High savings account interest rates often come with specific eligibility requirements such as minimum balance thresholds, transaction frequency, and age restrictions, which can significantly impact the actual interest earned.
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The highest savings rates since 2012Added:
All right, Australia. We may have missed out on Eurovision, but we have a new winner. The highest savings rate on the Canstar database, 5.75%.
That's an ongoing rate. It's the highest we've seen on the Canstar database since 2012. [music] And wait for it, it's from a big four bank, Westpac. There are terms and conditions though.
It's always worth looking into them.
Okay, so you got to grow your balance each month. You've got to make 20 [music] transactions on a linked bank account. Can do that.
You've got to be what?
18 to 34.
Wait a minute.
Sounds like an offer for me. That's amazing.
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