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Best savings accounts for under-25s over 6 months

This guide looks at what a 24-year-old saver might see with $20,000 over 6 months, with youth-eligible products still in play.

Best setups for your cash

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

6-month return
$550
1-product split
Newcastle Permanent logo
Newcastle Permanent
Smart Saver Account (under 25)
Est. return
$550
Amount
$20,000
Headline rate
5.50%p.a.
Effective rate
5.50%p.a.
Details
6-month return
$540
1-product split
MOVE Bank logo
MOVE Bank
Growth Saver
Est. return
$540
Amount
$20,000
Headline rate
5.40%p.a.
Effective rate
5.40%p.a.
Details
6-month return
$535
1-product split
Judo Bank logo
Judo Bank
Personal Savings Account
Est. return
$535
Amount
$20,000
Headline rate
5.35%p.a.
Effective rate
5.35%p.a.
Details
6-month return
$535
1-product split
ubank logo
ubank
Save account
Est. return
$535
Amount
$20,000
Headline rate
5.60%p.a.
Effective rate
5.35%p.a.
Details
6-month return
$517
No fuss1-product split
Bankwest logo
Bankwest
Bankwest Easy Saver
Est. return
$517
Amount
$20,000
Headline rate
5.50%p.a.
Effective rate
5.17%p.a.
Details
6-month return
$510
No fuss1-product split
St George logo
St George
Maxi Saver
Est. return
$510
Amount
$20,000
Headline rate
5.10%p.a.
Effective rate
5.10%p.a.
Details
6-month return
$508
No fuss1-product split
Rabobank logo
Rabobank
High Interest Savings Account
Est. return
$508
Amount
$20,000
Headline rate
5.65%p.a.
Effective rate
5.08%p.a.
Details
6-month return
$250
No fuss1-product split
ANZ Plus logo
ANZ Plus
ANZ Plus Flex Saver
Est. return
$250
Amount
$20,000
Headline rate
4.75%p.a.
Effective rate
2.50%p.a.
Details
6-month return
$0
No fuss1-product split
Border Bank logo
Border Bank
U30 SUPER CHARGE Account
Est. return
$0
Amount
$20,000
Headline rate
4.75%p.a.
Effective rate
0.00%p.a.
Details
6-month return
$0
No fuss1-product split
Police Bank logo
Police Bank
U30 SUPER CHARGE Account
Est. return
$0
Amount
$20,000
Headline rate
5.00%p.a.
Effective rate
0.00%p.a.
Details
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