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Fee Free Savings Account Comparison
Posted May 27th, 2011and last modified June 29th, 2011
Free Free Transaction Account Comparison
The following table compares a handful of Australian transaction accounts which offer fee free banking on at least 3 different ATM’s or more.
While most have catches, you can save a significan’t amount of cash through fee free banking as opposed to normally paying a ~2% fee for every foreign ATM transaction.
Top High Interest Savings Accounts
All of these accounts are FREE to open and require no minimum deposit. They all have easy internet banking access with no transaction fees.
| Savings Account | Account Details | Maximum Variable Rate p.a. | Standard Variable Rate p.a. | Bonus Interest p.a. | Fees | Min Balance/Min Deposit | |
|---|---|---|---|---|---|---|---|
 Bankwest TeleNet Saver | Earn a high rate for 6 months on your savings. | 5.65% | 4.25% | 1.40% | $0 | $0 / $0 |
 
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 RaboDirect High Interest Savings Account | Limited time offer. Enjoy a leading rate on your savings. | 5.60% | 4.85% | 0.75% | $0 | $0 / $0 |
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 UBank USaver | High ongoing rate plus if you deposit $200 monthly you receive a bonus 0.60% p.a, taking this up to an even higher rate. Open online. | 5.51% | 4.91% | 0.60% | $0 | $0 / $0 |
|
 HSBC Serious Saver | Enjoy an introductory variable rate for 4 months for balances up to $1,000,000. Limited time only! | 5.55% | 4.25% | 1.30% | $0 | $0 / $0 |
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