Savings Account or Transaction Account?
Bank accounts come with different benefits and features. The main types of banking accounts in the sense for having your money with a bank are savings and transaction accounts.
Savings accounts are just that, for saving. These types of accounts are geared to saving your money and adding a higher rate of interest.
Transaction accounts are gear towards every day use, they usally have lower interest rates and offer reduces banking fees.
| Transaction Accounts | |||
|---|---|---|---|
 | Suncorp's Everyday Options | 6.05% p.a. | 
more info... |
 | Citibank Plus Account | 0.00% p.a. |
more info... |
| Savings Accounts | |||
|---|---|---|---|
 | St.George Direct Saver | 6.25% p.a. |
more info... |
| Suncorp eOptions | 6.05% p.a. |
more info... |
| Citibank Online Saver | 5.80% p.a. |
more info... |