Best savings accounts without monthly deposit requirements

This guide focuses on savings accounts that do not require a monthly deposit to get the better rate.

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Bank

Product

Interest rate

Features

Details

ING

Savings Accelerator

Up to5.65%p.a.

5.65%

Details

Rabobank

High Interest Savings Account

Up to5.65%p.a.

5.65%

Details

ubank

Save account

Up to5.60%p.a.

5.60%

Details

Bankwest

Bankwest Easy Saver

Up to5.50%p.a.

5.50%

Details

Newcastle Permanent

Smart Saver Account (under 25)

Up to5.50%p.a.

5.50%

Details

Great Southern Bank

Youth eSaver

Up to5.25%p.a.

5.25%

Details

BOQ

Simple Saver Account

Up to5.15%p.a.

5.15%

Details

MyState

Hello Saver account

Up to5.15%p.a.

5.15%

Details

Rabobank

PremiumSaver

Up to5.15%p.a.

5.15%

Details

Macquarie

Macquarie Savings Account

Up to5.10%p.a.

5.10%

Details

St George

Maxi Saver

Up to5.10%p.a.

5.10%

Details

Up Saver (Grow)

Up to5.10%p.a.

5.10%

Details

Australian Mutual Bank LTD

YOUNG SAVER ACCOUNT

Up to5.00%p.a.

5.00%

Details

Health Professionals Bank

Starter Saver account

Up to5.00%p.a.

5.00%

Details

Police Bank

U30 SUPER CHARGE Account

Up to5.00%p.a.

5.00%

Details

UniBank

Starter Saver account

Up to5.00%p.a.

5.00%

Details

Westpac

Westpac eSaver

Up to5.00%p.a.

5.00%

Details

AMP

GO Save

Up to4.85%p.a.

4.85%

Details

easyStreet

Flex Saver

Up to4.80%p.a.

4.80%

Details

Suncorp

Growth Saver Account

Up to4.80%p.a.

4.80%

Details

ANZ Plus

ANZ Plus Flex Saver

Up to4.75%p.a.

4.75%

Details

ANZ Plus

ANZ Plus Growth Saver

Up to4.75%p.a.

4.75%

Details

Border Bank

U30 SUPER CHARGE Account

Up to4.75%p.a.

4.75%

Details

Greater Bank Limited

Life Saver

Up to4.75%p.a.

4.75%

Details

Newcastle Permanent

Online Savings Account

Up to4.75%p.a.

4.75%

Details

Regional Australia Bank

Saving Account

Up to4.75%p.a.

4.75%

Details

AMP

AMP Saver Account

Up to4.70%p.a.

4.70%

Details

Commonwealth Bank

NetBank Saver

Up to4.70%p.a.

4.70%

Details

HSBC

HSBC Everyday Savings Account

Up to4.65%p.a.

4.65%

Details

Southern Cross Credit Union

LITTLE STAR SAVER

Up to4.65%p.a.

4.65%

Details

Southern Cross Credit Union

STAR SAVER

Up to4.65%p.a.

4.65%

Details

Great Southern Bank

Future Saver

Up to4.60%p.a.

4.60%

Details

Arab Bank

Personal Online Savings Account

Up to4.55%p.a.

4.55%

Details

Heartland Bank

MySavings account

Up to4.55%p.a.

4.55%

Details

Bank of Sydney

BOS Saver

Up to4.50%p.a.

4.50%

Details

Defence Bank

Kids Club Savings

Up to4.50%p.a.

4.50%

Details

Defence Bank

Teen Saver

Up to4.50%p.a.

4.50%

Details

P&N

Hi Saver Account

Up to4.50%p.a.

4.50%

Details

People's Choice

Dream Fund

Up to4.50%p.a.

4.50%

Details

Rabobank

Notice Saver (90 day notice)

Up to4.45%p.a.

4.45%

Details

Rabobank

Notice Saver (60 day notice)

Up to4.40%p.a.

4.40%

Details

Australian Military Bank

Online Saver

Up to4.35%p.a.

4.35%

Details

Rabobank

Notice Saver (31 day notice)

Up to4.35%p.a.

4.35%

Details

Bank Orange

Online Saver Account

Up to4.25%p.a.

4.25%

Details

Newcastle Permanent

Smart Saver Account

Up to4.25%p.a.

4.25%

Details

Police Bank

Savings Plus Account

Up to4.25%p.a.

4.25%

Details

Qudos Bank

Bonus Saver

Up to4.25%p.a.

4.25%

Details

Unity Bank

MoneyMAX Account

Up to4.25%p.a.

4.25%

Details

ME Bank

SaveME + SpendMe Transaction

Up to4.10%p.a.

4.10%

Details

Border Bank

Savings Plus Account

Up to4.00%p.a.

4.00%

Details

Dnister

iSaver

Up to4.00%p.a.

4.00%

Details

Health Professionals Bank

Essential Saver

Up to4.00%p.a.

4.00%

Details

UniBank

Essential Saver

Up to4.00%p.a.

4.00%

Details

Qudos Bank

QSaver

Up to3.95%p.a.

3.95%

Details

MOVE Bank

Online Saver

Up to3.90%p.a.

3.90%

Details

HSBC

HSBC Bonus Savings Account - AUD

Up to3.75%p.a.

3.75%

Details

Qudos Bank

Qantas Points Saver

Up to3.75%p.a.

3.75%

Details

Queensland Country Bank

Star Saver

Up to3.50%p.a.

3.50%

Details

Bendigo

Bendigo PiggySaver

Up to3.05%p.a.

3.05%

Details

Auswide Bank Ltd

ZIGGY KIDS SAVER

Up to3.01%p.a.

3.01%

Details

Regional Australia Bank

Internet Maximiser Account

Up to2.75%p.a.

2.75%

Details

Queensland Country Bank

Online Saver

Up to2.35%p.a.

2.35%

Details