Compare Savings Accounts from Leading Australian Banks

savings account piggy bankReach your savings goals faster with a high interest savings account.

Compare savings accounts for interest rates, fees and minimum deposits

savings tick All accounts listed are covered by Australian Government's Deposit Guarantee

savings tick Click the 'Go' buttons to apply direct with the banks. 100% Secure.

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  • Max. Interest Rate % p.a.
  • Minimum Deposit
  • Info
  • Start Saving

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

Discover exactly what each product has to offer and browse unbiased reviews and ratings from other visitors before you apply online. Why not take a moment to add a review yourself and help other Australians make informed decision.

High Interest Saving Account is not a bank. All applications for financial products are channeled directly to their respective banks via the links on this site.