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Our high savings rate of 7.30% pa on call is available to everyone. That includes personal customers, trusts, businesses and self managed super funds (SMSFs). So if you're looking for an online savings account with a market leading rate, no fees and no minimum balance requirements - apply online today.

Compare our high interest online at call savings rate using the table below. Note: other banks may have different rates for businesses. Click here to compare rates for business accounts.

Personal savings product

Credit rating S&P#

Security deviceStandard variable rate (%)^ FeesMinimum balance
RaboPlus Savings AccountAAAYes7.30 Nil$0 
AMP eASYSAVERANo6.80* Nil$0
BankWest TeleNet SaverAA-No7.10* Nil$0
Bank of Queensland WebSavings Account  BBB+ Conditional** 7.15*  Nil $2,000 
Citibank Plus Link SavingsAA+ No 7.00*  Nil* $0 
Commonwealth NetBank Saver AA Yes7.00  Nil*$0
dragondirect directsaver Account A+ No 7.00*  Nil$0 
HSBC Serious Saver AccountAA Yes 7.50*  Nil $0 
ING Direct Savings MaximiserAANo7.00* Nil$0 
nab iSaverAANo6.80 Nil*$0
Suncorp Everyday Options Sub AccountA+ No 7.15 Nil*$0 
Westpac eSaverAANo7.05* Nil$0 

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Information accurate as at 8 September 2008. Source: CANNEX    

#
Standard & Poor's. Ratings issued by Standard & Poor's (Australia) Pty Ltd are solely statements of opinion and not statements of fact or recommendations to make any investment decisions. For the latest ratings information please visit www.standardandpoors.com. Rabobank Australia Limited has a AAA rating from Standards & Poor's (Australia) Pty Ltd.
^Rates shown are the underlying rates, disregarding any short term introductory rates or bonuses
* The following terms and conditions apply to the rates above:

  • AMP: Special rate offer of 8.00% pa, effective 5/9/08, applies to new personal eASYSaver accounts opened and existing customers increasing the balance of their existing eASYSaver account by more than $10,000. Special rate payable until 31/12/08 on full account balance up to $10 million per customer.

  • BankWest: Promotional rate of 8.10% pa applies to new funds deposited from 1/05/08 until 1/01/09 (maximum investment limit $5,000,000). The promotional rate does not apply to account balances held prior to 1/05/08. A special intro rate of 7.60% pa applies for 12 months from the date the account opens, to the balance that is not subject to the variable promo rate (maximum investment limit $5,000,000). Special intro rate does not apply if you have ever previously opened a TeleNet Saver account. The standard rate of 7.10% pa applies to the part of the account balance not subject to the intro or promo rates.

  • Bank of Queensland: Minimum balance of $2,000 needed to take advantage of the top interest rate (7.15%).

  • Citibank: A minimum balance of $5,000 must be kept in the Citibank Plus Transaction Account which may incur a monthly fee.

  • Commonwealth: Must be linked to a Streamline Account which may incur a monthly fee.

  • dragondirect: Introductory variable rate applies from 1/7/08 til 30/11/08 for new personal directsaver accounts opened with new funds between 1/7/08 and 30/9/08. Excludes existing customers who held a directsaver account from 1 June 2008 onwards. 8.10% pa applies to directsaver accounts that are linked to eligible St George accounts. 8.00% pa applies to directsaver accounts that are linked to eligible at call accounts from financial institutions in Australia other than St George Bank.

  • HSBC: Interest will not be payable in any month where you have made a withdrawal. Interest is payable on amounts up to $1,000,000.

  • ING Direct: Promotional rate of 8.00% pa applies to new funds deposited from 23/6/08 until 31/10/08. The promotional rate does not apply to account balances held prior to 24/4/08. From 1/11/08 the standard rate will apply.

  • nab: Must be linked to a nab everyday bank account which may incur a monthly fee.

  • Suncorp: Must be linked to a Suncorp Everyday Options account which may incur monthly fee.

  • Westpac: Account must be linked to a Wespac transaction account which may incur a monthly fee.

** The Bank of Queensland Security Token is only provided if a Daily limits package with a Pay Anyone limit greater than $10,000 is set up.