Savings Accounts Leaderboard

Looking for the best-rated savings account offers on the market? Compare Australia's savings accounts to find some of the best on the market.

Best savings account for regular savers

The top-rated savings accounts suitable for the everyday saver. Assumes a $10,000 starting balance and monthly deposits of $600. Excludes kids' and pensioners' accounts.

Best kids savings account

The top-rated savings accounts for the little savers. Assumes monthly deposits of $50 from age five to 17 inclusive.

Ranking
Product
Maximum rate
Company
Base rate
Maximum monthly interest
Total interest earned
1
1 position up today

1.00%

CUA

1.00%

$4.2

$95.3

2
1 position up today

1.80%*

Police Bank

0.50%

$7.5

$172.1

3
1 position up today

0.30%*

First Option Bank Ltd

0.15%

$1.3

$28.5

4
2 position down today

1.60%

Greater Bank

1.60%

$6.7

$152.9

5
2 position down today

1.80%

Newcastle Permanent

1.80%

$7.5

$172.1

Best standard savings account

The top-rated savings accounts suitable for savers who want complete freedom while still earning interest. Assumes a balance of $10,000 at any given time. Excludes kids' and pensioners' accounts, as well as accounts that offer bonus interest if certain terms and conditions are met each month.

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