Since November 1st it has become easier to switch your business from one bank to another with the Australian Payments Clearing Association confirming financial institutions are able to supply customers' direct debit and credit arrangements.


As managing your money becomes more important, it is important to find a savings account that offers a good mix of features and a high interest rate.
We have done the leg-work for you and present some of the best savings accounts on the market in an easy to compare format. Choose the best high interest rate savings account for you, and many banks will allow you to apply online.
| Product | Institution | Rate | Apply |
|---|---|---|---|
| eASYSAVER Account | AMP | 7.00% | - |
| eOptions Savings | Suncorp Metway | 6.50% | Apply |
| directsaver Account | St George Bank Ltd | 6.50% | Apply |
| TeleNet Saver | BankWest | 6.35% | Apply |
| bankwest tddirect | BankWest | 6.25% | Apply |
Since November 1st it has become easier to switch your business from one bank to another with the Australian Payments Clearing Association confirming financial institutions are able to supply customers' direct debit and credit arrangements.
Quick note: The St.George directsaver promotional rate has now come to a close.
From the 1st October, the standard interest rate for new customers who open a directsaver account will get an interest rate of 6.75% instead of 8.10% currently available.