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Savings Accounts

Today's Featured Bank Accounts

Savings: HSBC Serious Saver 

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  • Introductory variable rate of 5.55% p.a. for 4 months on balances up to $1,000,000
  • Earn interest every month you don't make a withdrawal.
  • No minimum opening or ongoing balance required.
  • Transfer funds through your linked account via Internet, Mobile and Phone banking
  • Visit HSBC's website for conditions and full details.
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Heritage Bank Term Deposit

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  • 5.40% p.a. for 6 months. Minimum deposit of $5,000.
    Visit Heritage Bank's website for conditions and full details.
  • Available for term deposit amounts of $5,000 or more.
Visit Site
 
 

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

 

Search & Compare Savings Accounts and Term Deposits

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Fixed Term At Call Savings
 

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 Savings Standard
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Savings News

NAB stepping back from the battle for deposits

NAB last month stood back a little from the battle for deposits, lowering its deposit rates by 50 basis points, matching the cut by the Reserve Bank. Read full article

Top picks for kid’s savings

Traps are lurking for parents who don't understand the drawbacks in kids savings accounts. Read full article

Savings rates slashed

Interest rates are a key concern of bank customers and this months rate changes may add to the anger. 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

Need a savings account?

At InfoChoice, you’ll find it so much easier to choose a savings account, quickly and easily. You won’t need to spend valuable time going from bank to bank - we list 100's of different accounts right here for you to choose from. In today's market there are so many options it's hard to know where to begin, we help make it easier for you by listing products based on your needs or from a pre-selected list of accounts which you can compare side by side. Because we list many different types of accounts which offer differing features and interest rates and depending on what you are looking for will determine where you will find the account that is right for you. If you're looking for high interest savings account then you might want to take a look at the online savings accounts these generally offer the best rates due to the low maintenance costs for the providers but if you need branch access then these accounts aren't for you as they mostly offer online or phone access only. We also list a number of childrens savings accounts if you are looking for your children to start early and save for the future. Would a term deposit suit you better? Term deposits offer gauranteed returns for the period of the deposit, so if you have a specific savings target you need to hit then these can be a great option. These are just some of the savings options and you can choose even more with our savings account and term deposit search tool.  Just enter your required criteria and InfoChoice will instantly create a list of savings options based on your requirements from there you can compare savings accounts and choose the right one for you. Some accounts will have an apply button next to the listing which when clicked will take you to the providers website where you can apply or enquire online. 

When it comes to choosing a savings account or term deposit, it pays to make the right choice. Choose your savings account on your terms – not the banks.


Today's Top Savings Accounts

Institution Product Max. Rate (%) Details
Citibank Online Saver (5.70% Variable intro rate for 4 months on balances up to $500k) 5.70 Details
RaboDirect Savings Account (up to 5.60% 4 month special variable rate up to $250k) 5.60 Details
Savings Maximiser (5.60% p.a. variable intro rate for 4 months on balances up to $250,000) 5.60 Details
HSBC Serious Saver (5.55% variable intro rate for 4 months on balances up to $1m) 5.55 Details
USaver (Base Rate 4.91%, Bonus 0.60% with savings plan) 5.51 Details
Institution Product Max. Rate (%) Details

The above products are some of the top rates available in the market. Based on promotional or introductory rates for an online savings account of $5,000.