Updated October 21, 2026 · SumCue Editorial Team

Top savings accounts and deposits compared in Australia

448 providers available in Australia, ranked for Australia.

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Top savings accounts and deposits compared in Australia
OrderProviderScoreFeaturesKey factsActions
1
ActivTrades logo
ActivTradesTop pickPartner
9.4/10
    Headline rate:
    3.3%
    Rate type:
    Variable
    Minimum deposit:
    $0
    ReviewCompareVisit
    2
    eToro logo
    eToroPartner
    9.2/10
      Headline rate:
      3.8%
      Rate type:
      Variable
      Minimum deposit:
      $1 to $10,000
      ReviewCompareVisit
      3
      Airwallex logo
      AirwallexPartner
      9.0/10
      • Business
      • Travel
      Headline rate:
      2.18% to 3.83%
      Rate type:
      Variable
      Minimum deposit:
      HK$0
      ReviewCompareVisit
      4
      Panda Remit logo
      Panda RemitPartner

      Zero transfer fee and better exchange rate for first-time customers: Zero transfer fees for the first transfer

      8.4/10
      • Fixed rate
      Deposit protection:
      FDIC up to USD 250,000
      Access terms:
      On demand, 24/7; exchange rate can be locked for 24 hours
      Legal entity:
      Wotransfer PTE. LTD.
      ReviewCompareVisit
      5
      Afranga logo
      AfrangaPartner
      8.8/10
      • Low fees
      Headline rate:
      8% to 10%
      Rate type:
      Fixed
      Term:
      3 to 12 months
      ReviewCompareVisit
      6
      Monefit logo
      MonefitPartner

      Monefit offers SmartSaver, a savings product with daily returns and the flexibility to withdraw at any time, alongside a credit product.

      8.0/10
        ReviewCompareVisit
        7
        Revolut UK logo
        Revolut UKPartner
        9.4/10
        • No annual fee
        • Travel
        Headline rate:
        4%
        Rate type:
        Variable
        Minimum deposit:
        £0
        ReviewCompareVisit
        8
        Revolut logo
        RevolutPartner
        9.2/10
        • No monthly fee
        • Travel
        Headline rate:
        4%
        Rate type:
        Variable
        Minimum deposit:
        £0
        ReviewCompareVisit
        9
        Revolut AU logo
        Revolut AUPartner
        9.1/10
        • No annual fee
        • Rewards
        Headline rate:
        4%
        Rate type:
        Variable
        Minimum deposit:
        £0
        ReviewCompareVisit

        Licensed in Australia

        Panda Remit
        Australian Transaction Reports and Analysis Centre (AUSTRAC)
        Commonwealth Bank Ltd
        AFSL (Australian Securities and Investments Commission)
        Commonwealth Bank Ltd
        Australian credit licence
        Great Southern Bank
        ASIC
        ING Australia
        Australian Securities and Investments Commission (ASIC)
        Zeller
        Australian Financial Services Licence (AFSL)
        Judo Bank
        APRA
        Judo Bank
        ASIC
        Up
        Australian Securities and Investments Commission (AFSL and Australian Credit Licence stated on site)
        Alex.Bank
        Australian Prudential Regulation Authority (APRA)
        TorFX
        AUSTRAC (AFSL)
        Up Bank
        Regulator not named on the cited page (Australian Credit Licence, National Credit Code)
        Macquarie Bank
        Australian Prudential Regulation Authority (APRA)
        Macquarie Bank
        Australian Securities & Investments Commission (ASIC)
        Macquarie Bank
        AUSTRAC
        OFX
        ASIC
        OFX
        AUSTRAC
        Taptap Send
        Australian Securities and Investments Commission

        Other rankings

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        Other countries

        ActivTrades

        ActivTrades

        Top pick for Australia

        9.4/10Visit