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Best Bank Accounts Australia

In this article, we compare 5 of the best bank accounts in Australia with very high-interest savings account rates!

These high-interest savings accounts can help you reach your financial goals faster. I hope you enjoy this list of Australia’s top 5 savings accounts!

Banks

Interest Rates p.a.

Easy to attain

ubank

up to 5.10%

ING

up to 5.50%

Up Bank

up to 4.35% p.a.

Macquarie

5.35% p.a. Fixed welcome rate

then 4.75% p.a.

Westpac Life

up to 5.00% p.a.

Ubank

Interest rate: up to 5.10% p.a. interest rate

Plus score $30 when you sign up using my code, QUEENIE30, and make 5 purchases using your debit card or phone.

ING

Interest rate: up to 5.50% p.a. interest rate:

Up Bank

Interest rate: up to 4.35% p.a. interest rate. Get $7 using my code queeniet when you sign up:

Macquarie

Interest rate: 5.35% p.a. Fixed welcome rate for 4 months on balances up to $250k~ then 4.75% p.a.

Westpac Life

Earn up to 5.00% p.a. variable interest, including a 2.00% p.a. standard variable base rate on your account balance plus a 3.00% p.a. variable bonus rate each month you grow your balance. For bonus interest eligibility, the balance on the last business day of the month must be higher than the last business day of the prior month (excluding interest paid).

How can i open account in bank?

Can i open a bank account online?

Which bank has the best interest rate?

How to calculate bank interest?

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Hey, I’m Queenie.

I’m a licensed personal finance content creator. My mission is to help your money go further and I do this by creating educational videos to help inspire you to create a better financial future for yourself and your community.

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