Big kudos to the people at Whirlpool, maintaining the savings spreadsheet

New challenger for Top Interest Rate Savings Account in Australia

Fast Track Saver Account

- 25 years old and over; citizen or permanent resident of Australia; personal account (ie not business etc)

- bonus rate only if balance is under $250,000

- deposit $1,000 to your linked Day2Day Plus Account and the following month earns bonus interest

- 0.5% p.a. standard; bonus is 2.5% p.a. variable

Also

- needs a linked Day2Day Plus account (looks like a fee free transaction account with no account keeping fees)

- Withdrawals? looks like you can withdraw to your Day2Day Plus account with no penalties. You can transfer to other banks, from the Day2Day Plus account.

- [For transfers to other banks, in excess of $5,000 a day, a token device may be required. letters numbers Says you can get a physical one in branch and Yola says you can get a software one instead

So maybe open the account and deposit the first $1,000 a few business days before the end of the month. Then move the rest that you want to move, after the new month has started.

If 14-24 years old, there is a 4% on up to $10,000 deal here