Which savings account has the highest interest rate?
Right now, Australian savings accounts offer interest rates between 0.00 per cent and 3.05 per cent. If you can get a good rate of around three per cent on your savings, your money is growing and staying well ahead of the inflation rate, which is 1 percent.
You don’t need to settle for the savings account offered by your own bank because you can have a savings account and a linked transaction account with two different banks. Read more at Infochoice here.