If you want the highest interest rate on your savings (7.50% for the first 12 months) without any fees open a TeleNet Saver account with BankWest.
Similar to many other introductory bank interest rates, but this is for 12 months. New customers only!
Apply for one today.
After the intro rate is over, switch banks!
Is this the highest interest rate for savings around?
Yes — for the first 12 months of honeymoon period. After that, you can switch to RaboPlus.
Cool, thanks :-)
Make that Members Equity Bank! :)
Do you have any experience with Members Equity Bank? Do you want to share the pros and cons on their 7.50% interest saving account?
Only for new customers :( as I'm already with them b4.
After the intro rate is over, drops to 7.00%p.a.