High interest savings accounts in 2025

Rates that could give you high fives all day long (checked daily.)

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By

Alison Banney

Edited by

Richard Whitten

Updated

Fact checked
1 - 10 of 177
Updated regularly
Product Finder Score Maximum Variable Rate p.a. Base interest rate Intro/Ongoing Government Guarantee Monthly Max Rate Conditions
Finder score
9.1 Excellent
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
0.40%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance $50 ($0.01 if under 21)
  • Balance up to $249,999.99
Extra 0.10% p.a. for 3 months for new customers who apply online, balances under $250k.
Go to siteView details
Finder score
8.7 Great
Maximum Variable Rate p.a.
4.80%
Standard Variable Rate p.a.
0.35%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance by $200 each month (excl. interest)
  • Only 1 withdrawal
  • No balance limit on earning interest
Get a solid interest rate on your entire balance, with minimal conditions in order to get the max rate. This account doesn’t offer card access but you can make 1 withdrawal per month & grow your net balance by $200 (excl. interest) to earn the max rate.
Go to siteView details
Finder score
8.5 Great
Maximum Variable Rate p.a.
4.55%
Standard Variable Rate p.a.
4.55%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Balances up to $5,000,000
Open up to 9 accounts to take control of your savings and don't worry about meeting fiddly conditions or paying frustrating fees.
Go to siteView details
ING Savings Maximiser
Most Loved
ING logo
Finder score
9.7 Excellent
Maximum Variable Rate p.a.
5.40%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 transactions
  • Grow your balance
  • Balances up to $100,000
Go to siteView details
ING Savings Accelerator ($150,000 - $500,000)
Most Loved
ING logo
Finder score
8.5 Great
Maximum Variable Rate p.a.
5.15%
Standard Variable Rate p.a.
4.45%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Welcome rate applies up to $500K
Ideal for higher balances, savers can earn up to 5.15% for the first 4 months and up to 4.45% thereafter. There are no conditions and $0 account-keeping fees.
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Newcastle Permanent Smart Saver Account
Newcastle Permanent logo
Finder score
7.7 Great
Maximum Variable Rate p.a.
4.25%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance
  • No more than 2 withdrawals
Go to siteView details
Westpac Life (18-29 year olds only)
Westpac logo
Finder score
8.9 Great
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
1.60%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Make a deposit
  • Grow your balance
  • 5 debit card purchases
  • Balances up to $30,000
Go to siteView details
Bank of Queensland Future Saver Account - 14 to 35 years
BOQ logo
Finder score
9.4 Excellent
Maximum Variable Rate p.a.
5.25%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 eligible transactions
  • Balances up to $50,000
Go to siteView details
BCU Bonus Saver
BCU logo
Finder score
2.2 Basic
Maximum Variable Rate p.a.
4.75%
Standard Variable Rate p.a.
0.25%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
IMB Reward Saver Kick Start
IMB logo
Finder score
9.3 Excellent
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $20+ each month
  • No withdrawals
You can open this account if you are aged 13 to 17, or if you're a student, trainee or apprentice aged 18 to 30.
Go to siteView details
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How the Finder Score helps you find a better savings account

The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.

We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?

Read the full Finder Score breakdown

Start comparing

How to compare high interest savings accounts

There's more to consider than just the high interest rate. Think about the following when you compare accounts:

  • Is the interest rate competitive?
  • Can I meet the monthly deposit requirement every month without putting myself into financial stress? If you can't, consider an account with a smaller monthly deposit condition.
  • Is it important to me that I keep my existing everyday bank account? If yes, consider a savings account with that same bank.
  • Is the high rate for an introductory period only (e.g. for the first 4-5 months)? If it is, will I be happy to change accounts again after this?
  • Am I able to make withdrawals from the account if I need to without losing my interest that month?
Taylor Blackburn's headshot
Our expert says

"I've had 4 different HISA accounts and my view is there are only a few worth having depending on your personal situation. If you are interested in maximising your interest on a balance below $100K, I prefer Ubank as it gives you a high ongoing rate with only one hoop to jump through (the monthly deposit requirement). ING used to hold the crown, but they made it tough to get their bonus rate as you had to deposit more and make 5 transactions on the linked card. CBA's Goalsaver is less competitive but great for those who might be saving larger balances (like for a deposit) as they will pay a decent rate on almost any balance as long as you make a deposit and grow the balance."

Money Expert

Looking for more interest-earning options? Check out these accounts

Term deposits provide an alternative option to savings accounts where you can lock in your money for longer and potentially earn more interest. Here are a few term deposits which offer an interest rate above 4%p.a.:

1 - 10 of 157
Updated regularly
Product 3 Mths p.a. 4 Mths p.a. 5 Mths p.a. 6 Mths p.a. 7 Mths p.a. 11 Mths p.a. 12 Mths p.a. 24 Mths p.a.
3 Mths p.a.
3.95%
4 Mths p.a.
3.95%
5 Mths p.a.
3.95%
6 Mths p.a.
4.35%
7 Mths p.a.
3.80%
11 Mths p.a.
3.80%
12 Mths p.a.
4.00%
24 Mths p.a.
3.50%
Lock in a rate as high as 4.35% for 6 months with a minimum $1,000 deposit.
Go to siteMore info
3 Mths p.a.
4.75%
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
4.80%
7 Mths p.a.
-
11 Mths p.a.
-
12 Mths p.a.
4.50%
24 Mths p.a.
4.30%
You can get competitive interest rates on all term lengths. This term deposit has a low minimum deposit amount and is a 2025 Finder Award winner.
Go to siteMore info
3 Mths p.a.
-
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
4.80%
7 Mths p.a.
-
11 Mths p.a.
-
12 Mths p.a.
-
24 Mths p.a.
-
Go to siteMore info
MyState Bank Online Term Deposit
$5,000 min. deposit
$50,000,000 max. deposit
MyState Bank logo
3 Mths p.a.
4.00%
4 Mths p.a.
4.20%
5 Mths p.a.
4.60%
6 Mths p.a.
4.60%
7 Mths p.a.
4.50%
11 Mths p.a.
4.30%
12 Mths p.a.
4.25%
24 Mths p.a.
3.95%
Lock in competitive rates and pay no monthly account fees with this online term deposit.
More info
Bankwest Term Deposit
$1,000 min. deposit
$10,000,000 max. deposit
Bankwest logo
3 Mths p.a.
3.75%
4 Mths p.a.
3.00%
5 Mths p.a.
4.20%
6 Mths p.a.
4.00%
7 Mths p.a.
3.90%
11 Mths p.a.
3.80%
12 Mths p.a.
3.80%
24 Mths p.a.
3.60%
More info
BCU Term Deposit
$1,000 min. deposit
$999,999 max. deposit
BCU logo
3 Mths p.a.
4.30%
4 Mths p.a.
4.15%
5 Mths p.a.
4.10%
6 Mths p.a.
4.00%
7 Mths p.a.
3.70%
11 Mths p.a.
3.55%
12 Mths p.a.
4.00%
24 Mths p.a.
3.45%
More info
Rabobank Term Deposit (SMSF)
$1,000 min. deposit
$2,000,000 max. deposit
Rabobank logo
3 Mths p.a.
4.45%
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
4.35%
7 Mths p.a.
-
11 Mths p.a.
-
12 Mths p.a.
3.85%
24 Mths p.a.
3.60%
More info
Australian Unity Term Deposit
$5,000 min. deposit
Australian Unity logo
3 Mths p.a.
4.40%
4 Mths p.a.
0.90%
5 Mths p.a.
0.90%
6 Mths p.a.
4.45%
7 Mths p.a.
1.25%
11 Mths p.a.
1.50%
12 Mths p.a.
4.30%
24 Mths p.a.
3.70%
More info
Rabobank Term Deposit
$1,000 min. deposit
$2,000,000 max. deposit
Rabobank logo
3 Mths p.a.
4.45%
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
4.35%
7 Mths p.a.
-
11 Mths p.a.
-
12 Mths p.a.
3.85%
24 Mths p.a.
3.60%
More info
ING Term Deposit
$10,000 min. deposit
ING logo
3 Mths p.a.
4.25%
4 Mths p.a.
4.25%
5 Mths p.a.
-
6 Mths p.a.
4.50%
7 Mths p.a.
4.35%
11 Mths p.a.
4.05%
12 Mths p.a.
4.05%
24 Mths p.a.
3.80%
More info
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Richard Whitten's headshot
To make sure you get accurate and helpful information, this guide has been edited by Richard Whitten as part of our fact-checking process.
Alison Banney's headshot
Written by

Editorial Manager, Money

Alison is an editor at Finder and a personal finance journalist with over 10 years of experience, having contributed to major financial institutions and publications such as Westpac, Money Magazine, and Yahoo Finance. She is frequently quoted in media outlets like SmartCompany and SBS, offering expert insights on superannuation and money management. Alison holds a Bachelor of Communications in Public Relations and Journalism from the University of Newcastle, and has earned three ASIC RG146 certifications in superannuation, securities and managed investments and general financial advice, ensuring her expertise is fully aligned with ASIC standards. See full bio

Alison's expertise
Alison has written 638 Finder guides across topics including:
  • Superannuation
  • Savings accounts, bank accounts and term deposits
  • Budgeting and money-saving hacks
  • Managing the cost of living
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