ANZ Access Advantage

  • ANZ
  • ANZ

  • Visa Debit or
    EFTPOS

ANZ Access Advantage Review

Review updated: 25 November 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

  • Great customer service

    1. Overall customer rating
    2. (Reviewed 4 days ago)

    In the 20 years I have been ANZ they've always been good and never let me down. They deal with issues promptly and solve them there and then.  Full review 

    In the 20 years I have been ANZ they've always been good and never let me down. They deal with issues promptly and solve them there and then.


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    ANZ bank account review by Jolene from Victoria

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  • Not the best. Doesn't show payments immediately.

    1. Overall customer rating
    2. (Reviewed 4 days ago)

    On the whole, I do like ANZ as my bank..or I did anyway! My only issue I have experienced, and the reason why I have recently moved my account to another provider, is their banking processes for payment & BPAY payment during weekends and/or public...  Full review 

    On the whole, I do like ANZ as my bank..or I did anyway! My only issue I have experienced, and the reason why I have recently moved my account to another provider, is their banking processes for payment & BPAY payment during weekends and/or public holidays. If you make a payment on a Friday or during the weekend, this payment does not seem to process until the next working business day. However, this doesn't seem to be the case with other banks. This has caused issues in the past where companies have not received payments, even though I processed the payment prior to the required date (falling over a weekend/public holiday causes too many issues).


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    ANZ bank account review by Adam from South Australia

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  • Great customer service

    1. Overall customer rating
    2. (Reviewed 8 days ago)

    Some managers are excellent! Some are hopeless - 4 weeks to fix a loan and consolidate two loans into one and she still got it wrong - Dispute resolution team was unhelpful - withdrew one sizeable account from the bank.  Full review 

    Some managers are excellent! Some are hopeless - 4 weeks to fix a loan and consolidate two loans into one and she still got it wrong - Dispute resolution team was unhelpful - withdrew one sizeable account from the bank.


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    ANZ bank account review by Adrienne from New South Wales

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  • Good customer service without additional charges.

    1. Overall customer rating
    2. (Reviewed 8 days ago)

    This Access savings account is great as you're not being charged for counter service if you like doing your banking transactions with real people, rather than an ATM or have a general distrust of ATMs.  Full review 

    This Access savings account is great as you're not being charged for counter service if you like doing your banking transactions with real people, rather than an ATM or have a general distrust of ATMs.


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    ANZ bank account review by Lisa from Western Australia

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  • ANZ, absolute complete financial package

    1. Overall customer rating
    2. (Reviewed 8 days ago)

    I have been with the ANZ for almost 16 years. The personnel are always polite and knowledgeable and bend over backwards to help you. Their products are workable and honest, but like any financial institution one needs to keep abreast of new produ...  Full review 

    I have been with the ANZ for almost 16 years. The personnel are always polite and knowledgeable and bend over backwards to help you. Their products are workable and honest, but like any financial institution one needs to keep abreast of new products and touch base with a financial adviser to ensure these products are right for their situation and review annually. Their on line banking and website is user friendly and I can check my account balance daily, plan future payments whilst I'm away, and schedule and edit utility payments accordingly - ANZ are awesome.


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    ANZ bank account review by Claire from Western Australia

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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%
Debit card service fee

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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