Countries / 🇦🇺 Australia / Savings
Best high-interest savings account rates in Australia
The "up to" figure is the bank's own advertised maximum; the base rate is what you earn with no conditions met. Read daily from each bank's website. Last checked 18 Oct 2026, 05:37 UTC.
| Bank | Max rate p.a. | Base rate | What the top rate needs | Link |
|---|
| UbankUbank Save account | up to 6.25% | – | Headline includes a 4-month intro Welcome Bonus Rate for eligible new customers who join from 9 October 2026; the ongoing Everyday Bonus Rate (5.35% p.a. from 06/10/2026) needs total savings to grow each month (by at least $1); balances over $1,000,000 earn no interest. | Go to bank |
| Rabobank AustraliaHigh Interest Savings Account | up to 6.15% | 4.15% | Higher figure is a 4-month introductory variable rate on balances up to $250,000; the standard variable rate applies afterwards. | Go to bank |
| ING AustraliaSavings Maximiser | up to 5.75% | 0.01% | Additional rate needs an Orange Everyday account and, each month, a $1,000+ external deposit, 5+ settled card purchases and growth in the Savings Maximiser balance; applies to one account up to $100,000. Closed to new applications from 1 December 2026. | Go to bank |
| Macquarie BankMacquarie Savings Account | up to 5.25% | – | Stepped ongoing variable rate: shown rate on the first $250,000, lower rates on $250,000-$2,000,000 and above $2,000,000. No minimum deposit, no monthly fees. | Go to bank |
Bonus rates usually apply only to part of your balance and only in months you meet every condition. Read the bank's terms before moving money.