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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ANZ

ANZ Progress Saver savings account review

Overall rating   10 / 10

Top of the range service with a smile

Doesn't matter what type of banking I do, they are very helpful and cheerful. Always giving top of the range service with a smile.
Full review

Doesn't matter what type of banking I do, they are very helpful and cheerful. Always giving top of the range service with a smile.

    Price   9 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Peter (WA), reviewed 3 days ago

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NAB

NAB savings account review

Overall rating   7 / 10

Trustworthy. Honest.

I trust NAB and the people who work at my local branch. They are very professional.
Full review

I trust NAB and the people who work at my local branch. They are very professional.

    Price   8 / 10

    Features   6 / 10

    Customer service   5 / 10

    Convenience   10 / 10

    Trust   9 / 10

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Vicki (VIC), reviewed 3 days ago

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NAB

NAB Reward Saver savings account review

Overall rating   9 / 10

Awesome

Great bank, easy-to-use and understand. Great staff always happy and friendly. Always willing to give a hand when needed
Full review

Great bank, easy-to-use and understand. Great staff always happy and friendly. Always willing to give a hand when needed

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   8 / 10

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Jamal (QLD), reviewed 3 days ago

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ANZ

ANZ savings account review

Overall rating   10 / 10

All around a great company to deal with.

I have never had an issue on any level with this bank, ever.
Full review

I have never had an issue on any level with this bank, ever.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Janine (SA), reviewed 3 days ago

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Commonwealth Bank

Commonwealth Bank GoalSaver savings account review

Overall rating   10 / 10

Great customer service, always happy with outcome

No complaints, always been great provider
Full review

No complaints, always been great provider

    Price   5 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Donna (TAS), reviewed 3 days ago

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NAB

NAB iSaver savings account review

Overall rating   8 / 10

Good. Satisfying. Quick.

Everything - services, products etc. are great.
Full review

Everything - services, products etc. are great.

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   8 / 10

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Xaythavone (QLD), reviewed 3 days ago

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Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   9 / 10

Great way of saving.

Have not had a problem since opening my account.
Full review

Have not had a problem since opening my account.

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Tamara (SA), reviewed 3 days ago

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Catalyst Money

Catalyst Money Cash Management Account savings account review

Overall rating   9 / 10

Good conditions, excellent customer service

Customer service is excellent. Never placed in queues, they respond efficiently every time. Costs on the account are minimal
Full review

Customer service is excellent. Never placed in queues, they respond efficiently every time. Costs on the account are minimal

    Price   9 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   9 / 10

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Soulore (NSW), reviewed 3 days ago

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Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   7 / 10

CBA provides a good service

I only have one service through CBA and it seems to run smoothly but they never offer upgrades or additional services.
Full review

I only have one service through CBA and it seems to run smoothly but they never offer upgrades or additional services.

    Price   7 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   7 / 10

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Holly (NSW), reviewed 3 days ago

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Westpac

Westpac Reward Saver savings account review

Overall rating   7 / 10

Shop around for a better deal

Doesn't pay very much interest or give you rewards or incentives to save.
Full review

Doesn't pay very much interest or give you rewards or incentives to save.

    Price   5 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

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Jodi (VIC), reviewed 3 days ago

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Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   9 / 10

Satisfied with the bank

The products and services offered by the bank are just awesome and very easy to handle and their staff are also really helpful.
Full review

The products and services offered by the bank are just awesome and very easy to handle and their staff are also really helpful.

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

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Jaspreet (NSW), reviewed 3 days ago

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Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   10 / 10

Exceptional

Great customer service, quick, efficient and general sense of comfort from the whole team at my local CBA
Full review

Great customer service, quick, efficient and general sense of comfort from the whole team at my local CBA

    Price   9 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Luke (WA), reviewed 3 days ago

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NAB

NAB Reward Saver savings account review

Overall rating   8 / 10

Great bank to be with

Awesome bank to be with. Couldn't ask for a better bank to be with.
Full review

Awesome bank to be with. Couldn't ask for a better bank to be with.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

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Natasha (QLD), reviewed 3 days ago

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Westpac

Westpac Reward Saver savings account review

Overall rating   10 / 10

Best bank

Lovely customer service help
Full review

Lovely customer service help

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Felicity (QLD), reviewed 3 days ago

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ING DIRECT

ING DIRECT Savings Maximiser savings account review

Overall rating   10 / 10

Simply the best bank I've ever done business with.

So easy to operate and make changes to.
Full review

So easy to operate and make changes to.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Anne (WA), reviewed 3 days ago

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Commonwealth Bank

Commonwealth Bank NetBank Saver savings account review

Overall rating   6 / 10

Plenty of ATMs

They have good customer service and plenty of ATMs
Full review

They have good customer service and plenty of ATMs

    Price   5 / 10

    Features   4 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   6 / 10

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Marianne (WA), reviewed 3 days ago

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BCU

BCU savings account review

Overall rating   7 / 10

Friendly and local

Good local business with all the services I need.
Full review

Good local business with all the services I need.

    Price   7 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   6 / 10

    Trust   8 / 10

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Desley (NSW), reviewed 3 days ago

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Commonwealth Bank

Commonwealth Bank savings account review

Overall rating   9 / 10

They've got 100% of my trust. Lifetime member

Been with Commonwealth Bank for 30 odd years. I'm a very loyal customer. Service has always been impeccable. Have never even considered changing banks. Am a lifetime member
Full review

Been with Commonwealth Bank for 30 odd years. I'm a very loyal customer. Service has always been impeccable. Have never even considered changing banks. Am a lifetime member

    Price   8 / 10

    Features   6 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   10 / 10

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Matthew (VIC), reviewed 3 days ago

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Bankwest

Bankwest Smart eSaver savings account review

Overall rating   10 / 10

Easy to understand online bank account summary

Different accounts for different needs is great
Full review

Different accounts for different needs is great

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Christine (VIC), reviewed 3 days ago

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NAB

NAB Reward Saver savings account review

Overall rating   10 / 10

The NAB is a great bank, maybe the best bank.

Very happy with the customer service and the rates at NAB. Staff are always professional, helpful and friendly. Rates are competitive and no fees on transactions are a wonderful policy.
Full review

Very happy with the customer service and the rates at NAB. Staff are always professional, helpful and friendly. Rates are competitive and no fees on transactions are a wonderful policy.

    Price   9 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   10 / 10

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Jacinta (VIC), reviewed 3 days ago

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Suncorp

Suncorp eOptions savings account review

Overall rating   7 / 10

Fees can be a bit expensive

Good service and products
Full review

Good service and products

    Price   7 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   8 / 10

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Donald (QLD), reviewed 3 days ago

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NAB

NAB savings account review

Overall rating   10 / 10

A great bank that I would recommend to everyone

The NAB is the only bank I have been with since I left the Commonwealth Bank. They are helpful, easy to speak to, inexpensive and prompt with all requests that I have asked for.
Full review

The NAB is the only bank I have been with since I left the Commonwealth Bank. They are helpful, easy to speak to, inexpensive and prompt with all requests that I have asked for.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Matthew (VIC), reviewed 3 days ago

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NAB

NAB iSaver savings account review

Overall rating   10 / 10

NAB staff are the best

The staff at out local branch are very approachable and clear speaking and are always willing to spend the time to explain things clearly until they are sure you understand. I have also had time where I have had to go to different branches and...
Full review

The staff at out local branch are very approachable and clear speaking and are always willing to spend the time to explain things clearly until they are sure you understand. I have also had time where I have had to go to different branches and have found the same applies, instead of the "them and us" feeling you get in other banks, at NAB you feel like they genuinely want to help and inform you and look after your interests

    Price   6 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

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Difranco (VIC), reviewed 3 days ago

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Commonwealth Bank

Commonwealth Bank Direct Investment Account savings account review

Overall rating   7 / 10

Best customer service

Pro: very friendly and helpful staff members around the clock. Con: sometimes confusing when it comes to completing forms or trying to understand certain letters.
Full review

Pro: very friendly and helpful staff members around the clock. Con: sometimes confusing when it comes to completing forms or trying to understand certain letters.

    Price   3 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   5 / 10

    Trust   8 / 10

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Moya (NSW), reviewed 3 days ago

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Westpac

Westpac savings account review

Overall rating   6 / 10

Local staff good and helpful

Local staff are good
Full review

Local staff are good

    Price   5 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   5 / 10

    Trust   5 / 10

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Lorraine (VIC), reviewed 3 days ago

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Savings account comparisons on Mozo Rates updated daily

  • ME Online Savings Account

    ME Online Savings Account

    • Ongoing bonus rate
    • No minimum monthly deposit
    • No monthly account-keeping fees

    special rate*

    3.60% (for $0 to $250,000)

    Ongoing bonus rate if you make a weekly purchase using PayPass Tap & Go on your ME Everyday Transaction Account.

    standard interest rate

    1.80%(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Ongoing bonus rate
    • No minimum monthly deposit
    • No monthly account-keeping fees
    Product info
    • Special rate conditions: Ongoing bonus rate if you make a weekly purchase using PayPass Tap & Go on your ME Everyday Transaction Account.
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    8.1

    Based on 119 ME 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 facilities
    • No fees, no minimum balance, no minimum monthly deposit and no minimum term
    • The current 4 month introductory variable rate is a great way to kick start your savings

    special rate*

    3.50% (for $0 to $250,000)

    Bonus rate for the first 4 months from account opening

    standard interest rate

    2.55%(for $0 to $250,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Easy set up, online and Mobile Banking App facilities
    • No fees, no minimum balance, no minimum monthly deposit and no minimum term
    • The current 4 month introductory variable rate is a great way to kick start your savings
    Product info
    • Special rate conditions: Bonus rate for the first 4 months from account opening
    • Access: Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    8.0

    Based on 24 RaboDirect savings account reviews

    Need more information?
    Go to site

    More info

  • ING DIRECT Savings Maximiser

    ING DIRECT Savings Maximiser

    • No ING DIRECT fees
    • You could get a great variable rate every month, no matter how many times you withdraw
    • Anytime, anywhere banking with mobile app and 24/7 Australian call centre

    special rate*

    3.50% (for $0 to $100,000)

    For customers who also have an Orange Everyday and deposit their pay of $1,000+ each month.

    standard interest rate

    2.25%(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • No ING DIRECT fees
    • You could get a great variable rate every month, no matter how many times you withdraw
    • Anytime, anywhere banking with mobile app and 24/7 Australian call centre
    Product info
    • Special rate conditions: For customers who also have an Orange Everyday and deposit their pay of $1,000+ each month.
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    9.2

    Based on 428 ING DIRECT savings account reviews

    Need more information?
    Go to site

    More info

  • Bankwest Hero Saver

    Bankwest Hero Saver

    • No account keeping fees
    • No transaction fees
    • 100% secure application process

    special rate*

    3.15% (for $0 to $250,000)

    Minimum deposit of $200 excluding interest and no withdrawals in the month

    standard interest rate

    0.01%(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • No account keeping fees
    • No transaction fees
    • 100% secure application process
    Product info
    • Special rate conditions: Minimum deposit of $200 excluding interest and no withdrawals in the month
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.3

    Based on 417 Bankwest savings account reviews

    Need more information?
    Go to site

    More info

  • ANZ Online Saver

    ANZ Online Saver

    • Exclusive online bonus interest offer for 3 months. Limited time only.
    • No minimum balance
    • Interest calculated daily and paid monthly

    special rate*

    3.10% (for $0 and over)

    Bonus rate for the first 3 months from account opening

    standard interest rate

    1.80%(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Exclusive online bonus interest offer for 3 months. Limited time only.
    • No minimum balance
    • Interest calculated daily and paid monthly
    Product info
    • Special rate conditions: Bonus rate for the first 3 months from account opening
    • Access: BPay, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must be linked to ANZ deposit account.
    Overall rating

    7.7

    Based on 2117 ANZ savings account reviews

    Need more information?
    Go to site

    More info

  Compare

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Mozo gives you the inside story on the best banking and insurance products as rated by thousands of real customers around Australia.

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