ANZ Access Advantage

  • ANZ
  • ANZ

  • Visa Debit or
    EFTPOS

ANZ Access Advantage Review

Review updated: 1 April 2014
Review published: 4 October 2012

What's hot:

  • No minimum balance

What's not:

  • $5 monthly fee

Mozo snapshot:

The ANZ Access Advantage account is your standard bank account with unlimited ANZ ATM access, internet and phone banking. It has a $5 monthly service fee which is value for money if you need regular branch access or teller assistance (This fee is waived if you deposit $2000 into your account each month). If you do all your banking electronically there are other fee free options on the market that are worth considering. You can also get an image of your choice on your card for free, so this could be Fluffy or Buster's chance to finally score a place in your wallet!

Key features:

There are no minimum opening deposits or minimum balance requirements with an ANZ Access Advantage account. You'll get unlimited transactions from ANZ ATMs, phone and internet banking, full branch access, and EFTPOS.

As with most everyday transaction accounts the interest on balances is minimal - 0% on balances under $50,000, 0.01% above $50,000 and 0.02% over $100,000.

The ANZ Access Advantage account comes with a Visa debit card that has PayWave access, so you can make transactions under $100 simply by flashing your card. Plus Visa debit transaction have ANZ's Falcon fraud protection monitoring so you'll have peace of mind when online shopping.

If you're heading overseas you'll need to plan carefully if you want to avoid high fees with the ANZ Access Advantage. Overseas ATM withdrawals cost $5 a pop and purchases attract a 3.0% foreign exchange commission.

Who it's good for:

The ANZ Access Advantage is particularly good for anyone who needs full branch access on a regular basis as all over the counter and teller assistance is included in the $5 monthly fee.

If you are a full time student or you deposit over $2000 each month into the account, the monthly account fee can be waived.

Any catches?

The ANZ Access Advantage account has a $1000 a day ATM withdrawal limit, so you'll need to plan in advance if you're going to make any large purchases.

How are ANZ bank accounts rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
ANZ bank account 7.6 Based on 573
ANZ bank account reviews
6.6 6.3 7.6 7.9 7.5

Read ANZ bank account reviews by the Mozo community

Latest reviews of ANZ Access Advantage

  • Keeping it real!

    1. Overall customer rating
    2. (Reviewed about 21 hours ago)

    Simply, they get it and keep it real for this family saving for that perfect dreamy holiday.  Full review 

    Simply, they get it and keep it real for this family saving for that perfect dreamy holiday.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    ANZ bank account review by Catherine from Victoria

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  • Always striving to be better

    1. Overall customer rating
    2. (Reviewed about 21 hours ago)

    ANZ have a great online banking set up. I have always found it to be easy to use and secure. Should I strike it lucky and have money to invest one day then I know ANZ have good solid interest bearing accounts also...  Full review 

    ANZ have a great online banking set up. I have always found it to be easy to use and secure. Should I strike it lucky and have money to invest one day then I know ANZ have good solid interest bearing accounts also...


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    ANZ bank account review by Andy from Queensland

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  • Easy everday use

    1. Overall customer rating
    2. (Reviewed 1 day ago)

    Online banking made easy.  Full review 

    Online banking made easy.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
      1. Trust
    Less
    ANZ bank account review by Ralph from Queensland

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  • Internet banking

    1. Overall customer rating
    2. (Reviewed 1 day ago)

    Interest rates are too high.  Full review 

    Interest rates are too high.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
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    ANZ bank account review by Tracey from Queensland

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  • Charges

    1. Overall customer rating
    2. (Reviewed 9 days ago)

    I don't like the way they charge me $5 a month just for having an account with them.  Full review 

    I don't like the way they charge me $5 a month just for having an account with them.


      1. Price
      1. Features
      1. Customer service
      1. Convenience
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    ANZ bank account review by Matt from Western Australia

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  • Show more reviews

Rates

Rates
Balances from $0: 0.00%pa.
Balances from $50,000: 0.01%pa.
Balances from $100,000: 0.02%pa
Special Rates
none
Special rate conditions
none

Fees

Account fee
$5.00
Account fee waiver
$0 monthly account fee if you deposit min. $2,000 per month
Free transactions per month
Unlimited free transactions from own-bank ATM, EFTPOS, cheque, counter withdrawals, counter deposits, phone and internet
Network ATM fee
$0.00
ATM networks
ANZ
Other bank ATM fee
$0.00
Over the counter deposit fee
$0.00
Over the counter withdrawal fee
$0.00
Eftpos fee
$0.00
Phone fee
$0.00
Internet fee
$0.00
Cheque fee
$0.00
Overseas ATM fees
$5.00
Foreign exchange commission
3.00%

Other financial bits

Minimum opening deposit
$0.00
Minimum balance
$0.00

Features

Daily atm withdrawal limit
$1,000.00
Eftpos card
yes
Mastercard debit card
no
Visa debit card
yes
Branch access
yes
Cheque book
yes
BPAY
yes
Australia post banking
no
Other restrictions
none
Other benefits
none

About ANZ

ANZ is one of the largest companies in Australia and New Zealand, with a history that stretches back over 170 years. The bank offers a range of banking and financial products to more than 5.7 million retail customers, including home loans, credit cards and debit cards, personal loans, savings and banking accounts and personal insurance. And now, with its new mobile banking application, ANZ goMoney, it's easier to do banking on the go.

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