Top Savings Accounts in Australia: Monthly Rankings & Comparisons
Updated July 2024
Optimal viewing
If you are accessing this page via a mobile device, the following table is best viewed in landscape mode.
Bank | Account | Maximum interest rate and balance | Basic monthly conditions |
HomeME with linked transaction (SpendME) account |
5.55% p.a.
($100,000)
|
> Deposit a minimum $2,000 > Increase your account balance (excluding interest earned) > Make at least 4 transactions with your linked SpendME account |
|
uBank Save account (with linked Spend account) |
5.50% ($100,000) |
> Deposit a minimum $500 |
|
Move Growth Saver |
5.50% p.a.
($25,000)
|
> Deposit a minimum $200 > No withdrawals |
|
ING savings maximiser with linked ING bank account |
5.50% p.a.
($100,000)
|
> Deposit a minimum $1,000 > Increase your account balance (excluding interest earned) > Make at least 5 transactions with your linked ING bank account |
|
AMP Saver Account |
5.40% p.a.
($250,000)
|
> Deposit a minimum $1,000 per month |
Note: Maximum interest rate only applies to balances up to the maximum indicated. Unless stated otherwise, all listed products pay interest monthly subject to satisfying the monthly conditions. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate. Guideway Financial Services Pty Ltd Australian Financial Services Licence #420367 ABN 46 156 498 538. Before making any decisions, you should consider the Financial Services Guide available from https://MoneyEd.com.au/FSG, as well as the Product Disclosure Statement & Target Market Determination (links to these documents can be found on this webpage). We don't compare all products in the market. As part of our research, we do not consider products that offer introductory interest rates or 'short-term' special offers. We also do not consider young adult or youth saver accounts (accounts that require you to be under a certain age to access).