How Much Money Do You Have When You Make $950 A Week

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Tax on income

Net income per week

Net income per month

These calculations provided by Mozo are for basic income for a single taxpayer and are estimates only. The calculations do not include rebates, loadings, levy or HECS-HELP payments. Calculations are for the 2021/22 financial year.

Savings account comparisons on Mozo - last updated 4 December 2021

Search promoted savings accounts below or do a full Mozo database search. Advertiser disclosure.

Boost Saver with Go Account

Maximum rate

standard interest rate

Govt Deposit Guarantee

1.20% p.a. (for $0 to $250,000)

0.10% p.a. (for $0 and over)

Yes up to $250,000

Bonus rate of 1.20%. Deposit $2,000 each month and make 5 eligible payments from your Go Account. If you are between 18 and 25 deposit $1,000.

Enjoy a savings account bundled with a spending account. No monthly fees. New customers can earn up to 5000 bonus Virgin Money points on purchases (conditions apply). Benefit together with a joint account
High Interest Savings Account

Maximum rate

standard interest rate

Govt Deposit Guarantee

1.35% p.a. (for $0 to $250,001)

0.25% p.a. (for $0 to $250,001)

Yes up to $250,000

Bonus rate for the first 4 months from account opening

Kick start your savings with the 4 month introductory variable rate. No fees, no minimum balance, no minimum monthly deposit and no minimum term.
Bonus Saver Account

Maximum rate

standard interest rate

Govt Deposit Guarantee

1.10% p.a. (for $0 to $250,000)

0.05% p.a. (for $0 and over)

Yes up to $250,000

Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Glide transaction account.

Winner of a Mozo Experts Choice Award 2021 in the Regular Saver category. No monthly account fees and no minimum balance requirements.
Grow Saver

Maximum rate

standard interest rate

Govt Deposit Guarantee

0.65% p.a. (for $0 and over)

0.10% p.a. (for $0 and over)

Yes up to $250,000

Make at least 1 deposit and no more than 1 withdrawal, including internal transfers or external payments.

Earn a maximum interest rate of 0.65% per year. Pay no monthly fees. Set up in-app savings goals. Benefit with joint account options.
Online Saver

Maximum rate

standard interest rate

Govt Deposit Guarantee

1.10% p.a. (for $0 to $500,000)

0.35% p.a. (for $0 and over)

Yes up to $250,000

Bonus rate for the first 4 months from account opening

No account keeping fees. No minimum balance required. Unlimited phone and internet transactions.

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^See information about the Mozo Experts Choice Savings accounts Awards

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