Compare, Apply Online, Save More Interest
High Interest accounts are designed to help you meet your savings goals. Typically these accounts have slightly higher rates than normal, everyday savings accounts. The majority of these accounts reward you for not making a withdrawal within a period of time - an extremely useful feature if you're trying to save for your next holiday, a big ticket item, or your child's education.
Most providers have special interest only savings accounts. Interest is usually paid on a daily basis (which makes a big difference to your balance over the long term), and often there is no minimum balance, making it easy to get an account up and running.
Top 5 High Interest Savings Accounts Comparison| Introductory Interest Rate | Standard Interest Rate | Intro Period (up to) | Interest Paid | Fees | Minimum Balance | Apply Online | |
|---|---|---|---|---|---|---|---|
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6.45% p.a. | 5.25% p.a. | 6 Months | Monthly | Free | n/a |   |
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6.15% p.a. | 4.60% p.a. | 4 Months | Monthly | Free | n/a | |
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6.25% p.a. | 4.90% p.a. | N/A | Monthly | Free | n/a |
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6.00% p.a. | 4.25% p.a. | 4 months | Monthly | Free | $1 | |
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6.00% p.a. | 4.50% p.a. | 30th September 2010 | Monthly | Free | n/a | |