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Important disclosure

Compare High Interest Savings Accounts

for $5,000 over 1 year
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Bank of Sydney's Everyday Saver (> $50, 000) offers a base interest rates of 0.00% where interest is paid Monthly


Standard base interest rate 0.60%

Maximum rate 0.60%

Bonus rate 0.00%

Bonus expiry period n/a

Bonus minimum deposit n/a

Bonus maximum deposit n/a

Bonus foregone by withdrawl n/a

Maximum interest per month (approx)$2.5

Total interest over term (approx)$30

Interest calculated Daily

Minimum opening deposit $1.00

Interest paid Monthly

Linked accounts required n/a

Account fee $0.00

GO TO Bank of Sydney


Joint access n/a

Online application Yes

Minimum age 18

GO TO Bank of Sydney


ATM access Yes

EFTPOS facility Yes


Internet facility Monthly

Phone facility Yes

Cheque facility Yes

Branch access Yes

Salary direct credit facility Yes

GO TO Bank of Sydney



Data accurate as of30/10/2016

GO TO Bank of Sydney

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Compare and review Australian high interest savings accounts

How to apply for an high interest savings account?

If you’d like to apply online for an high interest savings account, just scroll up and click on “GO TO SITE” to be taken to a secure online application form. Before you apply, be sure to learn about company’s savings account products, fees and eligibility criteria.

Give yourself around 20 minutes to complete the savings account application.

You will also need:

  • an Australian residential address
  • Accepted ID such as drivers licence and passport
  • For some savings accounts you will also need a linked transaction account
  • For some savings accounts you will need to deposit a minimum amount
  • Foreign tax residents will require a foreign tax number

Who can apply for an high interest savings account?

  • You must be an Australian resident with an Australian residential and mailing address
  • You must be at least 18 years or over

High interest savings account calculator

Want to calculate how much you could potentially earn with your high interest savings accounts? Just use the filter to change your deposit amounts to calculate approximate earnings. Your potential earnings are calculated and displayed in the table.

Other benefits included with high interest savings accounts

Below is a list of features and benefits offered by online. Note, the below features are not available with all accounts. Review the above product table to see which accounts offer which features:

  • Internet banking
  • Phone bank
  • ATM access
  • EFTPOS facility
  • Branch access
  • $0 account keeping fees

Want to get the most of your savings? Read our savings tips for Australians.