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If you're saving for a holiday, new car, house deposit or any worthwhile purpose a high interest rate online account can help you achieve your goals faster. There are many high interest savings accounts available today, some come with strings attached. Tricks to watch out for include short term introductory rates that revert to lower rates, and restrictions on monthly deposits and withdrawals.

 
 


Compare Online Savings Accounts

Product Interest Rate % p.a. Ongoing variable rate p.a.    
BankWest TeleNet Saver 8.50 7.40*  More Info
RaboPlus 7.30 7.30  More Info
NAB iSaver 7.05 7.05  More Info
HSBC Serious Saver   7.50*  7.50*  More Info
HSBC Everyday Banking  5.40*  5.40*  More Info
Commonwealth NetBank Saver  7.00 7.00  
ING Direct Savings Maximiser 7.90 6.90  
Suncorp Everyday Options Sub Account 7.15 7.15  
Westpac eSaver 7.05* 7.05*  
 Information accurate as at 1 st June 2008.
*
The following terms and conditions apply to the rates above
  • BankWest: BankWest offer an introductory rate of 8.50% p.a.
  • NAB: Must be linked to a nab everyday bank account which may incur a monthly fee.
  • HSBC Serious Saver: Interest every month you don't withdraw
  • HSBC Everyday Banking: *Deposits up to $4,999 attract an interest rate of 0.50%p.a.
  • Westpac: Westpac offers a bonus rate on balances over $100,000 only. Conditional on no withdrawals and at least one deposit per month. Account must be linked to a Westpac transaction account which may incur a monthly fee.
  • Suncorp: Must be linked to a Suncorp Everyday Options account which may incur monthly fee.
 
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