7.1/10

Based on 28505 ANZ product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

ANZ savings accounts

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 App, it's easier to do banking on the go.

ANZ offers the following savings accounts

Rates and fees verified as correct at 24 June 2024. Other information correct at the time of writing. Advertiser disclosure.
Product Interest rate Maximum rate Govt deposit guarantee
Online Saver

1.50% p.a.(for $0 and over)

3.65% p.a. (for $0 and over)

Yes up to $250,000

Premium Cash Management

0.05% p.a.(for $10,000 to $500,000)

No Current Offer

Yes up to $250,000

Progress Saver

0.01% p.a.(for $0 and over)

4.25% p.a. (for $0 and over)

Yes up to $250,000

Progress Saver (Kids)

0.01% p.a.(for $0 and over)

4.25% p.a. (for $0 and over)

Yes up to $250,000

How are ANZ savings accounts rated?

Mozo users have rated ANZ savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of savings-accounts
ANZ savings accounts customer reviews
Overall
7.4/10
Price
6.6/10
Features
6.2/10
Customer service
7.4/10
Convenience
7.9/10
Trust
7.5/10
Based on 6293 ANZ product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent ANZ savings account reviews

ANZ Savings Account
Overall 10/10
Best bank I've used for over 20 years

Banking with ANZ has been very easy for me. I met with a bank manager years ago and set up 3 separate accounts, a savings, spendings and online saver. I was directed how to use each of these to ensure the best interest rates. I have, over the years, incurred extra $ because I know how to use my accounts. Online banking is easy to use with all information at the ready. Customer service has been exceptional. Especially one time my money started disappearing after someone had hacked my account. Funds were returned quicklly. Very positive experience with ANZ.

Read full review

Banking with ANZ has been very easy for me. I met with a bank manager years ago and set up 3 separate accounts, a savings, spendings and online saver. I was directed how to use each of these to ensure the best interest rates. I have, over the years, incurred extra $ because I know how to use my accounts. Online banking is easy to use with all information at the ready. Customer service has been exceptional. Especially one time my money started disappearing after someone had hacked my account. Funds were returned quicklly. Very positive experience with ANZ.

Price
8/10
Features
10/10
Customer service
8/10
Convenience
10/10
Trust
10/10
Less
Patrick, Victoria, reviewed 3 months ago
ANZ Progress Saver
Overall 9/10
Reliable and efficient banking, highly recommended

I’ve been a loyal customer with ANZ for 15 years and have never had an issue! The online banking portal is simple to use and navigate - from setting up regular Bpay payments to sending and receiving money, ANZ have always made it easy for me to manage my finances on my Progress Saver account. Most importantly, my personal security has never been put at risk, and that’s something to commend ANZ on alone!

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I’ve been a loyal customer with ANZ for 15 years and have never had an issue! The online banking portal is simple to use and navigate - from setting up regular Bpay payments to sending and receiving money, ANZ have always made it easy for me to manage my finances on my Progress Saver account. Most importantly, my personal security has never been put at risk, and that’s something to commend ANZ on alone!

Price
8/10
Features
9/10
Customer service
10/10
Convenience
9/10
Trust
9/10
Less
Steffi, Victoria, reviewed 3 months ago
ANZ Savings Account
Overall 3/10
Ques in branches are way too long

I have always banked with them The waiting ques in the branches are very long and annoying

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I have always banked with them The waiting ques in the branches are very long and annoying

Features
3/10
Customer service
4/10
Convenience
6/10
Trust
3/10
Less
Kate, Victoria, reviewed 3 months ago
ANZ Savings Account
Overall 6/10
Sufficient.

It collects my money from my employer and allows me to spend it. Sufficient.

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It collects my money from my employer and allows me to spend it. Sufficient.

Less
Madison, Western Australia, reviewed 3 months ago
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Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

Savings account quick links