No bank wants to help you when you have $165,000 mortgage we tried to borrow $50,000 and we got treated like we’re idiots
ANZ Plus is a horrible experience. For the past few months I had over 200K in the what they call Savings Jar as interest is only paid into that , and the monthly interest was paid. Just last month (October 2024) they made changes that only 0.5& interest is paid unless you make at least a $100 deposit. I was not aware of this until I checked the interest paid was only 0.5 % instead of 5.0% , even though my 200K was in the account untouched all along. Basically I was Robbed of around $800 ! No grace period for customers to understand these changes and communicating with them is useless. Beware of ANZ Plus, they are basically Crooks. !
ANZ plus is a great app allowing you to set savings targets. It does have a great interest rate but recently ANZ changed the terms and conditions and made it more difficult to get the top 6% interest rate.
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