High Interest Savings Accounts

Compare interest rates and open a high interest savings accounts online through

For savings accounts offering some of the best possible interest rates and features, choose from our database of savings and deposit accounts.  Search and find the best-paying savings account based on account balance, ranked by interest rate. CANSTAR has done your homework by rating over 500 accounts to let you find the savings account for your usage behaviour. You can see these ratings by ticking the Star Ratings option when refining your search. Our database includes accounts from almost every major Australian provider. You can see them all listed here. Look for features such as:

  • no fees
  • no minimum balances
  • phone banking
  • direct debits
  • direct credits
  • Internet accessibility from your linked or savings account

There are many competitive rates available, some of which offer more than the RBA Official Cash Rate. Many of these accounts also dont require you to switch banks, which spells a hassle free journey to reaching your savings goals. More often than not, your current institution will offer an online savings account with a higher rate. This can be a great place to start your comparison, but don't forget to compare rates from multiple providers.

You can compare popular high interest savings accounts at

To the right is a table of high interest savings accounts with rates. To compare more savings accounts visit our savings account comparison page.

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 products 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 and 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. 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 product, you will deal directly with a financial institution, and not with RateCity. Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. See our terms of use for further details. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.