Best savings accounts if your balance is above the bonus cap

This guide looks at what a 30-year-old saver might see with $100,000 over 12 months, where bonus caps can stop the full balance earning the strongest advertised rate.

Best setups for your cash

Projected return over your selected term using current product data. Check the official bank page before acting.

1-year return

$5,363

2-product split

Account

Put here

Advertised rate

Effective rate

Return

Judo Bank

Personal Savings Account

Est. return

$4,013

Amount

$75,000

Headline rate

5.35%p.a.

Effective rate

5.35%p.a.

$75,000

5.35%

$4,013

Details

MOVE Bank

Growth Saver

Est. return

$1,350

Amount

$25,000

Headline rate

5.40%p.a.

Effective rate

5.40%p.a.

$25,000

5.40%

$1,350

Details

1-year return

$5,350

1-product split

Account

Put here

Advertised rate

Effective rate

Return

Judo Bank

Personal Savings Account

Est. return

$5,350

Amount

$100,000

Headline rate

5.35%p.a.

Effective rate

5.35%p.a.

$100,000

5.35%

$5,350

Details

1-year return

$5,250

1-product split

Account

Put here

Advertised rate

Effective rate

Return

ING

Savings Maximiser

Est. return

$5,250

Amount

$100,000

Headline rate

5.25%p.a.

Effective rate

5.25%p.a.

$100,000

5.25%

$5,250

Details

1-year return

$5,150

1-product split

Account

Put here

Advertised rate

Effective rate

Return

Rabobank

PremiumSaver

Est. return

$5,150

Amount

$100,000

Headline rate

5.15%p.a.

Effective rate

5.15%p.a.

$100,000

5.15%

$5,150

Details

1-year return

$5,100

1-product split

Account

Put here

Advertised rate

Effective rate

Return

BCU

Boss Saver + Access Account

Est. return

$5,100

Amount

$100,000

Headline rate

5.10%p.a.

Effective rate

5.10%p.a.

$100,000

5.10%

$5,100

Details

1-year return

$5,100

1-product split

Account

Put here

Advertised rate

Effective rate

Return

P&N

Savvy Saver

Est. return

$5,100

Amount

$100,000

Headline rate

5.10%p.a.

Effective rate

5.10%p.a.

$100,000

5.10%

$5,100

Details

1-year return

$5,100

1-product split

Account

Put here

Advertised rate

Effective rate

Return

ubank

Save account

Est. return

$5,100

Amount

$100,000

Headline rate

5.60%p.a.

Effective rate

5.10%p.a.

$100,000

5.60%

5.10%

$5,100

Details

1-year return

$4,883

No fuss1-product split

Account

Put here

Advertised rate

Effective rate

Return

MyState

Hello Saver account

Est. return

$4,883

Amount

$100,000

Headline rate

5.15%p.a.

Effective rate

4.88%p.a.

$100,000

5.15%

4.88%

$4,883

Details

1-year return

$4,867

No fuss1-product split

Account

Put here

Advertised rate

Effective rate

Return

Macquarie

Macquarie Savings Account

Est. return

$4,867

Amount

$100,000

Headline rate

5.10%p.a.

Effective rate

4.87%p.a.

$100,000

5.10%

4.87%

$4,867

Details

1-year return

$4,850

No fuss1-product split

Account

Put here

Advertised rate

Effective rate

Return

AMP

GO Save

Est. return

$4,850

Amount

$100,000

Headline rate

4.85%p.a.

Effective rate

4.85%p.a.

$100,000

4.85%

$4,850

Details

1-year return

$4,100

1-product split

Account

Put here

Advertised rate

Effective rate

Return

BOQ

Future Saver Account

Est. return

$4,100

Amount

$100,000

Headline rate

5.35%p.a.

Effective rate

4.10%p.a.

$100,000

5.35%

4.10%

$4,100

Details

1-year return

$1,425

1-product split

Account

Put here

Advertised rate

Effective rate

Return

MOVE Bank

Growth Saver

Est. return

$1,425

Amount

$100,000

Headline rate

5.40%p.a.

Effective rate

1.43%p.a.

$100,000

5.40%

1.43%

$1,425

Details

Calculator

Check your own setup in the calculator

Start from this guide, then change the amount, age, or time frame to match your own setup.

Check your own setup in the calculator