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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  • NAB Savings Account review

    Overall rating   10 / 10
    No competitive premiums, always providing service.

    Super trustworthy and great customer service and satisfaction.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Tanika, Northern Territory, reviewed 3 days ago
  • ING Savings Maximiser review

    Overall rating   10 / 10
    Excellent customer service.

    I have had 2 accounts with ING for over a decade and I have been pleased with their customer service. Never had to wait too long on the phone whenever I have rung. They have always been patient and understanding when I have had an issue. Every problem has been sorted out without any issue and they even stated suggesting all their fee free accounts once they found out I am a disabled pensioner (I never had to bring this up).

    Price
    10 / 10
    Features
    9 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    9 / 10
    Less
    Gary, New South Wales, reviewed 3 days ago
  • ING Savings Maximiser review

    Overall rating   9 / 10
    Competitive interest and great customer service

    ING has always been quick and easy to contact if there has been a problem. We have never had a problem that wasn't solved quickly. Their customer service is always exceptional. The interest rate is competitive and it is easy to activate the bonus interest. The lack of a physical branch is the only real draw back. Occasionally we get a cheque or want to deposit cash, so we need to maintain an account at a separate bank.

    Price
    8 / 10
    Features
    7 / 10
    Customer service
    10 / 10
    Convenience
    8 / 10
    Trust
    10 / 10
    Less
    Sean, Queensland, reviewed 4 days ago
  • Commonwealth Bank NetBank Saver review

    Overall rating   6 / 10
    Good

    All good!

    Price
    6 / 10
    Features
    6 / 10
    Customer service
    6 / 10
    Convenience
    6 / 10
    Trust
    6 / 10
    Less
    Ray, New South Wales, reviewed 4 days ago
  • Bank of Queensland Savings Account review

    Overall rating   6 / 10
    Best Interest for under 25's

    Terrible Mobile app and internet banking isn't much better. No Osko Pay. However they have the best interest rate available especially for under 25's.

    Price
    10 / 10
    Features
    4 / 10
    Customer service
    8 / 10
    Convenience
    4 / 10
    Trust
    8 / 10
    Less
    Luke, New South Wales, reviewed 4 days ago
  • 86 400 Save Account review

    Overall rating   7 / 10
    Great interest rate without the hassle.

    Has Osko pay and one of the best interest rates going which is easily obtainable with a $1000/month deposit.

    Price
    9 / 10
    Features
    6 / 10
    Customer service
    4 / 10
    Convenience
    6 / 10
    Trust
    7 / 10
    Less
    Luke, New South Wales, reviewed 4 days ago
  • Bank of Queensland Bonus Interest Savings Account review

    Overall rating   6 / 10
    It is certainly well so far.

    It's good. I like the quality of service and the accessibility.

    Dallas, Queensland, reviewed 7 days ago
  • ANZ Savings Account review

    Overall rating   2 / 10
    Not happy with ANZ services.

    There is no ANZ bank in my council area. I have to travel at least 35 to 50 minutes to get to a bank. ANZ stopped providing services at Aust Post Offices. This disadvantages a majority of older residents in rural towns and find it very difficult to get to a ANZ bank. The only reason a lot of elderly people have not changed banks is it too difficult for them.

    Price
    6 / 10
    Features
    5 / 10
    Customer service
    5 / 10
    Convenience
    1 / 10
    Trust
    2 / 10
    Less
    Heather, South Australia, reviewed 7 days ago
  • ING Savings Maximiser review

    Overall rating   8 / 10
    Great savings account if you meet requirements

    Access to funds at call and better interest rate than most term deposits, but you have to be able to deposit $1000+ every month and also have an ING orange everyday account, where you do 5 transactions every month to get bonus interest.

    Price
    8 / 10
    Features
    7 / 10
    Customer service
    8 / 10
    Convenience
    8 / 10
    Trust
    9 / 10
    Less
    Fiona, Victoria, reviewed 9 days ago
  • NAB Savings Account review

    Overall rating   7 / 10
    Competitive interest rates when questioned

    Pros - security a larger bank provides, and are now passing on the interest rate cuts. Reasonable customer service. Cons - sometimes is a lack of trust, and have to constantly keep checking that I'm not being surcharged for using other ATM's and that the interests rates are being amended.

    Price
    7 / 10
    Features
    5 / 10
    Customer service
    6 / 10
    Convenience
    6 / 10
    Trust
    5 / 10
    Less
    Dimitri, Western Australia, reviewed 9 days ago
  • Up Saver Account review

    Overall rating   8 / 10
    Good product and good interest rates

    Tech focused! No branches. Fast and easy support.

    Price
    9 / 10
    Features
    9 / 10
    Customer service
    7 / 10
    Convenience
    8 / 10
    Trust
    8 / 10
    Less
    Nick, New South Wales, reviewed 9 days ago
  • Bank of Queensland Fast Track Starter Account (14 to 24 years) review

    Overall rating   10 / 10
    Fantastically high interest rate.

    I love the high interest rate they give to under 25s which really encourages us to save. However, internet banking is very poor compared to other banks.

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    7 / 10
    Convenience
    5 / 10
    Trust
    8 / 10
    Less
    Mi, New South Wales, reviewed 10 days ago
  • NAB iSaver review

    Overall rating   6 / 10
    They'll do.

    I have no strong feelings either way.

    Price
    6 / 10
    Features
    6 / 10
    Customer service
    6 / 10
    Convenience
    6 / 10
    Trust
    6 / 10
    Less
    Chris, New South Wales, reviewed 10 days ago
  • Bank of Queensland Fast Track Saver Account review

    Overall rating   7 / 10
    Good product but room for improvement.

    Very good account, competitive interest rate. Online banking not very user friendly and efficient.

    Price
    6 / 10
    Features
    7 / 10
    Customer service
    7 / 10
    Convenience
    4 / 10
    Trust
    7 / 10
    Less
    Patrick, Victoria, reviewed 10 days ago
  • UBank Savings Account review

    Overall rating   5 / 10
    Competitive rates but lack of personal service.

    Competitive rates, but can't access physical branch. Also, the sweep thing is annoying.

    Price
    8 / 10
    Features
    3 / 10
    Customer service
    6 / 10
    Convenience
    0 / 10
    Trust
    6 / 10
    Less
    Danielle, South Australia, reviewed 10 days 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
      1.75% p.a. (for $0 to $250,000)
      standard interest rate
      0.15% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yesup 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
    • Growth Saver Account

      Maximum rate
      1.75% p.a. (for $0 and over)
      standard interest rate
      0.15% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yesup to $250,000

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

      Promoted
    • Life Saver

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

      Account balance must increase each month

      Promoted
    • High Interest Savings Account

      Maximum rate
      2.25% p.a. (for $0 to $250,001)
      standard interest rate
      0.80% p.a.(for $0 to $250,001)
      Govt Deposit Guarantee
      Yesup to $250,000

      Bonus rate for the first 4 months from account opening

      Promoted
    • Serious Saver

      Maximum rate
      2.10% p.a. (for $0 to $1,000,000)
      standard interest rate
      0% p.a.(for $0 and over)
      Govt Deposit Guarantee
      Yesup to $250,000

      No withdrawals in the month. Bonus rate for first 4 months, reverting to 0.15% bonus rate after*

      Promoted

    Want more? Compare all 233 savings accounts in the Mozo comparison engine.

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