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.

Latest Rates

ProductInstitutionRateApply
eASYSAVER AccountAMP7.00%-
eOptions SavingsSuncorp Metway6.50%Apply
directsaver AccountSt George Bank Ltd6.50%Apply
TeleNet SaverBankWest6.35%Apply
bankwest tddirectBankWest6.25%Apply

Changing Banks Made Easier

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.

St George directsaver rates going down on October 1

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.