Finding the best rates…
High Interest Savings Accounts
Target the accounts doing the heavy lifting.
100% Australian data. Always free to use.
Methodology: data is refreshed from tracked provider records and editorial comparison rules. Read how RatePilot reviews rates.
Financial Institution
Total Rate
Base
Bonus
Intro
1st Year
Total interest earned in the first 12 months, accounting for introductory rates.
Effective Rate
The effective annual rate applied to your specific balance after any introductory period ends. It accounts for blended rates if your balance exceeds specific tiered caps.
Action
ING
Savings Accelerator
No ConditionsIntro Rate
Total Rate
5.40%
Headline
Base
4.35%
Base
Bonus
-
Tiered
Intro
+1.05%
4 months
4 months
Est. 1st Year Return
+$285
Est. Return
Effective
2.50%
Effective
Rabobank
High Interest Savings Account
No ConditionsIntro Rate
Total Rate
5.35%
Headline
Base
3.70%
Base
Bonus
-
Tiered
Intro
+1.65%
4 months
4 months
Est. 1st Year Return
+$425
Est. Return
Effective
3.70%
Effective
UBank
Save Account
ConditionsIntro Rate
Total Rate
5.35%
Headline
Base
0.00%
Base
Bonus
+4.60%
Conditions
Intro
+0.75%
4 months
4 months
Est. 1st Year Return
+$485
Est. Return
Effective
4.60%
Effective
Westpac
Westpac Life (Under 35)
18-34 YRSConditions
Total Rate
5.25%
Headline
Base
0.10%
Base
Bonus
+5.15%
Conditions
Intro
-
Est. 1st Year Return
+$525
Est. Return
Effective
5.25%
Effective
Newcastle Permanent
Smart Saver Account (Under 25)
UNDER 25 YRSConditions
Total Rate
5.25%
Headline
Base
0.05%
Base
Bonus
+5.20%
Conditions
Intro
-
Est. 1st Year Return
+$525
Est. Return
Effective
5.25%
Effective
Bankwest
Bankwest Easy Saver
No ConditionsIntro Rate
Total Rate
5.20%
Headline
Base
4.25%
Base
Bonus
-
Tiered
Intro
+0.95%
4 months
4 months
Est. 1st Year Return
+$457
Est. Return
Effective
4.25%
Effective
MOVE Bank
Growth Saver
Conditions
Total Rate
5.15%
Headline
Base
0.10%
Base
Bonus
+5.05%
Conditions
Intro
-
Est. 1st Year Return
+$515
Est. Return
Effective
5.15%
Effective
Bank of Queensland
Future Saver Account
14-35 YRSConditions
Total Rate
5.10%
Headline
Base
0.05%
Base
Bonus
+5.05%
Conditions
Intro
-
Est. 1st Year Return
+$510
Est. Return
Effective
5.10%
Effective
Judo Bank
Personal Savings Account
Conditions
Total Rate
5.10%
Headline
Base
0.05%
Base
Bonus
+5.05%
Conditions
Intro
-
Est. 1st Year Return
+$510
Est. Return
Effective
5.10%
Effective
IMB Bank
Reward Saver Kick Start
13-17 YRSConditions
Total Rate
5.00%
Headline
Base
0.00%
Base
Bonus
+5.00%
Conditions
Intro
-
Est. 1st Year Return
+$500
Est. Return
Effective
5.00%
Effective
Australian Mutual Bank
Young Saver Account
UNDER 18 YRSNo Conditions
Total Rate
5.00%
Headline
Base
5.00%
Base
Bonus
-
Tiered
Intro
-
Est. 1st Year Return
+$358
Est. Return
Effective
3.58%
Effective
ING
Savings Maximiser
ConditionsReferral
Total Rate
5.00%
Headline
Base
0.01%
Base
Bonus
+4.99%
Conditions
Intro
-
Est. 1st Year Return
+$500
Est. Return
Effective
5.00%
Effective
Great Southern Bank
Youth Esaver
UNDER 18 YRSNo Conditions
Total Rate
5.00%
Headline
Base
5.00%
Base
Bonus
-
Tiered
Intro
-
Est. 1st Year Return
+$300
Est. Return
Effective
3.00%
Effective
Great Southern Bank
Youth eSaver (Under 18)
UNDER 18 YRSNo Conditions
Total Rate
5.00%
Headline
Base
5.00%
Base
Bonus
-
Tiered
Intro
-
Est. 1st Year Return
+$300
Est. Return
Effective
3.00%
Effective
High Interest Savings Accounts - March 2026
High-rate savings pages only work if they stay disciplined. A page that includes everything from market leaders to mid-pack products stops being useful the moment a shopper wants a shortlist. This landing page solves that by filtering the live savings dataset down to accounts that are currently priced at 5.00% p.a. or better, which gives you a cleaner starting point when you care most about maximising interest.
That does not mean the highest number always wins. Some banks use short-term bonus rates, balance caps, or monthly hoops to advertise a strong headline rate. Use this page to identify the serious contenders, then compare whether the conditions are realistic for the way you save. If the top rate depends on deposit behaviour you will not actually maintain, the best account for you may be the one with the stronger ongoing return instead.
As of March 2026, this filtered savings slice contains 14 tracked accounts. The current top rate in this group is 5.40% p.a., which is why the page is useful as both a user shortcut and a focused long-tail search entry point.
Method note: Landing pages use the same live dataset as the main savings comparison page. The difference is the server-side filter, not a hand-curated list.
Explore more savings categories
Jump to a different savings comparison without losing your place.
Common Questions
High Interest Savings Accounts FAQs
What counts as a high interest savings account?
For this page, we treat a high interest savings account as one with a current headline rate of at least 5.00% p.a. That threshold is strict enough to focus on the top end of the market without mixing in average-rate accounts.
Should I compare the headline rate or the base rate first?
Start with the headline rate to find the strongest offers, then check the base rate and conditions summary. Some accounts look great upfront but rely on monthly deposit or no-withdrawal requirements to deliver the full return.
Why do high interest savings rates change so often?
Savings pricing moves whenever banks adjust promotional campaigns, bonus criteria, or competitive positioning. That is why RatePilot tracks the market daily and keeps this page focused on currently available offers rather than stale marketing claims.