High Interest Savings Accounts

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High Interest Savings Accounts

For the latest high interest savings accounts, make sure you compare online at RateCity to find a deal to match your saving style. Choose from an extensive range of high interest savings accounts that has been compiled by CANSTAR CANNEX.

When looking for high interest savings accounts, there are few things you need to remember. Firstly, make sure you compare the interest rates and find out the breakdown of the rates, whether they include promotional rates and bonus rates. A promotional rate usually doesn’t come with tight conditions like bonus rates, but are usually for new customers only and most of the time they expire after a certain period. Many high interest savings accounts promote bonus rates frequently, meaning that once a bonus rate promotion ends, another will take its place. They almost always come with conditions to qualify for the extra interest on top of the base rate including a minimum deposit amount per month as well as a limited number of withdrawals each month. What this means is if you don’t meet the minimum required amount of deposit or make too many withdrawals you won’t receive the bonus interest for that month.

Refer to the table above to see a range of high interest savings accounts on the market right now.

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We've found 32 products that match your search

Show: 10 25 All Results

Company Product Base Rate Maximum Rate Bonus Conditions Maximum Interest Earned Go To Site
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BankSA Maxi Saver 2.5% 4.05% 3 months from opening Bonus applies to new accounts only $16.88 per month Go to Site
Bank of Melbourne Maxi Saver 2.4% 4.05% 3 months from opening Bonus applies to new accounts only $16.88 per month Go to Site
St.George Bank Maxi Saver 2.25% 4.05% 3 months from opening Bonus applies to new accounts only $16.88 per month Go to Site
Bank of Melbourne Incentive Saver Account 0.01% 4% No end date Minimum one deposit per month & no withdrawals made $16.67 per month Go to Site
HSBC Serious Saver Account 0% 4% 1.35% - 4 mths from open 2.9% - No withdrawals per month $16.67 per month Go to Site
Westpac eSaver 2.5% 3.92% 3 months from opening Bonus applies to new accounts only $16.34 per month Go to Site
ANZ Online Saver 2.5% 3.9% for 4 months reverts to base rate after 4 months $16.25 per month Go to Site
ANZ Progress Saver 0.01% 3.81% No end date Minimum $10 deposit per month & no withdrawals made $15.88 per month Go to Site
Bank of Melbourne DIY Super Saver 2.5% 3.75% 4 mths New Accounts $15.63 per month Go to Site
Westpac Reward Saver 0.01% 3.71% No end date Min $50 deposited each month & no withdrawals made $15.46 per month Go to Site
Westpac Reward Saver - 12 to 21 0.01% 3.71% No end date One deposit, no wdls per month $15.46 per month Go to Site
Westpac Reward Saver - Under 12 0.01% 3.71% No end date one deposit, no wdls per month $15.46 per month Go to Site
HSBC Flexi Saver 2.5% 3.5% No end date Increase balance by $300p/m not including interest $14.59 per month Go to Site
Bank of Melbourne Sense Account Savings 2.85% 2.85% No end date N/A $11.88 per month Go to Site
BankSA Sense Account Savings 2.85% 2.85% No end date Link with SENSE Everyday acct, $1 rounding $11.88 per month Go to Site
St.George Bank Sense Account Savings 2.85% 2.85% No end date N/A $11.88 per month Go to Site
St.George Qld/Vic/WA/Tas Sense Account Savings 2.85% 2.85% No end date N/A $11.88 per month Go to Site
AMP Bank First Home Saver Account 2.5% 2.5% No end date N/A $10.42 per month Details
Suncorp Direct eOptions 2.5% 2.5% No end date N/A $10.42 per month Go to Site
Bank of Melbourne Investment Cash Account 0.75% 0.75% No end date N/A $3.13 per month Go to Site
BankSA Investment Cash Account 0.75% 0.75% No end date N/A $3.13 per month Go to Site
Bankwest Instant Saver 0.75% 0.75% No end date N/A $3.13 per month Details
St.George Bank Investment Cash Account 0.75% 0.75% No end date N/A $3.13 per month Go to Site
St.George Qld/Vic/WA/Tas Investment Cash Account 0.75% 0.75% No end date N/A $3.13 per month Go to Site
Bendigo Bank Our Community Account 0.55% 0.55% No end date N/A $2.29 per month Details

Showing 1 - 25 of 32 results

Show: 10 25 All Results

Data last updated April 25th, 2014

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Maximum rate includes base rate plus bonuses, if applicable. Interest Earned is indicative only, and based on the the maximum interest rate for this product over a one month period. Conditions may apply in both instances.

Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here.