Online savings accounts
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High interest saving accounts - compare and apply online
Online savings account | Saving account rates
The ever increasing popularity of online banking has seen the entrance of increased competition in the Australian savings account market. Online banks with lower overheads offer some of the best high interest saving accounts available. Compare high interest savings accounts from Bankwest, HSBC, St.George, ING Direct and Raboplus Savings from Rabobank.
Best online saving accounts compared
| Account | Interest Rate | Min Deposit | Fees | Details | Apply | |
 | BankWest Telenet Saver Account | 8.25% | $1+ | $0 |  |  |
 | directsaver from St.George Bank | 8.10%* | $1+ | $0 | | |
 | Raboplus Savings Account | 8.0% | $1+ | $0 | | |
 | HSBC Serious Saver | 7.50%** | $1+ | $0 | | |
 | NAB iSaver Savings Account | 7.05% | $1+ | $0 | | |
 | HSBC Online Saving Account | 5.40% | $2000 | $0 | | |
Featured online savings account - raboplus
This
month's featured savings account is the Raboplus account.
The name may not be a household name yet in Australia but the bank is the largest
online bank in Europe and owned by Dutch bank Rabobank. The bank has been voted
the worlds safest private bank and has security meaures beyond any other Australian
online bank.
- 8.0% p.a. ongoing - not just an introductory offer, one of Australia's highest ongoing rates
- No minimum deposit, banking fees or interest penalties when making a withdrawal from your savings account
- Special security device that provide unique code every time you login to keep your money secure.
- More visitors to this website apply for the BankWest Telenet Saver account than any other savings account on the site and it is easy to see why...
- Australia's highest intro rate at 8.25% p.a
- Open an account with as little as $1. Earn the same great rate on all money in your account. There are no fees and penalties to withdaw your money.
- Find out more information or apply online now
Our most popular savings account - BankWest Telenet Saver
Comparison Notes
* Raboplus Savings Account balances earn high ongoing rate of 8.00%p.a. on all balances** BankWest Telenet Saver account balances earn 8.25% until 1 January 2009 and then goes to current variable rate at time.
# directsaver high interest savings account from St.George bank pays the listed variable rate on all balances - conditions apply
*HSBC Serious Saver pays 7.50% all months where no withdrawals are made. **HSBC Online Saving account is an every day transaction account that pays 5.40% interest on balances over $5,000. Minimum initial deposit of $2,000 but no minimum ongoing balance.
For all accounts - see application page for full and current terms & conditions.
The above chart shows the most popular high interest saving account offers available on this site. The chart is designed to help you compare the key features such as interest rate, minimum deposits and banking fees. We only list Australian online saving accounts offering competitive interest rates.
For more detail on each account offer click on the product name in the chart, e.g.. 'Raboplus Savings Account' or use the menu on the left of the page.