Best Savings Accounts April 2026: Up to 5.65%
Rabobank and ING lead with 5.65% intro rates. Compare the top Australian savings accounts — verified April 2026.
Last updated:
| Provider | Product | Rate↓ | Type | Key Features |
|---|---|---|---|---|
| Rabobank | High Interest Savings Account | 5.65% | introductory |
|
| ING | Savings Accelerator | 5.65% | introductory |
|
| Ubank | Save | 5.35% | introductory |
|
| ING | Savings Maximiser | 5.25% | ongoing bonus |
|
| Macquarie | Savings Account | 5.25% | ongoing |
|
| AMP | GO Save | 4.85% | ongoing |
|
| Westpac | Life Savings | 4.75% | ongoing bonus |
|
Rabobank
High Interest Savings Account
5.65%
introductory- •5.65% for first 4 months, then 3.95% ongoing
- •Available on balances up to $250,000
- •First-time Rabobank savers only
- •No account-keeping fees
ING
Savings Accelerator
5.65%
introductory- •5.65% for first 4 months
- •Balances $150,000 – $500,000 tier
- •New customers only
Ubank
Save
5.35%
introductory- •5.35% welcome rate for first 4 months
- •4.60% everyday bonus thereafter
- •Must grow combined Save balance by $1+ each month
- •Spend account required
ING
Savings Maximiser
5.25%
ongoing bonus- •Deposit $1,000+ from external source
- •5+ settled card purchases
- •Grow balance each month
- •Bonus on one account, up to $100,000
Macquarie
Savings Account
5.25%
ongoing- •No bonus conditions or monthly hoops
- •Rate on balances up to $250,000
AMP
GO Save
4.85%
ongoing- •No bonus conditions
- •No age cap
- •Balances up to $500,000
Westpac
Life Savings
4.75%
ongoing bonus- •0.10% base + 4.65% bonus
- •Deposit at least once each month
- •Grow end-of-month balance
- •No monthly fees
Rates sourced from provider websites and updated periodically. Always verify directly with the provider before applying — rates and conditions change without notice. This information is general in nature and does not constitute financial advice.