Australian High Interest Savings Accounts

1. ING Direct Savings Maximiser



Bottom Line: ING Direct are the world's leading provider of personal savings accounts. The ING DIRECT Savings Maximiser has no bank fees, no hidden catches and no minimum balances. In short, nothing to stop you earning a high variable interest rate on every dollar you deposit.

ING Direct savings accounts give you:

• High Interest of 4.75%
  
• No Bank Fees, Ever
• No Minimum Balance
• Interested calculated daily
  

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Website
www.ingdirect.com.au


2. St.George Direct Saver




Bottom Line: This big four bank is leading the way with a high interest savings account which has no fees and no minimum balance.

Apply online and receive:

• variable interest rate of 4.75% p.a
• No minimum balance
• Unlimited fee-free phone and Internet banking

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Website
www.st.george.com.au


3. Suncorp's eOptions



Bottom Line: Suncorp brings you an online saving account with no catches and a great online saving rate. There are no account keeping fees just great rates.

Suncorp eOptions give:

• 12 month lead rate of 5.05%
  
• NO minimum balance or deposit amount

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Website
www.suncorp.com.au


4. Members Equity Bank




Bottom Line: Members Equity Bank are one of Australia's leading providers of personal finance. With no hidden fees or charges Members Equity brings you piece of mind, a great savings account the highest savings rates in Australia.

You receive:

• Members Equity Saving Account - 4.00% p.a.
• No Promo Rates
  
• No Bank Fees
  
• Earn on every, every day

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Website
www.membersequity.com.au

Saving Money without the Top 4 Banks

Recently it has come to my attention that all though many customers are loyal to their banks, banks are not being so loyal to their customers. Many Australian's are loosing interest and money on their savings just by being too loyal.

Many of the big four banks are offering some of the lowest interest rates on their savings accounts products and services.

If you are looking for a high interest savings account then you're are best opt for a bank that specifically works in that area and not so much everyday banking.

Some of these savings account providers include BankWest, RaboPlus, Suncorp and Members Equity.