.

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

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Rachel, Victoria, reviewed about 18 hours ago

Commonwealth Bank

Commonwealth Bank GoalSaver savings account review

Overall rating   7 / 10

Good

Good.

Full review

Good.

    Price   10 / 10

    Features   10 / 10

    Customer service   6 / 10

    Convenience   7 / 10

    Trust   8 / 10

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Patricia, New South Wales, reviewed about 18 hours ago

Westpac

Westpac Life savings account review

Overall rating   6 / 10

Communication could be better

Westpac was a great bank a few years ago, but the last 2 years they have gotten worse. Money goes missing out of accounts, you have to wait for 48 hours to find where it's gone. They should be able to look on their computers, and see where it's...

Full review

Westpac was a great bank a few years ago, but the last 2 years they have gotten worse. Money goes missing out of accounts, you have to wait for 48 hours to find where it's gone. They should be able to look on their computers, and see where it's gone. Makes no sense. Kind Regards, Michelle.

    Price   2 / 10

    Features   4 / 10

    Customer service   3 / 10

    Convenience   5 / 10

    Trust   4 / 10

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Michelle, Western Australia, reviewed about 18 hours ago

Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   10 / 10

The best bank

They are the best and I have nothing bad to say.

Full review

They are the best and I have nothing bad to say.

    Price   10 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Samanov, New South Wales, reviewed about 21 hours ago

Westpac

Westpac Bump Savings (under 12) savings account review

Overall rating   7 / 10

Pretty good

Not to bad at all.

Full review

Not to bad at all.

    Price   5 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   9 / 10

    Trust   6 / 10

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Wayne, New South Wales, reviewed about 22 hours ago

MyState Bank

MyState Bank Saver Account savings account review

Overall rating   9 / 10

Happy with my bank

Very good bank.

Full review

Very good bank.

    Price   10 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

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Debra, Tasmania, reviewed about 22 hours ago

bcu

bcu Dream Saver savings account review

Overall rating   10 / 10

I love this account very much

Love it.

Full review

Love it.

    Trust   10 / 10

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Debra, Tasmania, reviewed about 22 hours ago

ANZ

ANZ savings account review

Overall rating   10 / 10

Good

Good and friendly bank

Full review

Good and friendly bank

    Customer service   10 / 10

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Merchelle, South Australia, reviewed about 22 hours ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   10 / 10

Leaders in the banking world

Top shelf banking.

Full review

Top shelf banking.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Matthew, Queensland, reviewed about 22 hours ago

Westpac

Westpac eSaver savings account review

Overall rating   6 / 10

Ok

I like this savings account because you can withdraw when you need too

Full review

I like this savings account because you can withdraw when you need too

    Price   5 / 10

    Features   4 / 10

    Customer service   0 / 10

    Convenience   4 / 10

    Trust   0 / 10

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Joanne, New South Wales, reviewed about 22 hours ago

Commonwealth Bank

Commonwealth Bank Direct Investment Account savings account review

Overall rating   6 / 10

Customer service is good.

I like the convenience but I do not like the fees for every transaction and poor foreign exchange rate used for overseas transactions using my debit card.

Full review

I like the convenience but I do not like the fees for every transaction and poor foreign exchange rate used for overseas transactions using my debit card.

    Price   6 / 10

    Features   6 / 10

    Customer service   7 / 10

    Convenience   8 / 10

    Trust   6 / 10

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Kamarulzaman, Queensland, reviewed about 23 hours ago

Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   10 / 10

No issues

Awesome.

Full review

Awesome.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Josh, South Australia, reviewed about 23 hours ago

NAB

NAB savings account review

Overall rating   7 / 10

Good bank

They are always friendly to me, I don't have any problems with NAB.

Full review

They are always friendly to me, I don't have any problems with NAB.

    Customer service   10 / 10

    Convenience   10 / 10

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Joy, Queensland, reviewed about 23 hours ago

NAB

NAB Reward Saver savings account review

Overall rating   8 / 10

Monthly interest rate on deposit

Interest is paid monthly but if you take money out of savings there is no interest that month. We had $47,000 in savings account and took $500 out for holiday. I think we still should have interest for that month on the $46,500 remainder. We will...

Full review

Interest is paid monthly but if you take money out of savings there is no interest that month. We had $47,000 in savings account and took $500 out for holiday. I think we still should have interest for that month on the $46,500 remainder. We will be shopping around for a better interest rate deal.

    Price   8 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   7 / 10

    Trust   9 / 10

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Wendy, South Australia, reviewed about 23 hours ago

NAB

NAB savings account review

Overall rating   10 / 10

Brilliant

Love this bank

Full review

Love this bank

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Jacko, Queensland, reviewed about 23 hours 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 2016

    AMP Saver Account

    AMP Saver Account

    • Competitive interest rates, calculated daily and paid monthly
    • A bonus interest rate of 0.45% per annum for the first four months
    • No Monthly fees

    special rate*

    2.55% p.a. (for $0 to $5,000,000)

    bonus rate for 4 months

    standard interest rate

    2.10% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Competitive interest rates, calculated daily and paid monthly
    • A bonus interest rate of 0.45% per annum for the first four months
    • No Monthly fees
    • Special rate conditions: Bonus rate for the first 4 months from account opening
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    7.3

    Based on 71 AMP savings account reviews

    Need more information?
    Go to site

    More info

  • RaboDirect High Interest Savings Account

    RaboDirect 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

    special rate*

    3.05% p.a. (for $0 to $250,000)

    Bonus rate for the first 4 months from account opening

    standard interest rate

    1.80% p.a.(for $0 to $250,000)

    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
    • Special 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 239 RaboDirect savings account reviews

    Need more information?
    Go to site

    More info

  • CUA eSaver Boost

    CUA eSaver Boost

    • Earn a generous maximum interest rate of up to 2.75%
    • No monthly account or online transfer fees
    • Free online and mobile banking transactions

    special rate*

    2.75% p.a. (for $0 to $500,000)

    Minimum deposit of $250 and no withdrawals in the month

    standard interest rate

    0.25% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Earn a generous maximum interest rate of up to 2.75%
    • No monthly account or online transfer fees
    • Free online and mobile banking transactions
    • Special rate conditions: Minimum deposit of $250 and no withdrawals in the month
    • Access: BPay, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.2

    Based on 603 CUA savings account reviews

    Need more information?
    Go to site

    More info

  • HSBC Flexi Saver

    HSBC Flexi Saver

    • Receive an extra 1.25% p.a. variable monthly bonus. Conditions apply
    • No monthly account fee
    • Open multiple accounts

    special rate*

    2.50% p.a. (for $0 to $5,000,000)

    Increase balance by at least $300 in the month

    standard interest rate

    1.25% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Receive an extra 1.25% p.a. variable monthly bonus. Conditions apply
    • No monthly account fee
    • Open multiple accounts
    • Special rate conditions: Increase balance by at least $300 in the month (excluding interest)
    • Access: BPay, Branch access, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    7.5

    Based on 320 HSBC savings account reviews

    Need more information?
    Go to site

    More info

  • ANZ Online Saver

    ANZ Online Saver

    • Flexible high interest savings account plus exclusive online bonus interest offer for 3 months. Limited time only
    • Interest calculated daily and paid monthly
    • No minimum balance, no withdrawal fees and no fixed term requirements

    special rate*

    2.55% 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

    0.50% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Flexible high interest savings account plus exclusive online bonus interest offer for 3 months. Limited time only
    • Interest calculated daily and paid monthly
    • No minimum balance, no withdrawal fees and no fixed term requirements
    • Special 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 6066 ANZ savings account reviews

    Need more information?
    Go to site

    More info

Want more? Compare all 217 savings accounts in the Mozo comparison engine.

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