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High interest online savings accounts

High interest online savings accounts

Rates for online savings accounts differ with each financial institution. Australians looking at opening an online savings account should look out for financial institutions that offer a higher rate, obviously the higher the interest rate the more interest you will accumulate. Online savings accounts are seen as an easy way to increase your savings, hence why they are becoming popular, and rates are competitive. Features for online savings accounts include:

  • Higher interest rates than every day transaction accounts
  • Automatic savings plans to transfer your savings regularly
  • Minimal or no fees

To get the most out of your money, compare high interest online savings accounts and follow our news articles to get the latest savings tips.

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