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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.

Savings account comparisons on Mozo - rates updated daily

  • Online Savings Account

    • Savings Bank of the Year 2016
    • No minimum monthly deposit. Ongoing variable bonus rate
    • No monthly account-keeping fees

    standard
    interest rate

    1.30% p.a.(for $0 and over)

    Special
    rate

    2.95% p.a. (for $0 to $250,000)

    Ongoing bonus rate if during the month you make a weekly Tap & Go purchase with your ME Everyday Transaction Account buck Debit MasterCard.

    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 213 savings accounts in the Mozo comparison engine.

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