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.

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

3.00%*

Westpac

0.20%

$12.5

$288

2
1 position up today

1.50%*

MyState Bank

0.15%

$6.3

$143.3

3
1 position up today

1.31%*

UBank

0.25%

$5.5

$125

4
2 position down today

1.20%*

86 400

0.10%

$5

$114.5

5
1 position up today

1.35%*

ING

0.05%

$5.6

$128.9

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

1.55%*

Teachers Mutual Bank

0.10%

$6.5

$148.1

4
1 position up today

1.55%*

UniBank

0.10%

$6.5

$148.1

5
1 position up today

1.40%

Greater Bank

1.40%

$5.8

$133.7

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.

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

3.00%*

Westpac

0.20%

$12.5

$288

2
1 position up today

1.35%

Intro 4 months then 1.20%

Macquarie Bank

1.20%

$5.6

$128.9

3
1 position up today

1.00%

MOVE Bank

1.00%

$4.2

$95.3

4
2 position up today

1.00%

Volt Bank

1.00%

$4.2

$95.3

5
2 position up today

0.80%

Coastline Credit Union

0.80%

$3.3

$76.2

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