Home - News - About Us - Contact Us

AUSTRALIA'S LEADING SAVINGS ACCOUNTS

"SAVINGS ACCOUNTS BRINGS YOU A
QUICK EASY GUIDE TO THE BEST HIGH
INTEREST ACCOUNTS - TODAY"

thedeal.net.au
Savings Account Buying Guide

Interest rates just keep going up, and while this is bad news for borrowers, rate rises combined with more competition in the deposit account market have led to rich pickings for savers. High-interest internet savings accounts have changed the way many of us save. Promises of ‘no bank fees ever’ coupled with competitive rates and special deals seem to have struck a chord with Australian consumers. They’ve also forced some of the bigger, more established banks to improve their offers in an attempt to stem the flow of customers leaving in search of higher rates.

It could be worth switching. If you've got money parked in an everyday transaction account paying next to nothing interest, you could be earning much more by switching to an account with a better rate.

Internet savings accounts. If you’ve got web access, opening an account is reasonably straightforward and the interest rates are often much better than 'traditional' and 'bonus saver' accounts.

Term deposits. Interest on the best term deposits is similar to the best internet savings accounts. Rates are fixed for the term. The drawback is you lose liquidity - early withdrawals are penalised with a break fee.

Cash management accounts (CMAs). Alternatively (or in addition), you may prefer an account designed for both transactions and savings. Examples include CMAs (that usually require several thousand dollars to start an account or receive the higher interest rate) and other ‘hybrid’ accounts that combine higher interest with the ability to transact (for example, using ATMs, paying bills, using phone and internet banking for transfers).

'Traditional' savings accounts. Even when bonus rates are added, the rates on most traditional savings accounts often fall well short of the best term deposits, cash management accounts and internet savings accounts.

Savings Accounts try and source the best articles on the internet to help and inform our valued customers so they can maximise their saving potential.

  Featured Advertisers

Finance News

Finance Articles

Stricter Mortgage Rules Proposed
Tougher Rules Urged for Mortgage Lenders; Effort Not About `finding Excuses and Scapegoats

Sales, Dollar Plunge; Oil Soars
Tough Day for the Economy: Retail Sales and the Dollar Plunge While Oil Prices Surge Anew

A Useful Guide to Savings Accounts
Savings Accounts functions differently to checking accounts

Is Your Bank Savings Account Safe?
Do you really know what happens to your money.

5 Helpful Tips to Save Money
5 smart ways to save money and invest

Money Saving Tips
Learn how to put more money away, watch your savings grow

Baby Saving Money Tips
Learn how to save money when having a newborn

Intro to Savings Accounts
If you are keen on savings and would like to have an option

The Basics of Savings
If you are looking for a way to make a financial investment

Savings Accounts
BankWest Telenet Saver
BankWest Telenet Business Saver
St.George DirectSaver
NAB iSaver
HSBC Serious Saver
ING Direct Maximiser
RadoPlus Saving Account
Savings Account
High Interest Savings Accounts
Online Savings Accounts
Internet Savings Account
Best Credit Cards

Site Map | Privacy | Disclaimer

©2008 savings-accounts.com.au. All rights reserved.