Australian Savings Interest Rates

Provider Rate Type
Apr 2023
Citibank Australia Savings Account

Rate indicated is based on the Citibank Online Saver product. This product has a variable introductory rate for the first 4 months, while the account balance remains below $500,000.

Jun 2019
St George Bank Maxi Saver Savings Account

Rate indicated is for a new customer and is based on the 'Maxi Saver' product.  

Jun 2018
Bank of Melbourne Maxi Saver

The rate of this BOM product applies to deposits up to AU$5,000,000 and may include extra bonus of 1.65% p.a. in addition to the regular variable rate.

Nov 2018
HSBC Australia Series Saver Savings Account

The following rates apply to the HSBC 'Serious Saver' Product and you will get the following interest rate for every month you do not withdraw. However interest will not be payable for any month where you have made a withdrawal. 

Note: can be used in combination with HSBC online savings account which has Interest is calculated daily and paid monthly.

Sep 2019
NAB iSaver

iSaver is a personal online savings account with no monthly account or transaction fees.  For new accounts, total Introductory rate = Standard variable rate and fixed bonus margin

Aug 2019
CBA Youthsaver Savings Account

The Rate is applicable to the 'YouthSaver' accout product that requires you to be under the age of 18. The rate includes standard interest (0.01%) and a bonus interest component.  You can receive the bonus Interest if you make just one deposit and no withdrawals for the month.

It has no monthly account fees. You can open an account for your nephew, niece, child or grandchild.

Aug 2019
Westpac ESaver Online Savings Account

The rate is applicable to the the Esaver online savings account provided by Westpac. This account has no monthly service charges or balance requirements. It is an instant access account available through online, mobile and telephone banking. The account may also provide an introductory fixed bonus rate if you are a new customer. 

Aug 2019
Indigenous Traditional Credit Union Christmas Club

For amounts $1000 and over payable 30th of  November

Aug 2019
Government Guarantee of Australian Savings Accounts

In Australia, similar to deposits, savings accounts are a savings offering products by banks and credit unions and eligible authorised deposit taking institutions (ADIs) have their savings accounts covered by the Financial Claims Scheme (FCS) which is administered by APRA that provides a guarantee of deposits and savings accounts up to a limit per customer per bank. Please note that The Scheme does NOT apply to branches of foreign banks in Australia and foreign branches of Australian ADIs. Please visit to find out more information.