High Interest Savings Account Comparison

Don’t just stick your hard earned savings into any regular savings account. You may be very happy to find that there are banks in the market that offer significantly higher interest rates on your money than your current saving account. So, compare the market using our comparison table and find the highest interest savings account and lowest fees so that your money can accrue the most interest. Also, high interest savings accounts aren’t like term deposits and typically don’t require you to lock your money away for fixed periods. So no matter if you’re saving up for a new boat, a backyard pool installation or building up your first home deposit then an online savings account is ideal.

Image Name Interest Rate Intro Rate Minimum Balance Apply
BankWest TeleNet Saver 4.00% p.a. 5.62% p.a. for 12 months None

HSBC Online Savings Account 5% p.a. None None

St George Direct Saver 5.75% p.a. (Up to) None None

ANZ Online Saver 4.25% p.a. 5.50% p.a. None

HSBC Serious Saver 4% p.a. None None

Suncorp eOptions Online Savings Account 6.45% p.a. fixed for 12 months None None

ING Direct Savings Maximiser 5.00% None

NAB iSaver Online Savings Account 3.75% p.a. 5.40% p.a. (Up to) $1

RaboPlus Premium Saver 5.75% p.a. None None

RaboPlus High interest Savings Account 4.50% p.a. None None

UBank USaver Online Savings 5.62% p.a. None None

Citibank Online Saver 4.25% p.a. 5.71% p.a. for 6 months None