Need somewhere to store cash and earn interest? The table below features savings accounts with some of the highest interest rates on the market.Īll products with a link to a product provider’s website have a commercial marketing relationship between us and these providers. This page will detail the latest rate change announcements for savings accounts and term deposits following the RBA's 25 basis point rate hike - be sure to check back here regularly. ANZ will increase ANZ Plus Save accounts to 3.25% p.a.MyState Bank will increase its Bonus Saver account to 3.60% p.a.Macquarie Bank will increase its four-month introductory savings account rate to 4.00% p.a.Westpac will increase Spend&Save accounts for under-30s to 3.75% p.a.ubank will increase Save and USave accounts to 3.60% p.a.
Bank of Queensland (BOQ) will increase Future Saver accounts to 4.10% p.a.For September's 2022 movements, see this page.For the most up to date movements from November 2022, see this page.Many of the banks passed on savings account and term deposit rate increases last month following the RBA's September decision, with savers left to expect a similar outcome this month.
