Savings Accounts News

Complacent savers lose out, despite rate hikes

Complacent savers are potentially missing out on hundreds of dollars in interest, as the gap widens between some of the highest and lowest savings rates on the back of the RBA hikes.

Competition forces savings rates up as Westpac and NAB hike

In a much-needed boost for savers, big four banks, Westpac and NAB, have today hiked rates on their popular saving accounts.

Big four bank savings rate hikes start from today – has your account gone up?

The big four banks have started to raise savings rates – but only on select accounts.

ING increases savings rate to 2.60% as banks finally deliver for savers

ING has today announced it will be increasing the interest rate on its Savings Maximiser to 2.60 per cent – the new highest ongoing savings rate in the market for all adults, effective 12 July.

Where to find the highest rate savings accounts and term deposits?

There is one significant upside to the Reserve Bank of Australia hiking the cash rate: savings account and term deposit rates are on the rise. So, where can you find the highest saver rates?

RBA likely to hike by 0.50% but how much will the banks pass onto savers?

The Reserve Bank is expected to hike the cash rate by 0.50 percentage points today, but banks are unlikely to pass on this rate hike in full to every customer.

Savings rates inch north as CBA and ANZ hike select accounts

CBA and ANZ have both hiked select savings accounts today by up to 0.30 percentage points.

20 cost of living savings tips

With the cost of living reaching boiling point, here is a list of savings tips that could help you live your day-to-day life with a sense of normalcy. Don’t cut back your lifestyle, just pay less for it.

Westpac and NAB finally lift savings rates post June RBA hike

Westpac has today hiked rates on a handful of its savings accounts, following the historic double rate hike from the RBA at the beginning of this month.

What you can do about rising energy prices

With higher power prices on the horizon and the threat of power shortages dominating the news, millions of Australian households may be wondering how they can prepare for rising energy prices.