Savings Account - Highest Interest Rate and Moneyback?

If anyone can direct me to a high interest savings account with some moneyback or paypal offer please let me know.

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  • A quick search on moneybackco reveals that you can get $33 back with St George's Direct Saver account which is apparently 5.50%.
    http://www.moneybackco.com.au/merchants/?searchstring=saving…

    Not sure how paypal is related to a savings account though.

  • Highest paying savings account from my understanding is the ubank. But it doesn't have any money back.
    You can alternatively open ING Orange everyday account which gives $60 credit. Search ozbargain for ING special details. Their Savings account is very competitive in the interest rates as well.

  • virgin money is at 6.75 - that's a little better than ubank
    no money back etc

    • Yes but only for 4 months.
      Ubank is the best around.

      • i'm with you - my money is with ubank - but the fact still stands 6.75 > 6.51

  • Are you guy personally with UBank? My Dads a bit sketic about the good rates. Haha.

    • I have some money with UBank and everything seems to be going fine..

    • been with ubank for about a yr now on term deposit…the rollover process is abit weird. but its going fine as promised.plus ubank said they are direct subbank of NAB so i guess its ok?

    • there are no worries with ubank. They are a part of NAB.

      • I gave my Ubank detail to Medicare
        They asked me, is it NAB?
        they said it shows as NAB on the system.

    • Yes 150K worth….

  • Bit worried about Virgin tho interest rate is higher- U bank seems safer cos they are part of NAB. Does anyone if money is still government guaranteed?

    • From the UBank website (under Govt Guarantee)

      …. "The Australian Government Deposit Guarantee will remain in place for three years from 12 October 2008. The guarantee ceases after that date unless extended by the Government." ….

  • ME bank and RAMS bank pay the highest interest rate on savings account with their bonus interest

    • +1

      You know this post is >7 years old right? Also AMP Bett3r and HSBC Serious Saver intro rate are both 3% - higher than ME or RAMS…

      • Agree AMP Bett3r has a better ongoing rate (if you deposit $2,000 per month).

        Disagree HSBC Serious Saver is better than MEBank (2.95% if you tap & go weekly) because intro rate only lasts for 4 months.

        I believe wanj was referring to the 'ongoing' rate as opposed to intro rates which only lasts for a few months.

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