Our high interest savings account for customers 36 years or older. Choose how and when you receive interest payments – reinvest or transfer to another bank account. By selecting the OPEN NOW button, you can open a Choice account at the same time as the Westpac Life account or just the Life savings account. You’ll need an everyday account to open a https://casinorangers.com/ Westpac Savings account. That means you could open a Westpac Choice account if you don’t have one already.
The PayTo limit is the maximum value of a single agreement. Your savings account works seamlessly with the Macquarie Authenticator app, designed to keep your savings secure. Before choosing a term deposit, you may want to estimate the interest it will earn over the course of its term. Explore our personal banking contact information and get support with a wide range of products, services and topics.
In Australia, financial institutions such as banks, credit unions and other deposit-taking institutions (DPIs) generally offer a transaction account or savings account, or a combination of the two. The table below shows savings accounts with a conditional bonus rate on Canstar’s database, with rates based on a deposit of $10,000. The welcome rate offer shown on our website changes from time to time. Customers may receive different welcome rates depending on when they apply for their account. Once you’ve opened your first savings account, your welcome rate can be found by logging into Macquarie Online Banking or the Macquarie Mobile Banking app.
Savings account interest rates
We’re receiving a high volume of online applications at the moment, so it might take us a little longer than usual to get your account ready for you. Please be assured we’ll process your request as quickly as possible. Looking for a savings account with high interest, keen to save smarter, open your child’s first savings account, or simply put some money aside for the future?
Bonus interest for total combined savings balances between $0 – $1 million, instead of the previous limit of $250K. Additionally, we have simplified our bonus interest rate offer; all interest rate tiers up to $1 million will now have a single bonus interest rate. No overseas transaction or ATM fees will apply, but some ATM operators and merchants may charge a separate fee. Whether there is a limit and the exact amount will vary depending on the savings account, but the majority of providers generally don’t have a maximum limit.
Savings Account FAQs
- Refer to ANZ Saving & Transaction Products Terms and Conditions for further details about transactions processed outside of this period.
- Different interest rates apply to different investment amounts, terms and interest frequencies.
- You may also need to provide notice if you wish to withdraw your funds prior to the maturity date for some types of term deposits.
- Track your month-to-month Cash flow with the in-app budget tools.
- Interest is credited to your Account monthly at the end of a calendar month and on the day that the Account is closed.
If your term length is greater than 28 days, two weeks before maturity you’ll receive a letter via your nominated communication channel notifying you that your term deposit is due to mature. Here are some options to explore when your term deposit reaches maturity. From 15 July 2025, we’ve increased the amount of savings you can earn interest on; you’ll be able to earn up to 5.00% p.a.
Special Offer
Orange Everyday Benefits may be changed or withdrawn at any time at ING’s sole discretion. For full terms and conditions, see the Orange Everyday Terms and Conditions, the Everyday Banking Fees & Limits Schedule, Orange Everyday Benefits Schedule and the agreed utility supplier list at ing.com.au. If you’re using a currency that you don’t hold in your account, or if you don’t have enough money in that currency, then money will be taken from your Australian dollar balance instead. If you already bank with us, you can apply via HSBC Online Banking. We’ve made payments and spending seamless with exclusive rewards and account features. If you’re worried you can’t pay what you owe, won’t be able to manage your upcoming repayments, or you’re having difficulty meeting your repayments, please get in touch – we’re here to help.
An ANZ Advance Notice Term Deposit has a 31 day notice period. Refer to the ANZ Saving and Transaction Products Terms and Conditions (PDF 746kB) for further details. Advice does not take into account your personal needs, financial circumstances or objectives. Please consider if it is appropriate for you and read the terms and conditions, Product Disclosure Statement and Financial Services Guide before acquiring any product.
Term deposits allow you to enjoy a known rate of return for a fixed period of time, usually from one month to five years. If you’re looking for a way to grow your savings over a set period, a term deposit could be just the answer. Any advice has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, you should consider whether it is appropriate for your circumstances and view the NAB Term Deposit Terms and Conditions.
Any advice on this website does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. Please consider the relevant Disclosure Documentation and Target Market Determinations before acquiring any product. Please review our Financial Services Guide (FSG) before accessing information on this website. Loan applications are subject to MyState’s credit approval criteria.
