How to Marie Kondo your bank accounts & spark joy into your savings

Whether you’re just getting started with setting up your banking or you’re doing a financial clean sweep and revamping your current accounts, it’s a good idea to establish better organisational habits right from the get-go.

Two key banking products to get right are an everyday bank account for your regular spending, and a savings account to store your savings and pay-check in. If you want to gain more control over your finances and be able to easily monitor your spending, it’s essential to split your money between a regular bank account and a savings account, and not keep it all in the one place.

Not only will separating your money simplify your entire banking process, but it can even help you save, as you’ll be less likely to dip into your savings if they’re harder to access. Think of it like Marie Kondo-ing your banking to spark joy into your savings!

Dividing your money between a bank account and savings account means that you could even dedicate one account to bills and expenses and keep any direct debits you have separate to your savings.

Now, you don’t necessarily have to have a bank account and a savings account with the same bank. In fact, sometimes you’ll find better value by mixing it up, but here are a few savings and bank account pairings from different banks to get you started!

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Important disclosures
Great Southern Bank - Everyday Account
  • No account fee
  • Unlimited phone and internet transactions
  • No debit card service fee
Find out more
The details:

If you want a simple, fee-free bank account for your everyday spending look no further. With no account fees or interest charges, and tonnes of flexible payment options, like Apple Pay, PayID and Samsung Pay, you’ll want to check out the CUA Everyday Account. Plus, you’ll even score a CUA Visa Debit card linked to your CUA Everyday Account which you’ll be able to make payments with.

Read more about the CUA Everyday Account.

Great Southern Bank - eSaver Flexi
  • 1.70% p.a. interest rate
  • Unlimited free transactions from phone and internet
  • No account fee
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The details:

While the CUA Everyday Account is perfect for easy access to your money, you can combine it with the CUA eSaver Flexi to help grow your stash. If you’ve got funds you don’t need for day to day spending, they can earn a competitive 1.70% p.a. ongoing interest rate in this savings account, plus there are no account fees and unlimited transactions either online or over the phone. The CUA eSaver Flexi has no minimum monthly deposit requirements, so you’ll be able to save at your own pace without worrying about being penalised for not making a deposit.

Read more about the CUA eSaver Flexi Account.

HSBC - Everyday Global Account
  • 2% cashback on tap and pay purchases under AU$100
  • $100 bonus for new HSBC customers
  • Perfect for frequent travellers and international online shoppers
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The details:

What makes the HSBC Everyday Global a good bank account is that it has no account fees, no interest charges and tonnes of flexible payment options, like EFTPOS, BPAY, direct debit, Apple Pay and Google Pay. But what makes the HSBC Everyday Global a great bank account is its top-notch traveller-approved special features, like being able to lock in up to 10 different international currencies in the one account and use the linked Visa debit card to spend overseas using local currency!

Read more about the HSBC Everyday Global Account.

HSBC - Everyday Savings
  • 2.60% p.a. intro bonus rate (first four months)
  • 0.70% p.a. ongoing bonus rate
  • No account fee
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The details:

If you’re serious about saving up for that next overseas holiday, then why not pair the HSC Everyday Global with the HSBC Serious Saver (say that one 3 times in a row!). Showing off with no account fees and a whopping 2.60% p.a. intro rate for the first four months, the HSBC Serious Saver has a competitive 0.70% p.a. ongoing interest rate, which is yours to keep, so long as you don’t make any withdrawals throughout the month (or else your rate will drop to 0%). Talk about a super savings incentive!

Read more about the HSBC Serious Saver Account.

ING - Orange Everyday
  • 2019 Mozo Everyday Bank of The Year*
  • Multiple Mozo Experts and People's Choice Award winner*
  • No ATM withdrawal fees overseas or in Australia
The details:

If you’re looking to bank with an award-winner, then you’ve come to the right place! Not only has ING been voted as having one of Australia’s best bank accounts** 3 years in a row in the Mozo Experts Choice Awards and was crowned 2019 Mozo Everyday Bank of The Year, but it’s Orange Everyday account won the 2019 Mozo Experts Choice Awards for Exceptional Everyday Account* and for Best Travel Debit Card^.

Read more about the ING Orange Everyday.

ING - Savings Maximiser
  • Won a 2019 Mozo Experts Choice Award in the category Regular Saver category^^
  • 2.30% ongoing bonus rate if conditions are met
  • No account fee
The details:

Now, how about an award-winning savings account to go with your ING Orange Everyday account? Allow us to introduce you to the ING Savings Maximiser. With a 0.50% p.a. standard interest rate and a juicy 1.80% p.a. ongoing bonus rate up for grabs, the ING Savings Maximiser could be just what you need to help plump up your savings! Keep in mind, to receive the bonus rate offer you’ll need to link your Orange Everyday Account, deposit at least $1,000 from an external source each month (like your pay) and make 5 purchases on your debit/credit card each month.

Read more about the ING Savings Maximiser.

UBank - USpend Transaction Account
  • Revolutionary Sweep technology
  • 2.41% p.a. special interest rate
  • Won a 2019 Mozo Experts Choice Award in the Exceptional Everyday Account* category
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The details:

After something with a little more pizazz than just your ordinary everyday bank account? Well, having won a 2019 Mozo Experts Choice Award in the Exceptional Everyday Account category*, the UBank USaver Ultra Transaction Account is anything but ordinary! When paired with the UBank USaver, this lightning duo will help you save utilising its innovative Sweep technology to automatically moves your money between your accounts each night to keep you on track with your savings goals.

Read more about the UBank USaver Ultra Transaction Account.

UBank - USave with USpend Transaction Account
  • Won the 2019 Mozo Experts Choice Award for Savings Bank of the Year^^
  • 2.41% special interest rate
  • Innovative sweep technology
Find out more
The details:

If you’re looking for an online bank to stash your savings, the UBank Usaver with Ultra Transaction Account comes with a 1.35% p.a. standard interest and a cheeky 2.41% p.a. special interest rate (when you deposit at least $200 into either account each month) to help sweeten the deal. To help you get the most out of your savings, the UBank Ultra Transaction Account works hand in hand with the UBank USaver, using its innovative sweep technology to automatically push money between your accounts to bump up your balance according to a specific limit set by you.

Read more about the UBank USaver with Ultra Transaction Account.

For more hot offers and savvy savings tips, head to our savings account comparison table.

*Click here for more information about the 2019 Mozo Experts Choice Awards for Bank Accounts

**Click here for more information about the Mozo Experts Choice Australia’s Best Banking Awards 2019

^Click here for more information about the Mozo Experts Choice Awards for Travel Money Cards 2019

^^Click here for more information about the 2019 Mozo Experts Choice Awards for Savings Accounts


^See information about the Mozo Experts Choice Savings Account Awards

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