High Interest Savings Account

Choosing a high interest rate savings account is one of the hardest choices you can make, as unlike credit cards or superannuation; savings accounts are generally for the short to medium term. Although small differences in interest rates don't appear like much; with large amounts of money a small interest rate change can have a huge affect on the yield of the account. With many people keeping large amounts of money in online savings accounts instead of their traditional savings accounts, you can secure a higher interest rate.

In Australia, having the best savings account in advance will allow you to gain the highest amount of returns. There are many savings accounts available for both adults and children, as well as pensioners and retirees. Whilst these are not superannuation savings accounts, many people refer to them as savings maximiser accounts. These accounts are available to residents in Perth, Sydney, Melbourne, Brisbane and Adelaide, as well as regional areas - as long as you have the internet you can access and transfer money to and from your high interest savings account. We have chosen the following high interest accounts for you to consider:

Account		Interest Rate	Min Deposit	Fees	Details	Apply
	HSBC Online Savings Account	5.40%	$1+	$0	Details	Apply
	HSBC Serious Saver	7.5%	$1+	$0	Details	Apply
	Raboplus High Interest Savings Account	7.8%	$1+	$0	Details	Apply
	Raboplus Term Deposit	8.25%	$1000+	$0	Details	Apply