Best savings account on Reddit
151 reviews from r/AusFinance, r/singaporefi, r/irishpersonalfinance and 26 more subreddits
151 reviews from
and
By Brand
/By Product
#1
Ubank
4.7
(6)
"UBank has 5.5% up to $100k, 5% for the remaining up to $250k."
"Ubank is one of best best a moment, not having to grow balance each month."
"Ubank 5.5% have the best rates for accounts that don't need you to grow the balance."
"UBank is 5.5%, but you have to deposit $500 per month."
"Apply for Ubank."
"Seems like you are a resident as you reside here. Apply for Ubank."
#2
Wealthfront
4.7
(6)
"Use this link to open a Wealthfront Cash Account. Once you fund it, you’ll get a 0.50% APY boost!"
"Check out the Wealthfront Cash Account. It has no minimum deposit or monthly fees and only requires $1 to open."
"Use this link to open a Wealthfront Cash Account. Once you fund it, you’ll get a 0.50% APY boost!"
"Get 5% for just sitting there"
"Wealthfront’s interest rate and bucket system is superior to them both."
"If you want absolute minimal functionality and the highest interest rate, you can go with Wealthfront (~5% APY right now)."
#3
Savings Account
4.5
(6)
"WELL i can vouch for IDFC bank, it’s one of the best."
"Ally!"
"Meezan gives 11.5??"
"Suncorp was the best option when we opened 4 or 5 years ago. They’re currently about number 3 in best interest rate."
"Mari Saving account or Mari Invest"
"Maribank? marinvest offer up to 3.6-3.8% paid daily."
#4
T212
3.6
(7)
"Best options include: - T212 @ 3.70%."
"Long term investment in Stocks ISA is beneficial, with a small portion in cash for low risk."
"The rainy day fund in T212 invest account allows easy access to cash."
"I have my emergency funds parked in T212 cash ISA, which is great for rainy day payments."
"T212 is another viable option for earning interest on savings."
"I personally gave some cash in the Revolut savings account."
"Only guarantees 20,000, which is a concern."
#5
Trade Republic
3.8
(5)
"Prefer Trade Republic for the simple reason interest is earned on a daily basis."
"- Trade Republic @ 3.25% up to 50k"
"I use trade Republic and just leave the money in cash there. 3.75% interest rate paid out monthly."
"With instant access"
"Concerned by some reviews/conversations"
#6
Revolut
4.5
(4)
"Revolut is probably the best Irish bank to keep savings at the moment."
"I use Revolut. 3% interest."
"Try revolut or kit, they have teens accounts"
"Revolut has a great interest rate, making it a good option for savings."
#7
Macquarie
4.5
(4)
"If you are after an HISA that pays meaningful interest rate without hoops, you could consider Macquarie."
"Offers a competitive interest rate of 4.65% p.a. for balances up to $1,999,999.99."
"The Transaction account has a debit card and a competitive interest rate of 4.75%. The Savings account offers an introductory rate of 5.35% for the first four months, and both accounts have an excellent user interface."
"Macquarie offers better interest rates for kids over 12."
#8
OCBC
4.0
(4)
"The OCBC 360 account offers great bonuses for regular contributions and salary credits."
"OCBC 360 can be a joint account and offers high yield savings."
"Premier Dividend Solutions is a good choice for premier members."
"Bonus Plus Savings Account is suitable for excess funds above 100k."
#9
American Express
5.0
(3)
"If you already use Amex for a credit card, their HYSA should fit nicely."
"I use AMEX for HYS. They’re always competitively priced and great UI."
"Had the Amex one for 5 years and never once spoke to a person lol everything just worked and was able to fully manage everything myself online."
#10
Cimb
5.0
(3)
"3.5% interest flat from your 1st dollar with no hoops to jump through."
"Good"
"Convenience (easily withdrawable)"
#11
Great Southern Bank
4.7
(3)
"Good rates for the first $5k."
"The Youth eSaver Account offers great interest rates and is perfect for teaching kids about saving."
"No fee and good interest for the first $5k."
#12
Bank
4.7
(3)
"A Junior ISA is great for long-term savings until adulthood."
"A standard child's savings account allows easy access and teaches kids about saving."
"Notice accounts offer good rates for saving with some restrictions."
#13
Uob
4.3
(3)
"Good"
"UOB ONE is also a good option for high yield savings."
"Great interest rates if you can meet the milestones."
#14
HYSA
4.3
(3)
"Start an HYSA (high yield savings account) and do not touch this money until you have 3-6 month’s expenses covered."
"Cash should be in HYSA."
"Leave 236k at ~4.5% HYSA and make around 10,620 just on that essentially risk free interest."
#15
Discover
4.3
(3)
"Discover offer very good customer service."
"If you already bank with Discover you could just stick with them. They offer a pretty good high yield savings account."
"Decent"
#16
Capital One
4.0
(3)
"Capital One offers a 3.80% APY as of now, with no minimums and no monthly fees."
"You should go with a big bank like Discover or Capitol One (both at ~4.25% right now I think)."
"Decent"
#17
Chocolate Finance
4.0
(3)
"Chocolate Finance is pretty good for savings with a promotional interest of 4.2%."
"My family each puts 20k into Chocolate Finance. Supposedly guaranteed 4.2% till end of year."
"Chocolate Finance until their 4.2% for the first 20k promo runs out."
#18
ING
5.0
(2)
"ING and BOQ have 5.5%. ING on balances up to 100k."
"Why wouldn't you just open a normal savings account somewhere with high interest (ING 5.5% at the moment)?"
#19
Cibc
5.0
(2)
"Higher interest"
"5.6% for 4 months"
#20
Amex
5.0
(2)
"If you want to keep your banking products together"
"Amex is fine."
#21
Zurich
5.0
(2)
"Expected to grow much more"
"Managed investment options for your children"
#22
Ocbc
5.0
(2)
"OCBC 360 Account is the most 'modular' account."
"A good thing to have"
#23
SoFi
5.0
(2)
"SoFi offers one of the best APY right now - 4.50%."
"The SoFi high yield savings account (HYSA) is fantastic. No minimum and an interest rate of 4.60%."
#24
Kotak
5.0
(2)
"Kotak 811 is the best zero balance account for day to day transactions."
"I have Kotak 811 and Sbi both are really amazing but I prefer kotak as it's almost always active."
#25
Ally
4.5
(2)
"Ally offer very good customer service."
"Decent"
#26
Vanguard
4.5
(2)
"We set up a bank account for each kid at birth, and then a Vanguard account."
"Vanguard Kids account - 4 options, go 'high growth' if investing for more than 7 years."
#27
Seabank
4.0
(2)
"Seabank,Go tyme & Maya👌"
"Seabank, Go tyme & Maya👌"
#28
Premium Bonds
4.0
(2)
"We did premium bonds"
"Premium bonds?"
#29
Raisin
4.0
(2)
"Using Raisin and have had no issues."
"Raisin offers competitive interest rates for savings."
#30
N26
4.0
(2)
"N26 Metal, 3% at the moment."
"N26 and Bunq - both instant access."
#31
N/A
4.0
(2)
"If you wanna find the ones with the highest interest rates"
"I just opened an isa in my own name. Less faff, high interest."
#32
UOB
4.0
(2)
"UOB Stash offers a competitive EIR of 3% for a balance of 100k, with a condition on monthly average balance."
"The UOB One account is quite good."
#33
Trading 212
4.0
(2)
"High interest rate and 1% reward on net deposits."
"Offers 4.2% interest on uninvested cash, insured up to 20K with additional private insurance of up to 1M."
#34
Junior ISA
3.5
(2)
"The highest cash Junior ISA interest rate is currently 4.75%."
"Definitely what I read is that the Junior ISAs are only worthwhile in certain circumstances and they don't allow you to access the money early."
#36
Rabobank HISA
5.0
(1)
"Rabobank HISA (250k) at 5.6% for 4 months."
#37
Macquarie Bank
5.0
(1)
"Macquarie Bank is 5.35% for the first four months and then 5% ongoing with no hoops to jump through."
#38
Booster Savvy
5.0
(1)
"Booster Savvy is one of the best, 4.25% p.a. at the moment."
#39
Federal Bank
5.0
(1)
"Well, you can check Federal Bank’s Celesta savings account. Their debit card comes with concierge including complementary airport pickups, meet and greet and so on.."
#40
Wealthify
5.0
(1)
"We have the wealthify JISA invested in an ethical plan."
#41
CIT Bank
5.0
(1)
"Super easy to open an account and APY is 4.25 -4.5, no issue with transferring money."
#42
PF
5.0
(1)
"I'm with PF, 8.50% at current."
#43
DBS
5.0
(1)
"I would recommend either DBS Multiplier Account or OCBC 360 Account."
#44
KhushHali Bank
5.0
(1)
"The best conventional bank is KhushHali bank, they are offering 16% on their bachat plus account."
#45
Asaan Account
5.0
(1)
"Open Asaan Account in different banks, all have 15% + Profit, keep 1m in each account."
#46
Al Meezan Investment Funds
5.0
(1)
"Al Meezan Investment Funds is best."
#47
NAB
5.0
(1)
"I use NAB reward savers for my kids, 5.00% pa."
#48
Goldman Sachs
5.0
(1)
"So is Marcus by Goldman Sachs (very simple, modern, and easy to use app)."
#49
Marcus by Goldman
5.0
(1)
"Marcus by Goldman is great! They have competitive rates, FDIC I insured, easy to move money and their app works great."
#50
Laurel Road
5.0
(1)
"Laurel road is one of the highest I hear about."
#51
Trust Bank
5.0
(1)
"Trust Bank, surprisingly. It gives good rates up to $500K."
#52
EQ Bank
5.0
(1)
"High-interest savings account is a good idea, consider EQ Bank or Tangerine."
#53
Rambo Bank
5.0
(1)
"Rambo bank at 5.75%."
#54
ME Bank
5.0
(1)
"ME bank 5.5%p.a"
#55
Marcus
5.0
(1)
"Great opportunity to earn cash bonuses with a high-yield savings account."
#56
Kotak 811
4.0
(1)
"Open your zero balance account on kotak 811 through online vkyc and use it as first savings account"
#57
POEMS
4.0
(1)
"Just put into mmf like Poems. 3+ percent I think."
#58
AXOS
4.0
(1)
"AXOS is back up to about 4.8%- cons- no physical bank."
#59
HSBC
4.0
(1)
"I hold an HSBC premier account, and it comes with a Premier Metal card with good benefits."
#60
Bank of India
4.0
(1)
"You can do a BOI savings account I think it is called supersaver and you get 3% I think first year in interest they do the Dirt deduction."
#61
Valley Direct
4.0
(1)
"I saw Valley Direct is at 4.80% APY - does anyone have any experience with them?"
#62
CBQ
4.0
(1)
"Wife opened a savings account with CBQ a couple of weeks ago."
#63
TymeBank
4.0
(1)
"You can get 11% with TymeBank if you give 10 days notice before withdrawal."
#64
General Banking
4.0
(1)
"I would simply open a savings account with whoever you're banking right now."
#65
Meezan
4.0
(1)
"Invest in a mutual fund. Meezan has one. Better rate of return."
#66
Fullerton SGD
4.0
(1)
"Siphon off the extra to a money market fund like Fullerton SGD."
#67
AIB
4.0
(1)
"If it's monthly saving AIB, EBS & BoI all have 3% options."
#68
My Banking Direct
4.0
(1)
"My Banking Direct or Pibank offer these rates, but make sure to verify if they are promotional."
#69
Neo Financial
4.0
(1)
"Neo financial will take 13 year olds outside of quebec and pay 4% interest on their savings account."
#70
Canara Bank
4.0
(1)
"I hv both and felt canara bank is easy and smooth in operations."
#71
Fidelity
4.0
(1)
"I’m with Fidelity they pay 4.99 for a money market and that’s guaranteed."
#72
Endowus
4.0
(1)
"I just use Endowus (Fullerton Cash Fund) and do not believe I need $100-150k in cash on hand."
#73
SBI
4.0
(1)
"If ur mom is ok with it, go for SBI."
#74
Axis
4.0
(1)
"I have axis liberty savings account and i opened it on April and maintained around 40k."
#75
HDFC
4.0
(1)
"HDFC or ICICI savings account, convert to NRE and NRO when you move."
#76
Schwab
4.0
(1)
"I keep my cash in their SWVXX Fund. 7-Day Yield (with waivers) is 4.45%."
#77
CommBank
4.0
(1)
"CommBank Dollarmites!"
#78
UOB One
4.0
(1)
"Put up to 150k in UOB One earning 4% (requires salary credit and 500 card spend)"
#79
T-Bills
4.0
(1)
"T-Bills are still good rate and safe."
#80
Nordax
4.0
(1)
"- Nordax via Raisin @ 3.25% up to 85k"
#81
HBL
4.0
(1)
"HBL has been good."
#82
Commsec
3.0
(1)
"You could use an app like Commsec Pocket (Look at the Global 100 or Diversified Equities investment options) as a starting point."
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