ANZ — ANZ Progress Saver

Up to 3.75% p.a. variable savings, accessible, no lock-in.

3.75%
p.a.
8.7 Great
Product
High-Interest Savings
Issuer
ANZ
Term
At call
Min deposit
$10
Max deposit
$99,999,999
Interest paid
At maturity
Monthly fee
$0
Govt guarantee
Yes — up to $250k
Open an ANZ Progress Saver account and earn up to 4.25% p.a. bonus interest. With an automated savings plan and no monthly account service fee, you can achieve your savings goal sooner. Eligibility cr

Pros

  • Up to 3.75% p.a. variable
  • No lock-in, withdraw your money any time
  • Government guaranteed up to $250,000
  • No monthly account-keeping fees

Cons

  • Top rate requires meeting monthly bonus conditions
  • Variable rate, can change at any time
  • Needs $10/month deposit to earn the bonus rate

Overview

This account pays up to 3.75% p.a. variable when you meet the monthly bonus conditions, with interest paid at maturity. Your money stays accessible, there's no lock-in. Deposits are covered by the Government's Financial Claims Scheme up to $250,000 per person.

Who it suits

Savers who want a competitive return while keeping easy access to their cash.

Things to check

The rate is variable and can change at any time. The top rate depends on meeting monthly conditions such as minimum deposits and regular card use.

Rates, fees and product details are indicative, were accurate at the last update, and are subject to change. Confirm the current rate, terms and eligibility with the provider before applying.