Using online savings accounts to make more

25 June 2008

Online savings accounts can often provide you with more cost effective services and a higher interest rate than bank savings accounts with a transaction focus. Most online accounts cannot be accessed too often if you wish to make the most from interest, but a few savings accounts will not penalise you at all for withdrawing and depositing funds. Generally, such generous savings accounts will not feature the highest interest rates. However, if you are unable to use multiple savings accounts due to time restrictions or for any other reason, then these kinds of online savings accounts can be an excellent way to make the most from your savings without any extra complications.

Please visit our comparison page where you can apply online for a range of good value savings accounts.


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Best High Interest Savings Accounts

BankWest TeleNet Saver

Australia's highest variable online rate of 8.50% p.a.

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St George directsaver

Earn a huge 8.10%p.a* on your full balance if you link it to an eligible St George account

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RaboPlus Savings Account

Help yourself to a High Interest Savings Account.

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HSBC Serious Saver

Reach your savings goals sooner with a high interest rate.

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