High Interest Savings Account Comparison - Compare and Apply
Reach your savings goals faster with a high interest savings account.
Reach your goals faster with higher interest rates and lower fees. Compare accounts from leading Australian banks to find the highest interest rates and apply online direct with the bank of your choice.
- Max. Interest Rate % p.a.
- Minimum Deposit
- Info
- Start Saving
- UBank USaver AccountUSaver has been judged the overall Best Savings Ac
- 6.01%
- $200
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- St. George Savings Account, Direct SaverIf you open a new Direct Saver account between 19/
- 6.25%
- $0
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- ANZ Online SaverOpen an ANZ Online Saver by 31st Jan 2012 and earn
- 6.00%
- $0
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- Virgin SaverVirgin Saver - Get there faster with an impressive
- 5.85%
- $0
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- Citibank Online Saver AccountSave towards the items on your wishlist with Citib
- 5.80%
- $0
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- NAB iSaverNAB iSaver - online savings with no bank fees and
- 5.50%
- $0
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- Suncorp eOptions AccountSuncorp eOptions savings account is a high interes
- 4.50%
- $1
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Benefits of online savings account offers
As well as the convenience of 24/7 Internet banking online high interest accounts offer several other distinct benefits over standard savings accounts:
- Higher interest rates - without the costs of branch services and networks the banks can afford to pass on these cost benefits in the form of high interest rates for you
- Lower fees - many banks charge monthly fees which soon add up. As you will see, most of the accounts featured on our site have no monthly fees which means interest you earn does not get eaten up by fees.
- Low minimum deposits - Another trick to look out for is banks offering rates that sounds great but requiring you to deposit large amounts of money or maintain a minimum balance. Some will only pay interest in balances above a certain amount, such as $2,000. Most accounts on this site allow you to deposit as little as $1 to open an account, pay the interest on all your funds and their is no minimum balance. Just check each offer for details.
How to apply for a savings account online
- To apply for an account you can review the offers above and compare interest rates, minimum deposits and fees.
- Choose the offer you are interested in and click the 'Apply Now' button
- You will be taken to the application page for the bank account of your choice - this online application is secure and directly on the banks own website
- Online applications typically take no more than 10 minutes to complete - You should be an Australian resident, Aged 12 or over and have your TAX file number and bank account details to hand (to link accounts) - This website is independent from any bank and all applications and personal information is directly on the banks own secure application page