High interest savings accounts in 2026
Rates that could give you high fives all day long
Compare other products
How we picked these
How to compare high interest savings accounts
There's more to consider than just the high interest rate. Think about the following when you compare accounts:
- Is the interest rate competitive?
- Can I meet the monthly deposit requirement every month without putting myself into financial stress? If you can't, consider an account with a smaller monthly deposit condition.
- Is it important to me that I keep my existing everyday bank account? If yes, consider a savings account with that same bank.
- Is the high rate for an introductory period only (e.g. for the first 4-5 months)? If it is, will I be happy to change accounts again after this?
- Am I able to make withdrawals from the account if I need to without losing my interest that month?
Our expert says
"I've had 4 different HISA accounts and my view is there are only a few worth having depending on your personal situation. If you are interested in maximising your interest on a balance below $100K, I prefer Ubank as it gives you a high ongoing rate with only one hoop to jump through (the monthly deposit requirement). ING used to hold the crown, but they made it tough to get their bonus rate as you had to deposit more and make 5 transactions on the linked card. CBA's Goalsaver is less competitive but great for those who might be saving larger balances (like for a deposit) as they will pay a decent rate on almost any balance as long as you make a deposit and grow the balance."
Looking for more interest-earning options? Check out these accounts
Term deposits provide an alternative option to savings accounts where you can lock in your money for longer and potentially earn more interest. Here are a few term deposits which offer an interest rate above 4%p.a.:
Compare other products
How we picked these
More resources on Finder
More guides on Finder
-
Rabobank vs ING savings accounts
Compare ING and Rabobank savings accounts. See interest rates, features, fees and which bank suits you best.
-
Savings account interest rate cuts
Here's an up-to-date list of all savings account interest rate cuts so far, plus how it will affect your savings balance.
-
BCU Bank Bonus Saver account
Earn 5.6% p.a. for the first 4 months with no deposit conditions to meet, then an ongoing rate on your entire balance.
-
Global savings statistics
Australian households will save 4.8% of their disposable household income in 2025, equivalent to $2,716 per year.
-
Bank of Queensland Simple Saver Account
Check out out review of the Bank of Queensland Simple Saver Account.
-
Disposable income in Australia
Finder analysed earnings and living expenses to find out where Aussies have the most disposable income and where is the best place to retire.
-
Virgin Money Grow Saver account
Earn 5.50% p.a. on your savings each month you make at least one deposit and make no more than one withdrawal.
-
Savings account statistics 2024
The average Australian has $37,975 in savings and saves $705 each month. Learn about this and more with our savings account statistics.
-
How to build an emergency savings fund
Four steps to creating an emergency savings fund and how much money you should aim to keep in it.
-
Rabobank SMSF PremiumSaver
Rabobank PremiumSaver account is an option worth considering for savers looking to boost their savings balance, offering no ongoing fees, a competitive variable rate and 24/7 online access to your funds.