Best rates on offer. No fees on the account for savings account. Only trouble is no B'pay. But otherwise a great extra account to store money in.

online transactions account - the rate is one of the highest in Australia. Great service and great online banking site. Backed by NAB - top 4 bank in OZ. highly recommended. They can't do bpay at the moment tho.

One of the few bank experiences that hasn't left me frustrated. Phone service is excellent. Website is excellent. Interest rate paid is excellent.

Good customer service. Good rate on offer & you receive a higher rate for ASP (at least $200) per month.

Approximate cost: $0

If UBank isn't the most popular online banking service in Australia it is simply a mystery to me. Simple to establish an account and the best at call interest rates anywhere, up to 6.51%.

Just by adding $200 into your account a month, you can get 6.21% interest (Jun 2010) on your savings without committing to a term deposit. Yes the website is pretty badly designed and can be laggy, but who cares? Signups are a breeze too.

Best online bank going around. Easy to use and set-up. Opened a regular savings account. Best at call interest you will find. They are really sticking it up the big banks.

Just a few clicks on the net and I have my account number ready, ID verified and start earning 5.11 % interest on the Usaver, very impressive with their system.
Their call centre open 24x7 and I am not talking to someone overseas, I can even call them on Skype which cost me nothing