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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 provider sand may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. See the rating methodology 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.

High Interest Accounts

High interest accounts such as online savings accounts are a great way to save your money while having the option to access it when you need it. High interest accounts also include term deposits where your money is locked away for a period of time, where online savings accounts allow you to transfer your money between your everyday debit account and your savings accounts over the internet. The downside to online savings accounts is that they have a variable interest rate which means the financial institution can change the rate at any time, whereas the advantage of term deposits accounts is that the rate is fixed for the life of the term. This can also be a downside for term deposits as if interest rates rise then you will benefit with a higher return from your online savings accounts but a term deposit will remain at that rate.

The table below displays today's best high interest 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.