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 7.5 Based on 643
ANZ bank account reviews
6.5 6.3 7.5 7.9 7.5

Read ANZ bank account reviews by the Mozo community

Latest reviews of ANZ Access Advantage

  • Bad customer service

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

    Most useless bank in Australia. Very unhelpful in my time of need, don't do as they say, no respect for their customers and they don't live in our world but rather live in their own world! Would not recommend them to anyone.  Full review 

    Most useless bank in Australia. Very unhelpful in my time of need, don't do as they say, no respect for their customers and they don't live in our world but rather live in their own world! Would not recommend them to anyone.


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    ANZ bank account review by Vern from Victoria

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  • Friendly and personal banking

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

    My first bank was NAB, but I switched to ANZ after it was recommended by a friend, as I found NAB to charge a lot of fees and also did not find them to be very helpful or friendly. I now enjoy banking with ANZ as every face to face encounter I'v...  Full review 

    My first bank was NAB, but I switched to ANZ after it was recommended by a friend, as I found NAB to charge a lot of fees and also did not find them to be very helpful or friendly. I now enjoy banking with ANZ as every face to face encounter I've had with an ANZ representative has been friendly, personal and easy. Not only do they take care of your banking needs but they also take the time to ask about your personal situation. They explain all conditions very well and in simple terms, I have never encountered any hidden fees or costs. In addition, a couple of times my account was inadvertently overdrawn and when explained to customer service, they were understanding and did not charge any additional fees.


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    ANZ bank account review by Rebecca from Victoria

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  • Competitive

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

    They reward loyalty with surprising flexibility at times. Fees and charges seem reasonably standard compared to its major competitors and the online banking system is intuitively easy to understand and use. They charge 1c interest randomly from d...  Full review 

    They reward loyalty with surprising flexibility at times. Fees and charges seem reasonably standard compared to its major competitors and the online banking system is intuitively easy to understand and use. They charge 1c interest randomly from debit cards though.


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    ANZ bank account review by Stephen from South Australia

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  • Great, friendly service, and no fees

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

    ANZ has an account type which if you recieve a pension; there is no monthly account fees.So it really feels like ANZ is looking out for those struggling to pay their bills week to week.  Full review 

    ANZ has an account type which if you recieve a pension; there is no monthly account fees.So it really feels like ANZ is looking out for those struggling to pay their bills week to week.


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    ANZ bank account review by Patrick from New South Wales

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  • Low fees and great customer service

    1. Overall customer rating
    2. (Reviewed 7 days ago)

    I like this bank as they have flexible products with low fees and charges and more importantly, very friendly and helpful service.  Full review 

    I like this bank as they have flexible products with low fees and charges and more importantly, very friendly and helpful service.


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    ANZ bank account review by Deborah from Queensland

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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
If minimum monthly deposit is over $2000
Free transactions per month
unlimited free transactions from own-bank ATM, eftpos, cheque, phone, internet, branch withdrawal, branch deposit.
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
Design your ANZ Access card with an image of your choice for free.

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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