Savings Accounts News
The latest savings accounts news and tips
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
Head of Public Relations
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
Head of Public Relations
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
Alex Ritchie
Personal Finance Editor
ANZ cuts savings rates
Big four bank, ANZ, has today cut its two main savings accounts by 0.05 per cent. This is the second time ANZ has cut its savings rates this year, despite the fact the cash rate has not moved since November 2020.
Savings Accounts
04 Jun, 2021
3 min read
Mark Bristow
Personal Finance Editor
What do banks offer to win Australian savers over?
Many of us were taught the value of saving money for a rainy day. Traditionally, depositing money in your savings account could not only build up your “rainy day” fund, but earn you interest to help grow your wealth further.
Savings Accounts
06 May, 2021
4 min read
Trending articles
Vidhu Bajaj
Personal Finance Writer
08 Oct, 2024
Some of the top-rated savings accounts in October 2024
Laine Gordon
Head of Public Relations
01 Oct, 2024
ANZ Plus makes major change for savers
Laine Gordon
Head of Public Relations
20 Sep, 2024
Westpac, ANZ adjust savings rates
Popular searches
Best savings accounts
>High interest savings accounts
>Best savings accounts for over 100K
>Pensioner savings accounts
>Joint savings accounts
>Big 4 banks savings accounts
>Children's savings accounts
>Retirement savings accounts
>Best savings account for over 50s
>Best savings accounts for over 50K
>No monthly minimum savings accounts
>Popular savings accounts
>