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Banking / Savings Accounts

Savings Accounts

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Review More Bank Accounts: High Interest Savings Accounts | Online Savings Accounts | Incentive / Bonus Saver Accounts | Cash Management Accounts | Childrens Savings Accounts | Self Managed Super & Retirement Accounts | Everyday Transaction Accounts


Today's Sponsored Bank Accounts


ANZ Online Saver 

  • Exclusive online bonus interest offer for 3 months. Limited time only
  • No minimum balance
  • Get your interest calculated daily and paid monthly
  • Visit ANZ's website for conditions and full details.
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ING DIRECT Savings Maximiser 

  • Start earning up to 3.50% p.a. variable interest
  • With no ING DIRECT fees, all your money goes towards reaching your savings goals
  • 3.50% p.a. variable rate (incl. 1.25% additional variable rate) for customers who also have an Orange Everyday bank account and deposit $1,000+ each month from an external account
  • Available on one account for balances up to $100,000 with the additional variable rate applied the month following the deposit
  • Visit ING Direct's Website for conditions and full details.
Go to site
For information on how we’ve selected these “Sponsored” and “Featured” products click here.

Savings News

The only truly safe investment is ...

The only truly safe investment is cash in a savings account or term deposit at an authorised deposit taking institution, like a bank or credit union. Read full article

Do you have a kick start account?

Financial adviser Sam Henderson said savers who will need their money in the next one to three years should think about investing their cash in a bank savings account. Read full article

Are my bank accounts taxed?

The interest earned on bank deposits like savings accounts and term deposits is taxed at the marginal rate that applies to the taxpayer. Read full article

More Savings News

Savings Guides

Make your money work for you

There has never been a better time to shop around for deposit accounts with some great offers outside of the big 4 banks.  Read full article

How to reduce your bank fees

With several banking products available in the market, and with different terminologies used to describe the nature of the fees charged on these accounts, it is no wonder consumers often get confused or lose track of the fees they are paying. Read full article

Should I lock away my savings or keep it at call?

In a competitive market where banks are fighting hard to win depositors cash, an excess number of cash accounts aggressively priced to offer decent returns are available... Read full article

Australians' $1 billion lost interest bill

Research from financial comparison experts InfoChoice shows that Australian consumers have short-changed themselves of more than $1 billion worth of interest in the past six months. Read full article

ATM Fee Reform – how these changes will affect you

A Direct Charging ATM fee reform was introduced on March 3rd 2009, making it mandatory for ATMs to provide on screen disclosure of the charges applied to customers using ATMs that dont belong to the cardholders financial institution. Read full article

More Savings Guides

Find the right savings account for you

The number of savings account on offer can make it difficult to choose a good deal. But finding the right account is easy with InfoChoice. Whether you want to open an online savings or a children’s savings account, InfoChoice allows you to search and compare in one place. You can compare features such as monthly account service fees and access options, and read breaking information about savings accounts in our news and guides section. You can also work out how much interest you’ll earn by using our savings calculator. Some accounts will take you the provider’s website so you can open your account online today.

More Savings Accounts

Institution Product Max. Rate (%) Details
Savings Maximiser (Base rate 2.25%p.a + 1.25%p.a Standard Bonus Rate = 3.50%p.a on balances up to $100K) 3.50 Go to site
RaboDirect High Interest Savings Account 3.50 Go to site
Citibank Online Saver (3.40% Variable intro rate for 4 months on balances up to $500k) 3.40 Go to site
Maxi Saver (3.25% variable for first 3 months) 3.25 Go to site
Maxi Saver Account 3.25 Go to site
Maxi Saver (NSW, ACT, SA & NT) 3.25 Go to site
Institution Product Max. Rate (%) Details

Based on promotional or introductory rates for an online savings account of $5,000. For information on how we've selected these “Sponsored” and “Featured” products click here.


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Although we cover a range of products, providers and services we don't cover every product, provider or service available in the market. The information and products contained on this website do not constitute recommendations or suggestions to purchase or apply for any particular product. Products included on this site may not suit your personal objectives, financial situation or needs. Please consider whether it is appropriate for your circumstances, before making a decision to purchase or apply for any product. If you are considering acquiring any financial product you should obtain and read the relevant Product Disclosure Statement or other offer document prior to making an investment decision.

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