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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Savings Accounts from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers, for further details refer to our FSCG. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Savings Account, you will deal directly with a financial institution, and not with RateCity.

Branchless Banking

There are several financial institutions that provide branchless banking. If your financial institution allows for branchless banking, it can mean two things:

  • You can do your banking without needing to go into a branch (over the phone or online)
  • Or the financial institution does not have any branches so you have no choice but to do your banking over the phone or online.

Financial institutions that do not have any branches save potentially millions of dollars each year in running costs, maintenance and staff and can compete harder for customers without these overheads. Branchless banking is the future of banking as more people avoid the queues and find more convenience online.

The table below displays some of today's best rates for online savings accounts.

See all Savings Account Articles
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About Savings Accounts Articles

RateCity provides savings account news and features, including a range of weekly stories and economic updates. By checking our savings account news and features daily, you can ensure that you receive up to date, expert commentary on current financial and economic issues. Before you search, compare or apply for the best savings account for you, help yourself understand the market by reading mortgage news and features at RateCity.