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Long term savings accounts

  • A good savings habit deserves a good interest rate and choosing the right savings account can help you super-size your nest egg in record time through the power of compound interest.

  • How much can (and should) I be saving?

    Money experts say we should put aside 10% of everything we earn into savings. But chances are you can do better than that! Work out how much you can save with our savings calculator, or where you could be saving more with our handybudgeting calculator.

  • How do I find the best high interest rate savings account?

    Finding the best ongoing high interest savings account for your needs is really easy with Mozo's savings account search tool. Or, see below for a selection of some of the most popular high standard rate offers out there right now.

Long term savings account comparisons on Mozo - rates updated daily

  • 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

    standard
    interest rate

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

    Special
    rate

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

    Bonus rate for the first 4 months from account opening

    account
    fee per month

    $0.00

  • Incentive Saver Account

    • 24/7 access online savings account
    • No monthly service fees
    • Bonus interest every month you make at least one deposit and no withdrawals

    standard
    interest rate

    0.80% p.a.(for $0 to $100,000)

    Special
    rate

    2.00% p.a. (for $0 to $100,000)

    minimum one deposit, no withdrawals

    account
    fee per month

    $0.00

Want more? Compare all 214 savings accounts in the Mozo comparison engine.

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