If you’re looking for ways to boost your savings, then a high-interest savings account is a sure-fire way to do it. And if you’d like to get your hands on an award-winning high-interest savings account, then you’ve come to the right place. We've compiled a list of some of the top high-interest savings accounts of the 2019 Mozo Experts Choice Awards for Deposits winners.
To win a Mozo Experts Choice Award is incredibly prestigious and banks can’t simply nominate themselves for an award. Our Mozo experts choose each award winner after meticulously analysing their product data and scanning the market to find elite products in each product category. After thoroughly assessing each candidate and identifying those with the highest value offering and market-leading features, our Mozo experts carefully distinguished the top products as the winners.
So, without further ado, here’s a rundown on some of the top high-interest savings accounts of the 2019 Mozo Experts Choice Awards for Deposits winners.
UBank USaver with Ultra Transaction
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Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
You'll be laughing with the UBank USaver with Ultra Transaction account's 1.81% p.a. standard interest rate and generous 2.87% p.a. special interest rate when you deposit $200 or more into either account each month. Plus, you’ll be saving on autopilot with its in-built sweep technology, which automatically sweeps money (based on a set amount of your choosing) from your linked transaction account to your USaver account every night. On top of all this, the UBank USaver with Ultra Transaction account charges $0 account keeping, overseas ATM withdrawal or foreign exchange rate fees, which goes to show why it won a 2019 Mozo Experts Choice Award in the Regular Saver category, while UBank was crowned as 2019 Mozo Savings Bank of the Year*.
AMP Saver Account
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Important disclosures
Important disclosures
Advertiser disclosure
Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. You do not pay any extra for using our service.
We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not.
'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently.
'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. You can easily change the sort order of the products displayed on the page.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
AMP Bank - AMP Saver Account
Dual 2019 Mozo Experts Choice Award winner*
2.55% p.a. introductory interest rate for 4 months
With a competitive 2.55% p.a. introductory interest rate for 4 months, and a 2.10% p.a. ongoing interest rate, the AMP Saver Account is designed to help you get the most out of your savings without any extra account fees to hold you back. Taking the pressure out of your savings, the AMP Saver has no minimum monthly deposit requirements to score this bumper rate, meaning you'll set the rules when it comes to how much you choose to save. The AMP Saver gained its multi-award winner status after receiving 2019 Mozo Experts Choice Awards in both the Kick Start Savings and No Strings Savings categories. When you link your AMP Saver Account to an AMP everyday transaction account, you’ll have the flexibility to make unlimited free transactions via the internet, over the phone or from AMP’s mobile banking app.
RaboDirect High Interest Savings Account
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Important disclosures
Important disclosures
Advertiser disclosure
Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. You do not pay any extra for using our service.
We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not.
'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently.
'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. You can easily change the sort order of the products displayed on the page.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
If you’re looking to get the most out of your savings, you can’t go wrong with a bank that specialises in savings accounts. With a whopping 3.05% p.a. introductory interest rate for the first 4 months, and a competitive 1.80% p.a. ongoing rate, the RaboDirect High Interest Savings Account was made to help you boost your savings. There are no minimum monthly deposit or withdrawal conditions to set you back, and you won’t have any account fees to worry about either. RaboDirect is 100% online, so you can easily sign up and manage your account wherever and whenever you like. You’ll need to link your account to an everyday transaction account, but the good news is, it can be with any bank or financial institution. With all these savings-savvy features up for grabs, it makes sense why this account won awards in both the No Strings Savings and Kick Start Savings categories.
UBank USaver
Mozo may receive payment if you click products on our site. Mozo does not compare the entire market.
Important disclosures
Important disclosures
Advertiser disclosure
Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. You do not pay any extra for using our service.
We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not.
'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently.
'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. You can easily change the sort order of the products displayed on the page.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
Our 2019 Mozo Savings Bank of the Year, UBank, make its’ second appearance on our list of top high-interest savings accounts of the 2019 Mozo Experts Choice Awards for Deposits, with its USaver account. With no fees, and a competitive 1.81% p.a. standard interest rate, the USaver won a 2019 Mozo Experts Choice Award in the No Strings Savings category. Additionally, this 100% online account offers a game-changing Savings Bucket feature, which allows you to split your savings into different Savings Buckets dedicated to different savings goals. In other words, if your short-term savings goal is to buy a brand new Jeep Wrangler, but you’d also like to start working towards your long-term goal of saving for a house deposit, then you can open multiple Savings Buckets to help you reach each savings goal. If this doesn’t help you save, then we don’t know what will.
ME Online Savings Accounts
Mozo may receive payment if you click products on our site. Mozo does not compare the entire market.
Important disclosures
Important disclosures
Advertiser disclosure
Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. You do not pay any extra for using our service.
We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not.
'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently.
'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. You can easily change the sort order of the products displayed on the page.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
ME - Online Savings Account
Multiple 2019 Mozo Experts Choices Award winner*
2.85% p.a. special interest rate (conditions apply)
If you’re looking for a high interest savings account that’ll get you more bang for your buck, then check out the ME Online Savings Account. This account starts at a standard interest rate of 1.30% p.a., with the potential to earn a super competitive 2.85% p.a. special interest rate when you link your ME Online Savings Account to a ME EveryDay transaction account and make a weekly “tap and go” purchase using its Buck debit card. Sounds easy, right! And in case you’re wondering, the ME Online Savings Account got the Mozo tick of approval, taking home a 2019 Mozo Experts Choice Award in the Regular Saver category.
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.
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Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. You do not pay any extra for using our service.
We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not.
'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently.
'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. You can easily change the sort order of the products displayed on the page.
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Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.
