Savings Accounts News
The latest savings accounts news and tips
Liz Seatter
Senior Finance Writer
Kids’ savings accounts put to the test – how they stack up
RateCity.com.au has put over 50 kids’ savings accounts to the test to compare how they perform over time.
Savings Accounts
18 Apr, 2022
7 min read
Alex Ritchie
Personal Finance Editor
Almost half of Aussies haven’t been able to save in 2022
Higher cost of living, global volatility, and the ongoing economic impacts of Covid-19 have started 2022 off with a bang. If you’re feeling the pinch of financial stress at the moment, you’re not alone with one in three people reporting “high” levels of stress.
Savings Accounts
03 Mar, 2022
4 min read
Mark Bristow
Personal Finance Editor
Australia’s savings to spur economic recovery
While Australians typically dip into their savings during times of economic crisis, recent lockdowns have led Aussies to deposit around one fifth of their income into savings, according to RBA governor Philip Lowe.
Savings Accounts
16 Dec, 2021
2 min read
Laine Gordon
Money Editor
CBA shaves savings rates again after a year of micro-cuts
Australia’s largest bank, CBA, has today cut the rate on two of its popular savings accounts by up to 0.05 per cent.
Savings Accounts
15 Dec, 2021
3 min read
Liz Seatter
Senior Finance Writer
ANZ gives savings rates a haircut
Australia’s fourth largest bank, ANZ, has today cut the interest rate on its popular savings accounts by 0.05 per cent.
Savings Accounts
08 Dec, 2021
2 min read
Liz Seatter
Senior Finance Writer
Westpac cuts rates on popular savings accounts
Australia’s second largest bank, Westpac, has today cut savings rates by 0.05 per cent.
Savings Accounts
12 Nov, 2021
3 min read
Liz Seatter
Senior Finance Writer
NAB the latest bank to cut savings account rates
Australia’s third largest bank, NAB, has today cut savings rates by 0.05 per cent, following similar moves by CBA, ANZ and Westpac.
Savings Accounts
22 Oct, 2021
3 min read
Alex Ritchie
Personal Finance Editor
CBA cuts popular savings rates for 7th time since the RBA cut
Australia’s largest bank, CBA, has today cut rates on its popular savings accounts. The RBA has not moved the cash rate since 3 November 2020, however, the bank has made seven cuts to its GoalSaver and NetBank Saver since then.
Savings Accounts
20 Oct, 2021
3 min read
Alex Ritchie
Personal Finance Editor
ANZ the 37th bank to cut savings rates in the last two months
Australia’s fourth largest bank, ANZ, has today cut the interest rates on its popular savings accounts by 0.10%. 37 banks have cut at least one savings rate in the last two months, including big four banks CBA and Westpac.
Savings Accounts
08 Oct, 2021
3 min read
Mark Bristow
Personal Finance Editor
Westpac joins growing list of banks cutting savings rates
Australia’s second largest bank, Westpac, has today cut savings rates by up to 0.50 per cent across its popular accounts.
Savings Accounts
17 Sep, 2021
4 min read
Laine Gordon
Money Editor
CBA gives its popular savings accounts yet another haircut
Australia’s biggest bank, CBA, has today cut its savings rates by up to 0.07 per cent.
Savings Accounts
31 Aug, 2021
3 min read
Liz Seatter
Senior Finance Writer
Afterpay banking – how it stacks up against the competition
RateCity.com.au has analysed Afterpay Money’s new transaction and savings accounts and compared them to what’s already on offer.
Savings Accounts
21 Jul, 2021
4 min read
Trending articles
Mark Bristow
Personal Finance Editor
06 Nov, 2024
What will happen to savings accounts when interest rates fall? Some of the top-rated savings accounts in November 2024
Laine Gordon
Money Editor
01 Nov, 2024
Highest savings rate takes a tumble
Vidhu Bajaj
Personal Finance Writer
08 Oct, 2024
Some of the top-rated savings accounts in October 2024
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