Australian Savings Account Rates

Compare 54 savings accounts from Australian banks. Sorted by ongoing rate — not honeymoon specials. Updated daily.

Best ongoing rate

6.55% p.a.

Bankwest Easy Saver — Bankwest

Best — no conditions

5.15% p.a.

PremiumSaver — Rabobank

Best intro rate

7.35% p.a.

Introductory rate

Bankwest Easy Saver — Bankwest

Rate Comparison

Account	Ongoing rate	How to earn it	Intro rate
Bankwest Easy Saver Bankwest 16+	6.55% base 1.85% + bonus 4.70%	Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply.	7.35% then drops to 6.55%
Personal Savings Account Judo Bank 18+	5.35% base 0.05% + bonus 5.30%	Deposit $300 within the month.	—
Savings Maximiser ING 18+	5.25% base 0.01% + bonus 5.24%	When the criteria is met in a calendar month, the benefits and additional variable rate will apply in the next calendar month. Available on one account for balances up to $100,000. Bonus rate on balances up to $100,000	—
Smart Saver Account BOQ 36+	5.15% base 0.05% + bonus 5.10%	$1000 deposited per month + 5 eligible transactions	—
PremiumSaver Rabobank 18+	5.15%	No conditions	—
Home Saver Great Southern Bank 18+	5.00% base 0.50% + bonus 4.50%	Receive bonus interest on balances up to $100,000 when you deposit $2,000 or more each month into your Everyday Edge Account from a non-Great Southern Bank account and make five or more Visa Debit Card purchases. Bonus rate on balances up to $100,000	—
MOMENTUM SAVER Teachers Mutual Bank	4.85% base 0.10% + bonus 4.75%	Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month.	—
Bonus Saver Bank Australia	4.85% base 0.10% + bonus 4.75%	Interest rate is variable, calculated daily on whole of balance and credited monthly.	—
Growth Saver Account Suncorp Bank 11+	4.80% base 0.05% + bonus 4.75%	Closing balance on the last day of the month (excl. interest) at least $200 greater than the closing balance on the last day of the previous month and no more than 1 withdrawal in the month.	—
Macquarie Savings Account Macquarie Bank 12+	4.75%	No conditions	5.10% for 4 mo then drops to 4.75%
GoalSaver Commonwealth Bank 18+	4.75% base 0.25% + bonus 4.50%	No conditions	—
Dream Fund People's Choice	4.75% base 0.01% + bonus 4.74%	Bonus interest paid in any month the account balance grows (not including interest credits) Bonus rate on balances up to $100,000	—
Westpac Life Westpac 18+	4.75% base 0.10% + bonus 4.65%	Westpac Life Variable Bonus Rate : To earn the variable bonus interest you must make a deposit to your Westpac Life account, ensure the account balance is higher at the end than the beginning of the month and keep the account balance above $0. Interest is calculated on the daily balance of your Westpac Life account and paid on the last business day of the month.	—
AMP Saver Account AMP Bank	4.70% base 0.25% + bonus 4.45%	Grow your AMP Saver account balance by $250 or more (excluding interest) in a calendar month and you will receive the bonus interest on balances in your AMP Saver account up to $500,000 in the following month Bonus rate on balances up to $500,000	—
NAB Reward Saver NAB	4.65% base 0.01% + bonus 4.64%	Earn bonus interest for each month that you make at least one deposit before the second last banking day of that month and no withdrawals during that month	—
Future Saver Great Southern Bank 18+	4.60% base 0.10% + bonus 4.50%	Rate applies on a stepped basis. Bonus interest is applied on top of the base rate if the balance of the Future Saver account increases by $250 by the end of each calendar month (excluding interest payments, withholding tax and fees).	—
Everyday Saver Great Southern Bank	4.55%	No conditions	—
Purple Bonus Saver Beyond Bank	4.40% base 0.01% + bonus 4.39%	You will become eligible for bonus interest if you: a) deposit at least $50 during the month; and b) do not make a withdrawal during the same month. Interest is paid monthly.	—
Online Saver Account People's Choice	4.35% base 2.95% + bonus 1.40%	Bonus Promotional 4 month rate on new accounts up to $100,000 Bonus rate on balances up to $100,000	—
Youth Target Bonus Account People's Choice	4.00% base 0.01% + bonus 3.99%	Bonus interest will be applied to all balances if at least one deposit and no withdrawals are made	—
Essential Saver account Teachers Mutual Bank	4.00%	No conditions	—
Target Bonus Account People's Choice	4.00% base 0.01% + bonus 3.99%	bonus interest will be applied to all balances if at least one deposit and no withdrawals are made	—
High Interest Savings Account Rabobank 18+	3.95%	No conditions	5.65% for 4 mo then drops to 3.95%
ANZ V2 PLUS ANZ 18+	3.85%	No conditions	—
Bonus Saver Greater Bank	3.75%	No conditions	—
Bank Guarantee Facility Acct Beyond Bank	3.70%	No conditions	—
ANZ Progress Saver ANZ 12+	3.50% base 0.01% + bonus 3.49%	When you make a single deposit of $10 or more in a month and no withdrawals	—
Call Deposit Account Rabobank 18+	3.25%	No conditions	—
PurposeSaver Rabobank 18+	3.20%	No conditions	—
AMP SuperEdge Saver Account AMP Bank	2.95%	No conditions	—
Community Reward Account Beyond Bank	2.90%	No conditions	—
Savings Accelerator ING 18+	2.75%	No conditions	—
Pension Advantage account Teachers Mutual Bank	2.75%	No conditions	—
Christmas Saver Bank Australia 13+	2.25%	No conditions	—
DIY Super Account IMB Bank	2.15%	No conditions	—
Everyday 50PLUS Account IMB Bank 50+	2.00%	No conditions	—
monEsaver Internet Account Beyond Bank	2.00%	No conditions	—
NetBank Saver Commonwealth Bank 14+	1.95%	No conditions	5.10% for 5 mo then drops to 1.95%
NAB iSaver NAB	1.55%	No conditions	4.95% then drops to 1.55%
ANZ Online Saver ANZ 12+	1.10%	No conditions	—
Westpac eSaver Westpac 14+	1.00%	No conditions	4.55% for 5 mo then drops to 1.00%
AMP SuperEdge Cash Account AMP Bank	0.75%	No conditions	—
Pension Access Bank Australia 18+	0.75%	No conditions	—
Superannuation Savings Account BOQ	0.70%	No conditions	3.55% for 4 mo then drops to 0.70%
AMP SuperEdge Pension Account AMP Bank	0.60%	No conditions	—
Everyday 50+ Account Great Southern Bank 50+	0.10%	No conditions	—
Retirement Advantage Account Bankwest 55+	0.05%	No conditions	—
Simple Saver Account BOQ 14+	0.05%	No conditions	0.65% then drops to 0.05%
Access Savings Account Beyond Bank 18+	0.01%	No conditions	—
Retirement Plus Greater Bank 55+	0.01%	No conditions	—
Everyday Account IMB Bank	0.01%	No conditions	—
Community Account Beyond Bank	0.01%	No conditions	—
Everyday Options Account Suncorp Bank 11+	0.01%	No conditions	—
Online Saver Bank Australia	0.01%	No conditions	—

Rates are p.a. Sorted by ongoing rate — the rate you earn after any introductory period ends. Intro rates shown separately. View all lenders.

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