Updated October 18, 2026 · VaultCue Editorial Team

Top savings accounts compared in Australia

430 accounts available in Australia, ranked for Australia.

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Top savings accounts compared in Australia
OrderAccountScoreKey factsActions
1
Airwallex logo
AirwallexTop pickPartner

Limited offer - business rewards with Airwallex AI: Up to HK$68,888

8.6/10
Headline rate:
2.18% to 3.83%
Rate type:
Variable
Minimum deposit:
HK$0
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2
Panda Remit logo
Panda RemitPartner

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

8.3/10
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
3
Revolut AU logo
Revolut AUPartner
9.1/10
Headline rate:
4%
Rate type:
Variable
Minimum deposit:
£0
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4
Revolut UK logo
Revolut UKPartner
9.0/10
Headline rate:
4%
Rate type:
Variable
Minimum deposit:
£0
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5
BBVAPartner
9.8/10
Deposit protection:
EU DGS up to EUR 100,000
Legal entity:
Banco Bilbao Vizcaya Argentaria, S.A.
Headquarters:
Spain
ReviewCompareSee alternatives
6
Ria Money Transfer logo
Ria Money TransferPartner

HELLORIA new customer offer: $0 fees on first-time money transfers of $50 or more

9.5/10
Legal entity:
Dandelion Payments, Inc. dba Ria Money Transfer
Headquarters:
United States
Founded:
1987
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7
Up logo
UpPartner

Sign up & SCORE $10 with code UPYEAH10: $10 AUD

9.4/10
Rate type:
Variable
Minimum deposit:
A$0
Access terms:
On-demand easy access via the Up app; interest activates after 5 eligible card purchases in a month, no deposit required
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8
Banreservas logo
BanreservasPartner
9.3/10
Headline rate:
0.3%
Rate type:
Variable
Minimum deposit:
DOP 3,000
ReviewCompareSee alternatives
9
Klarna Bank logo
Klarna BankPartner

30% off Klarna Premium or Max for 3 months: 30% off for 3 months

9.3/10
Deposit protection:
FSCS up to GBP 85,000
Monthly fee:
£0
Legal entity:
Klarna Financial Services UK Limited
ReviewCompareSee alternatives
10
AffinityPlus Credit Union logo
AffinityPlus Credit UnionPartner
9.2/10
Headline rate:
0.1%
Rate type:
Variable
Minimum deposit:
$10
ReviewCompareSee alternatives

Licensed in Australia

Airwallex
Australian Securities and Investments Commission (ASIC)
Panda Remit
Australian Transaction Reports and Analysis Centre (AUSTRAC)
Up
Australian Credit Licence
Up
Australian Financial Services Licence (AFSL)
ING Australia
Australian Prudential Regulation Authority (APRA)
ING Australia
Australian Securities and Investments Commission (ASIC) - Australian Financial Services Licence
Commonwealth Bank Ltd
Australia (AFSL and Australian credit licence; regulator not named on the page)
Alex.Bank
Australian Prudential Regulation Authority (APRA)
Judo Bank
APRA
Judo Bank
ASIC
Up Bank
Australian Securities and Investments Commission (AFSL and Australian Credit Licence stated on site)
Zeller
Australian Securities and Investments Commission (ASIC)
Trading 212
Australian Securities and Investments Commission
Macquarie Bank
Australian Prudential Regulation Authority (APRA)
Macquarie Bank
Australian Securities and Investments Commission (ASIC)
Taptap Send
Australian Securities and Investments Commission
Westpac PNG
Australian Securities and Investments Commission

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Other countries

Airwallex

Airwallex

Top pick for Australia

8.6/10Visit