Who offers the best superannuation savings account in Australia?
You can find the best supers on this webpage. Our analysts have compared the parameters of the funds (fees, investment options, performance, insurance offerings, etc.) and selected offers for you that may best suit you.
How do I open a superannuation account?
To open a super, you usually need to go through the following procedures:
- compare superannuation Funds and choose the one, that suits you best
- check the eligibility criteria
- apply online or visit the nearest branch
- select investment options: diversified portfolios, growth funds, ethical investment choices, or others
- provide details and documents (name, date of birth, address, Tax File Number (TFN), and others)
- nominate beneficiaries
- review the terms and receive confirmation from the bank or financial companies
Can I open a savings account for my child?
Yes, this is possible, banks can set requirements for the age of the child. The term may vary by bank, but is usually 12 years.
Calculate income on a savings account for 1 year (example):
| Amount, $ | Rate, % | % income |
| 9 000 | 0,05% | 4,50 |
| 9 000 | 0,05% | 4,50 |
| 9 000 | 0,05% | 4,50 |
| 18 000 | 3,10% | 558,00 |
| 18 000 | 3,10% | 558,00 |
| 18 000 | 3,10% | 558,00 |
| 47 000 | 3,80% | 1 786,00 |
| 47 000 | 3,80% | 1 786,00 |
| 47 000 | 3,80% | 1 786,00 |
See the similar FAQ about savings in Australian banks:
- Where do I find the CBA financial calendar?
- Where do I find the CommBank unit prices?
- Where do I find the NAB investor calendar?
- Where do I find the share price of NAB?
- Сommbank ETF fees
Details of companies offering the financial services:
Australian Military Bank
Head office’s address: 45 Clarence Street
Contact center: 1300 13 23 28
Phone: +61 2 9240 4122
Mail address: PO Box H151, Australia Square, NSW 1215
Web-site: https://www.australianmilitarybank.com.au
Swift code: AUMLAU21
ABN: 48 087 649 741
BSB: 642 170
Australian Mutual Bank
Head office’s address: 59 Buckingham Street
Contact center: 13 61 91
Phone: +61 2 9678 2111
Mail address: PO Box 881 Haymarket NSW 1240
Web-site: https://australianmutual.bank/
Swift code: CUSCAU2S
ABN: 93 087 650 726
BSB: 611 100
BankVic
Head office’s address: 505 Little Collins Street
Contact center: 61-136373
Phone: 61-136373
Mail address: Level 8, 505 Little Collins Street, Melbourne
Web-site: http://bankvic.com.au/
ABN: 33 087 651 661
BSB: 704 230
CommBank
Head office’s address: 201 Sussex Street
Contact center: 13-22-21
Phone: 61-2-8055-4001
Mail address: Level 10, Tower One, Darling Park, 201 Sussex Street
Web-site: https://www.commbank.com.au/
Swift code: CTBAAU2S
Stock code: CBA
ABN: 48 123 123 124
G&C Mutual Bank
Head office’s address: 201 Elizabeth Street
Contact center: 1-300-364-400
Phone: 61-2-9307-5400
Mail address: PO Box A253, Sydney South NSW 1235
Web-site: http://www.gcmutualbank.com.au/
Financial institution code: SGE
ABN: 72 087 650 637
BSB: 659-000
Heritage Bank
Head office’s address: 400 Ruthven St
Contact center: 13-14-22
Phone: 61-7-4694-9000
Mail address: PO Box 190 TOOWOOMBA QLD 4350
Web-site: https://www.heritage.com.au
Swift code: HBSLAU4T
ABN: 32 087 652 024
BSB: 638-603
P&N Bank
Head office’s address: 556 Wellington Street
Contact center: 13-25-77
Phone: 61-132577
Mail address: Police & Nurses Limited Level 6, 556 Wellington Street Perth WA 6000
Web-site: http://pnbank.com.au/
ABN: 69 087 651 876