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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.

Deposit Guarantee

The deposit guarantee was setup by the Australian Government with the aim of ensuring financial stability for the Australian economy during the global financial crisis. The aim of the guarantee is to increase the confidence of individuals investing deposit balances of up to $1 million per institution into online savings accounts or a term deposit for instance, by protecting their investment. This means that if the financial institution covered by the guarantee runs into trouble, investors will be able to recover their money from the government.

To get more out of your savings choose an online savings account that earns a high interest rate from the table below.
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.