Saving Savings accounts Highest savings rate today

Highest savings rate today

6.00% 0.05% base + 5.95% bonus

Smart Saver Account (under 25) from Newcastle Permanent and Bonus Saver Account from RACQ Bank

Ranked as LookFirst's savings list is, highest rate first: the first of its 654 savings accounts.

Rates compared 24 Oct.

Highest rate first

LookFirst does not include every provider or product in the market. Important information ›

Newcastle PermanentNewcastle Permanent

Smart Saver Account (under 25)

Newcastle Permanent

Bonus conditions not published - check with the provider.

6.00%0.05% base + 5.95% bonus
$600†Estimated first-year interest on $10,000
RACQ BankRACQ Bank

Bonus when you deposit $100 or more and make no withdrawals each month.

6.00%0.01% base + 5.99% bonus
$600†Estimated first-year interest on $10,000
ING

Bonus when you deposit $1,000 or more, grow your balance and make 5 or more card purchases each month. Also: “For customers who also have an Orange Everyday bank account and do this each month”

5.75%0.01% base + 5.74% bonus
$575†Estimated first-year interest on $10,000
Bank FirstBank First

Strong Start Saver

Bank First
5.65%interest rate
$565†Estimated first-year interest on $10,000
ING

Bonus when you grow your balance by $100 or more each month.

Intro offer for 1 month

5.65%2.50% base + 3.15% bonus
$565†Estimated first-year interest on $10,000

See all 654 savings accounts →

† Estimated first-year interest is calculated by LookFirst, not the provider. It's twelve months of interest on a $10,000 balance, with no deposits, withdrawals or compounding, at the provider's published variable rate plus its published bonus rate for that balance, as if any conditions on those rates are met every month. Where a rate is paid in tiers, each part of the balance earns its own tier's rate. It excludes introductory rates, package bonuses, fees, tax and eligibility conditions. It's an estimate, not a quote.

Offers are shown as the provider published them under the Consumer Data Right on the date shown. Conditions may apply; they are listed on the product page. Check the offer with the provider before applying.