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Thread: The highest interest for a savings account in Australia

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    Gav
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    The highest interest for a savings account in Australia

    To help you find the best interest rates for your cash savings, there's now 2 pages to make it quicker and easier:

    Compare the best interest rates for term deposits in Australia:
    Compare the best term deposit interest rates | Money | Saver Scene Australia

    Compare interest rates for instant access cash savings:
    Compare the best interest rates for instant access cash savings | Money | Saver Scene Australia

    Compare the best rates for regular saver accounts:
    Regular Savings - high interest savings accounts | Money | Saver Scene Australia



    I thought I'd start a thread that's devoted to what the best interest rate of the week is, this can range from instant access up to 5 year fixed term, fixed rate deposit, it's just the top interest rate that you can get and will be updated every Thursday in the links above.
    Last edited by Gav; 17-01-2014 at 08:54 AM. Reason: updated links


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    Gav
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    8th of August update, you can now get 5% for just a 4 year term:

    Bank of Queensland BOQ 4 year fixed rate term deposit top interest rate.

    Or still go with the 5 year for 5%. Who knows what interest rates will do in the next 4 to 5 years. At present almost all of them seem to be dropping by about .1% every month. Start of the year it wasn't unheard of to get get 5.75% instant access!

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    Gav
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    Gav
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    Top interest rates are now updated, sadly we've seen a fall this week.

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    Gav
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    The highest interest rates for savings accounts in Australia have just been updated.

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    Gav
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    The interest rates for the term deposits, instant access and regular savings accounts have just been updated.

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    Member Ellarich's Avatar
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    One should make a proper plan of investment and should make a habit of following that plan strictly. Spending the money according to that plan can be best way of saving account.

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    Senior Member DealDude's Avatar
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    I have a problem of saving for a bit and then seeing something I like and buying it cutting my savings down meaning less for the compound interest I've got my eye on an Xbox One at the moment. I've got the money in savings for it still I have problems parting with $598 for the Xbox One. I will continue to save until after Christmas and it might go down and then I'll have that extra few months of interest!! Deal!!

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    Gav
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    All the interest rates have been updated to easy compare on the charts. Not a great difference this week.

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    Hello Everyone.
    I am newly register this forum & I hope i will stay here ling time. Well, I'm looking for a high interest savings account.
    Does anyone have an opinion on what the best account and are this a best options for future investment?
    MrMoneyExpert likes this.
    Be Happy

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