InfoChoice | Compare Savings & Bank Accounts Australia
Subscribe to InfoChoice to receive

Special offers
Exclusive offers
Market data, trends and insights

Banking / Savings Accounts

The best savings accounts

Whatever your savings goals, the right savings accounts can help you get there faster by offering great features such as higher interest rates or zero fees.

Whether you’re a regular or occasional saver, business owner or investor, find your ideal savings account using our comparison tables, get up to date with the latest savings news, or learn more about your savings options in our handy guides.

Need some extra motivation? Use our savings calculator to work out a game plan for achieving your goals.

Let's get started: What is a Savings Account? | Types of Savings Accounts | How to apply for a Savings Account

Here are some savings accounts to consider

Savings Amount

Account Type
Account Type
Just a test
Not sure which savings account is for you? Click here for more information

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


Citi Online Saver  

  • Earn our variable introductory rate, currently 2.85% p.a., for the first 4 months while the account balance remains below $500,000 (interest rate may change throughout the period)
  • No monthly fees, plus there's no minimum balance
  • Link your Citibank Online Saver to any Australian bank account for easy access to your funds
  • 24/7 access via online, mobile, tablet and telephone banking.
Eligibility T&C’s apply. Consider if product is right for you Go to site

MyState Special eSaver Account  

  • Earn up to 2.50%p.a with a balance of $50k+
  • No minimum balance or ongoing deposits required.
  • Transfer money any time without penalties.
  • No monthly deposit account fee
  • Visit MyState'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

Good credit history? New laws could help you save

The Turnbull government has announced game changing new laws that will allow Australians to negotiate a better deal on their home loans, credit cards and other lending.  Read full article

ATM Fees Get The Axe From Four Big Banks

Australians biggest banks have decided to axe ATMs fees for customers of other banks. Commonwealth Bank, ANZ Bank, NAB Bank and Westpac Bank. Read full article

Which saving account has the highest rate?

Savings accounts come with terms and conditions that may be preventing you from getting the maximum bonus rate for your money.  Read full article

More Savings News

Savings Guides

What is a term deposit rollover risk?

Letting your term deposit automatically roll into the same fixed term can be a risky move as it can impact the amount of interest you earn. Heres what you need to know. Read full article

How to apply for a savings account

It's easy to apply for a savings account if you follow these simple steps. Start achieving your financial goals today. Read full article

How are interest rates calculated on term deposits

Term deposits can offer a convenient way to build your savings if you know what to look for. Heres how term deposit interest rates are calculated. Read full article

How to switch savings accounts

Switching savings accounts is quicker and easier than you might think. Here are three simple steps to help you make the change. Read full article

How to compare high interest savings accounts

Investing in a high interest savings account can help you reach your savings milestones faster. Heres what you should consider before you start comparing. 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
Citi Online Saver (2.85% Variable intro rate for 4 months on balances up to $500k) 2.85 Go to site
Savings Maximiser (Base rate 1.35%p.a + 1.45%p.a Standard Bonus Rate = 2.80%p.a on balances up to $100K) 2.80 Go to site
Maxi Saver (2.60% variable for first 3 months) 2.60 Go to site
Maxi Saver Account 2.60 Go to site
Hero Saver (Earn an ongoing variable rate of 2.60% p.a. for balances up to $250,000 minimum deposit of $200 excludes interest monthly with no withdrawals) 2.60 Go to site
Maxi Saver (NSW, ACT, SA & NT) 2.60 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.

Find out more

Twitter Facebook

© InfoChoice Pty Ltd ABN 93 061 105 735 AFSL and Australian Credit Licence number 349445

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.

Go to top