Many Australians have an online saver
but there are many who dona??t. They either dona??t know that they exist or have not gotten around to setting one up. An online saver, commonly known as an online savings account
, is a terrific way to save you money and because they earn high interest
, you will also get a great return on your investment. They are linked to your everyday debit account so you can set up an automatic savings plan to have your money transferred to your online saver regularly and without lifting a finger. An online saver helps you save for a goal and can also help you with a loan approval because many lenders expect evidence of a savings history. Setting up an online saver is very easy and there is no cost to open the account however some online savers may expect a minimum deposit.
The table below displays todaya??s best online saver rates.