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Earn Big With High Interest Savings Accounts

If you have enough cash, a high interest savings account can be a real boon to your bottom line. You need to profit from your money, it really is that simple. When you have a lot of money on hand that you do not want to risk investing or locking into a product that you cannot access easily then a reserve fund at the bank is one of the best options. To get the most bang for you buck you have to find a bank that is willing to offer big returns for your business. This may mean looking beyond your local bank or into various Internet banks. If you are willing to move your money around you will be able to get big money in return.

Top High Interest Savings Accounts

 

UBank – The USaver account at you bank offers an interest rate of 6.51% which is paid out monthly. This rate is available with a balance as low as $1,000  which is pretty low in terms of rainy day funds. Unlike some high rates this is not an introductory offer and extends out with the market instead of stepping down after a certain amount of time. UBank offers phone banking and Internet banking for your convenience. There is no account keeping fee which is another big money saver.

 

Citibank Online Saver – With this on line Citibank product you earn at a rate of 6.45% on balances of at least $1,000. This is a promotional rate that last for six months with optional bonus rate points of .1-1.2%. It also has no account keeping fee and offers phone, Internet, branch access, and salary direct credit facilities. Reporting on this high interest savings account is available only on line.

 

Rabo Direct – At 6.40% this is an excellent way to stockpile funds. The option is open to both new and existing Rabo Direct customers but is only available until 31 December 2010 because it is a promotional rate. There are no account keeping fees and customers have access to the Internet and salary direct credit facilities. Reporting options are a combination of on line and traditional statements.

 

ING Direct Savings Maximiser – The base rate is 4.90% but right now customers can take advantage of rates up to 6.25% for the first four months on accounts with balances up to $250,000.  There is no minimum opening amount and no minimum balance. Earning accumulate daily and are paid out monthly. There are no account keeping fees and customers have access to both Internet and phone banking.

 

Bankwest Telenet Saver – With a variable base rate of 4.50% per annum and a twelve month introductory rate of up to 6.15% per annum this is a high quality product. There are no fees and no minimum balance required and a maximum amount of $5M per account. Customers can access their account via the web or the phone, whichever is most convenient.

 

This is just a small sample of the high interest savings accounts that are available to Australians. There really is no shortage of choices for the investor who wants to build on their money with a top quality fund. You might have to do a little work to find the most profitable option you will easily see the return on our time investment when that fund grows with no additional cost to you. Do not be tempted to sit back and wait for good rates to come to you, go out and find them for yourself. Remember that only you are looking out for your own best interests.

 

About the Author

Savingsaccountfinder is here to provides the service of high interest savings accounts . We find the interest savings accounts comparison accounts to reach savings goals faster .We  provides service to help Australians to compare the best interest savings accounts .

 

 

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