Sep 12 2017

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HIGH INTEREST SAVINGS ACCOUNTS Compare and save with high interest rates

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High Interest Savings Accounts

For the latest high interest savings accounts, make sure you compare online at RateCity to find a deal to match your saving style. Choose from an extensive range of high interest savings accounts.

When looking for high interest savings accounts, there are few things you need to remember. Firstly, make sure you compare the interest rates and find out the breakdown of the rates, whether they include promotional rates and bonus rates. A promotional rate usually doesn’t come with tight conditions like bonus rates, but are usually for new customers only and most of the time they expire after a certain period. Many high interest savings accounts promote bonus rates frequently, meaning that once a bonus rate promotion ends, another will take its place. They almost always come with conditions to qualify for the extra interest on top of the base rate including a minimum deposit amount per month as well as a limited number of withdrawals each month. What this means is if you don’t meet the minimum required amount of deposit or make too many withdrawals you won’t receive the bonus interest for that month.

Refer to the table above to see a range of high interest savings accounts on the market right now.

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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about products from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers and may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a product, you will deal directly with a financial institution, and not with RateCity. Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. See our terms of use for further details. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.

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