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  • ANZ Progress Saver

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    savings accounts

    • 0.01%

    • 5.26%

    • 0.01%

    • 5.26%

    Currently showing:

    Rates

    Rates
    Balances from $0: 0.01%pa
    Special Rates
    Balances from $0: 5.26%pa
    Special rate conditions
    Special rate is fixed 5.25% above the base rate of 0.01%. Make a single deposit of $10 or more and no withdrawals in that same month to earn the bonus rate.

    Features

    Atm access
    yes
    Daily atm withdrawal limit
    $
    Eftpos card
    yes
    Mastercard debit card
    no
    Visa debit card
    no
    Branch access
    yes
    Cheque book
    no
    Phone banking
    yes
    Internet banking
    yes
    Bpay
    no
    Australia post banking
    no
    Other restrictions
    none
    Other benefits
    none
    Kids ages
    under 18

    Fees

    Account fee
    $0.00
    Account fee waiver
    none
    Free transactions per month
    If you’re under 18, you won’t pay additional ANZ Transaction fees for certain additional ANZ Transactions including Staff Assisted Transactions and Electronic Transactions (for eligible customers). A withdrawal will prevent you from qualifying for bonus interest in that month.
    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
    $

    Other financial bits

    Minimum opening deposit
    $10.00
    Minimum balance
    $10.00
    Interest paid
    Monthly

    Rates

    Rates
    Balances from $0: 0.01%pa
    Special Rates
    Balances from $0: 5.26%pa
    Special rate conditions
    Special rate is fixed 5.25% above the base rate of 0.01%. Make a single deposit of $10 or more and no withdrawals in that same month to earn the bonus rate.

    Features

    Atm access
    yes
    Daily atm withdrawal limit
    $
    Eftpos card
    yes
    Mastercard debit card
    no
    Visa debit card
    no
    Branch access
    yes
    Cheque book
    no
    Phone banking
    yes
    Internet banking
    yes
    Bpay
    no
    Australia post banking
    no
    Other restrictions
    none
    Other benefits
    none
    Kids ages
    none

    Fees

    Account fee
    $0.00
    Account fee waiver
    none
    Free transactions per month
    1 free transactions from phone, own-bank ATM, eftpos, branch withdrawal; unlimited free transactions from internet.
    Network ATM fee
    $1.00
    ATM networks
    ANZ
    Other bank ATM fee
    $0.00
    Over the counter deposit fee
    $0.00
    Over the counter withdrawal fee
    $2.50
    Eftpos fee
    $1.00
    Phone fee
    $1.00
    Internet fee
    $0.00
    Cheque fee
    $

    Other financial bits

    Minimum opening deposit
    $10.00
    Minimum balance
    $10.00
    Interest paid
    Monthly

    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.

    How are ANZ savings accounts rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    ANZ savings accounts 7.2 Based on 659
    ANZ savings account reviews
    6.5 5.9 7.2 7.9 7.3

    Read ANZ savings account reviews by the Mozo community

    Latest reviews of ANZ Progress Saver

      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Great customer service and a range of products

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

        Progress Saver does help to keep the interest rate down on your mortgage as long as you have the funds to put in there. ANZ are extremely helpful with finance planning but you have to be careful not to have to many insurances etc. In other words p...       Full review 

        Progress Saver does help to keep the interest rate down on your mortgage as long as you have the funds to put in there. ANZ are extremely helpful with finance planning but you have to be careful not to have to many insurances etc. In other words paying for a service that you don't need. They could do a little better on their interest rates as I feel the greed at the the top end is disgusting but that is like all banks.


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        ANZ Progress Saver savings account review by Nicola from New South Wales

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Fantastic Customer Service and products - no fees

          1. Overall customer rating
          2. (Reviewed 5 days ago)

        The best policy for any company is phenomenal customer service, and that is what I received. Was in the branch two hours, which I set aside to learn everything there was to learn about the progress saver. The consultant even created a separate...       Full review 

        The best policy for any company is phenomenal customer service, and that is what I received. Was in the branch two hours, which I set aside to learn everything there was to learn about the progress saver. The consultant even created a separate account to put extra savings in and make it hard for me to withdraw money, meaning no card, and no transfers. The only way I could withdraw money was if I went into the branch and ask the 'hold' to be lifted temporarily whilst I withdrew what I needed. Not only was this part of the service exceptional, but I received a 5 year plan and goal to get a deposit for my first home loan. Took into consideration employment, income, location, family situation and expected loan amount. We were able to calculate how much per fortnight I needed to save and the online budget calculator made it even easier to achieve this. I was also pleased with the overdraft fee reversal which accidently occured when a business took more than I had available, the fee was applied, but waived later on. VERY impressed.


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        ANZ Progress Saver savings account review by Rodrigo from Western Australia

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Lousy interest rates for benefit customers.

          1. Overall customer rating
          2. (Reviewed 5 days ago)

        One minute the bank exempts fees, the next they charge $5.00 per month account fees without letting you know. On top of that, they pay no interest now. I am going to look to bank elsewhere as ANZ is looking more after its shareholders than its cus...       Full review 

        One minute the bank exempts fees, the next they charge $5.00 per month account fees without letting you know. On top of that, they pay no interest now. I am going to look to bank elsewhere as ANZ is looking more after its shareholders than its customers.


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        ANZ Progress Saver savings account review by Angela from Queensland

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        High rates and no account keeping fees

          1. Overall customer rating
          2. (Reviewed 10 days ago)

        I like ANZ's Progress Saver Account because they give you incentive to deposit money into your account each month (with the minimum deposit being $10)by giving you bonus interest which at most times is the highest interest rates around, and if you...       Full review 

        I like ANZ's Progress Saver Account because they give you incentive to deposit money into your account each month (with the minimum deposit being $10)by giving you bonus interest which at most times is the highest interest rates around, and if you don't put the minimum amount in for the month or make a withdrawal, you don't get the bonus interest. Another pro is you get to track your saving progress with a savings graph and a set goal amount to reach on each statement you receive. Also there are no account keeping fees.


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        ANZ Progress Saver savings account review by Stephanie from New South Wales

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Accessible money with great rates

          1. Overall customer rating
          2. (Reviewed 10 days ago)

        The ANZ Progress Saver really is an amazing offer. At the moment I am earning more interest on that account as opposed to locking all my money away in a term deposit. It's comforting to know I can access my money if needed. Great work ANZ!!       Full review 

        The ANZ Progress Saver really is an amazing offer. At the moment I am earning more interest on that account as opposed to locking all my money away in a term deposit. It's comforting to know I can access my money if needed. Great work ANZ!!


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        ANZ Progress Saver savings account review by Tiffany from New South Wales

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Good interest if you don't withdraw.

          1. Overall customer rating
          2. (Reviewed 10 days ago)

        Account give 6.00% interest provided you make a minimum deposit into the account of $10 per month. A con of the account however is if withdraw money from the account the bonus interest is lost for that month.       Full review 

        Account give 6.00% interest provided you make a minimum deposit into the account of $10 per month. A con of the account however is if withdraw money from the account the bonus interest is lost for that month.


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        ANZ Progress Saver savings account review by Daniel from Western Australia

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Customer friendly product, great customer service

          1. Overall customer rating
          2. (Reviewed 11 days ago)

        I really like the service and customer approach towards this account. it is very customer friendly and easy to maintain and use. there are no catches,and it is very easily explained from staff and the brochures are self explanatory.       Full review 

        I really like the service and customer approach towards this account. it is very customer friendly and easy to maintain and use. there are no catches,and it is very easily explained from staff and the brochures are self explanatory.


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        ANZ Progress Saver savings account review by Craig from Australian Capital Territory

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Customer service is above the rest !

          1. Overall customer rating
          2. (Reviewed 11 days ago)

        When i went to the bank i was served immediately and everything was explained to me in easy terms. The online banking is easy to follow and you can check out new products online. Any complaints are dealt with so everyone is happy.       Full review 

        When i went to the bank i was served immediately and everything was explained to me in easy terms. The online banking is easy to follow and you can check out new products online. Any complaints are dealt with so everyone is happy.


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        ANZ Progress Saver savings account review by Kathleen from New South Wales

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Great interest rate

          1. Overall customer rating
          2. (Reviewed 11 days ago)

        The ANZ bank is amazing, because I am a student I am not charged any fees which allows me to save more money and pay off uni debt. The give me great interest and all the staff I have dealt with have been more than willing to help me.       Full review 

        The ANZ bank is amazing, because I am a student I am not charged any fees which allows me to save more money and pay off uni debt. The give me great interest and all the staff I have dealt with have been more than willing to help me.


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        ANZ Progress Saver savings account review by Alicia from Victoria

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Fees : (

          1. Overall customer rating
          2. (Reviewed 11 days ago)

        We are still charged a $5 per month account keeping fee. Sure it's only $60 a year but imagine when you times that $60 by the thousands of customers they have!       Full review 

        We are still charged a $5 per month account keeping fee. Sure it's only $60 a year but imagine when you times that $60 by the thousands of customers they have!


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        ANZ Progress Saver savings account review by Nikki from Western Australia

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        After 35 years as a customer I am going elsewhere!

          1. Overall customer rating
          2. (Reviewed 11 days ago)

        Excessive bank charges, particularly for transactions. Customer pays a charge for a fixed amount of transactions per month and extra if more than that amount are conducted. Including internet transactions! If a customer has several accounts with o...       Full review 

        Excessive bank charges, particularly for transactions. Customer pays a charge for a fixed amount of transactions per month and extra if more than that amount are conducted. Including internet transactions! If a customer has several accounts with one bank (Visa card, term deposit etc) then no transactions fees should be charged.


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        ANZ Progress Saver savings account review by Andrea from Western Australia

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Don't trust the bank just because your a customer.

          1. Overall customer rating
          2. (Reviewed 12 days ago)

        They do not offer enough interest, they don't give enough information of what is needed when you open a new account, even when you are a customer.       Full review 

        They do not offer enough interest, they don't give enough information of what is needed when you open a new account, even when you are a customer.


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        ANZ Progress Saver savings account review by Carolyn from New South Wales

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Storing Cash with little return

          1. Overall customer rating
          2. (Reviewed 17 days ago)

        It is a low cost, low reward savings account. To maximize its usefulness you need to add money every month and not take anything out of it. It is easy to set up and use.       Full review 

        It is a low cost, low reward savings account. To maximize its usefulness you need to add money every month and not take anything out of it. It is easy to set up and use.


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        ANZ Progress Saver savings account review by a Mozo reviewer from Queensland

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Medium rates. customer service ok

          1. Overall customer rating
          2. (Reviewed 17 days ago)

        I like this product as it is a no fee account and you have to deposit $10 a month and have no withdrawal to get interest. I don't agree in paying fees when the bank is using your money.       Full review 

        I like this product as it is a no fee account and you have to deposit $10 a month and have no withdrawal to get interest. I don't agree in paying fees when the bank is using your money.


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        ANZ Progress Saver savings account review by Heide from New South Wales

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Making every $1 count! Wonderful service provider!

          1. Overall customer rating
          2. (Reviewed 17 days ago)

        Why I'm drawn to ANZ, is that they're often intuitive and always ahead. The interest rates are among the best, allowing me the opportunity to invest. Whether in person, on the phone, or mostly online, the customer service is always refined. Reward...       Full review 

        Why I'm drawn to ANZ, is that they're often intuitive and always ahead. The interest rates are among the best, allowing me the opportunity to invest. Whether in person, on the phone, or mostly online, the customer service is always refined. Rewards programs linked with the credit card - qantas points allowing me to travel afar. If you lose your card then be aware, it can take weeks to replace which is often a great burden to bare. With the RBA announcing ever changing rates, ANZ manages to adapt which is great. I recommend this bank to all, the services it provides assists those with large accounts or very small.


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        ANZ Progress Saver savings account review by Julia from New South Wales

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Waste of time and effort

          1. Overall customer rating
          2. (Reviewed 17 days ago)

        Penalties for using your own money from your own account??? I don't think so. This is a waste of time and effort. Have had to argue periodically with them about fees and penalties. Often gone into a branch and staff have looked the other way rathe...       Full review 

        Penalties for using your own money from your own account??? I don't think so. This is a waste of time and effort. Have had to argue periodically with them about fees and penalties. Often gone into a branch and staff have looked the other way rather than come to the counter and serve me. I'm over the ANZ and will never return.


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        ANZ Progress Saver savings account review by Peter from Victoria

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Convenient service and great personal bonuses

          1. Overall customer rating
          2. (Reviewed 17 days ago)

        I love this product because it is attached to my everyday account so I can transfer funds into and out of the account instantly and there is a direct debit and withdrawal option. No fees is a BIG bonus. The branch is a two minute walk from my hous...       Full review 

        I love this product because it is attached to my everyday account so I can transfer funds into and out of the account instantly and there is a direct debit and withdrawal option. No fees is a BIG bonus. The branch is a two minute walk from my house and so the convenience of the branch is fabulous. The people in the branch are so friendly and helpful and willing to accommodate my needs with a smile on their face!


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        ANZ Progress Saver savings account review by Amy from New South Wales

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Motivating for savers and even better rewards

          1. Overall customer rating
          2. (Reviewed 18 days ago)

        Anz helped me save for a 4 month holiday around America, Canada and the Caribbean for my 21st birthday!! The experience saving with anz was motivating and it payed off!       Full review 

        Anz helped me save for a 4 month holiday around America, Canada and the Caribbean for my 21st birthday!! The experience saving with anz was motivating and it payed off!


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        ANZ Progress Saver savings account review by Stacey from Queensland

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

        * Fees and charges are payable

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        Great Bonus rate

          1. Overall customer rating
          2. (Reviewed 18 days ago)

        This product helps you save towards a goal or whatever you are saving for and helps you reach your goals faster. The pros are that it has a decent ongoing 5.75% bonus rate. The cons are that you have to make at least a $10 deposit monthly to get t...       Full review 

        This product helps you save towards a goal or whatever you are saving for and helps you reach your goals faster. The pros are that it has a decent ongoing 5.75% bonus rate. The cons are that you have to make at least a $10 deposit monthly to get this ongoing 5.75% bonus.


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        ANZ Progress Saver savings account review by Katrina from Victoria

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      • ANZ Progress Saver (Kids) *

        ANZ Progress Saver *

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        Excellent

          1. Overall customer rating
          2. (Reviewed 18 days ago)

        Short term interest rates are the best around or they will match them or do better. The people that we have told now go to ANZ bank and are very pleased with the customer service that they provide.       Full review 

        Short term interest rates are the best around or they will match them or do better. The people that we have told now go to ANZ bank and are very pleased with the customer service that they provide.


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        ANZ Progress Saver savings account review by Allana gray from Tasmania

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