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If you're saving for a holiday, new car, house deposit or any worthwhile purpose a high interest rate online account can help you achieve your goals faster. There are many high interest savings accounts available today, some come with strings attached. Tricks to watch out for include short term introductory rates that revert to lower rates, and restrictions on monthly deposits and withdrawals. Other banks require you to maintain a balance in another account with the same bank, earning no or next to no interest - with fees attached.  
 
 
Product Interest Rate p.a. Ongoing variable rate p.a.    
BankWest TeleNet Saver 8.25 7.25*  More Info Apply now
RaboPlus Savings Account 8.00 7.80  More info Apply now
NAB iSaver 7.05 7.05  More Info Apply now
dragondirect directsaver Account  7.00*  7.00*   More Info Apply now
HSBC Serious Saver   7.50*  7.50*   More Info Apply now
HSBC Everyday Banking   5.40*  5.40*   More Info Apply now
Commonwealth NetBank Saver  7.00  7.00   Apply now
ING Direct Savings Maximiser 7.90 6.90   Apply now
Suncorp Everyday Options Sub Account 7.15 7.15   Apply now
Westpac eSaver 7.05* 7.05*   Apply now
 Information accurate as at 1 st June 2008.
*The following terms and conditions apply to the rates above
  • BankWest: BankWest offer an introductory rate of 8.25%p.a. that will be paid until 1 January 2009. After introductory period, the rate falls to 7.25% ongoing.
  • NAB: Must be linked to a nab everyday bank account which may incur a monthly fee.
  • dragondirect: directsaver Rate is variable and applies from 1st April 2008 for new personal directsaver and DIY Super directsaver accounts opened with new funds from 1st April 2008. Terms and Conditions Apply  apply and are available on request.
  • HSBC Serious Saver: Interest every month you don't withdraw
  • HSBC Everyday Banking: *Deposits up to $4,999 attract an interest rate of 0.50%p.a.
  • Westpac: Westpac offers a bonus rate on balances over $100,000 only. Conditional on no withdrawals and at least one deposit per month. Account must be linked to a Westpac transaction account which may incur a monthly fee.
  • Suncorp: Must be linked to a Suncorp Everyday Options account which may incur monthly fee.
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Please note: Ausco Trading Pty Ltd takes no responsibility for the accuracy of this information. CreditCardsAustralia.com.au makes all reasonable efforts to maintain accurate information. However all credit information should be used as a guide only. We urge users to check the terms and conditions on the specific credit applications when applying. You should check all costs related to any credit application with your financial adviser before making purchase decisions.