The ANZ Online Saver has an introductory savings rate of 0.30% and fee friendly features like no account fees and minimum balance requirements. It also comes with BPay functionality so you can pay bills directly from the account.
Stash your cash and reap in the rewards! The 0.30% bonus rate is available for the first three months for new accounts. After the bonus rate period, the interest rate drops to 0.05%. Interest is calculated daily and paid into your account on a monthly basis.
You'll have to do all your transactions through phone or internet banking with the ANZ Online Saver as there is no ATM card or branch access. But the upshot to this is you'll never be slugged with transaction and account fees. Unlike many other online savings accounts where you have to transfer funds to a linked account to pay bills, the ANZ Online Saver features Bpay functionality so you can do all your banking direct from the account.
You can even open multiple ANZ Online Saver accounts under one name if you're keen to save for a number of goals. Since no minimum deposit amount is required, this means that you can whip out your wish list and tick each one off as the interest earnings come in.
If you're looking for a high interest savings account that lets you save for multiple goals, your cash will find itself right at home with the ANZ Online Saver.
The 0.35% introductory interest rate is only offered to new ANZ customers. You'll also need to open an everyday ANZ bank account in order to access the funds in your ANZ Online Saver account.
Balances from $0: 0.05% p.a.
Balances from $0: 0.30% p.a.
Bonus rate for the first 3 months from account opening. The bonus rate offer is only available to new ANZ Online Saver customers who have not held an ANZ Online Saver account during the last 6 months, and apply online. Offer not available to beneficiaries for an ANZ Online Saver account held on trust within the past 6 months
$0.00
n/a
unlimited free transactions from phone and internet
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
n/a
$0.00
$0.00
Monthly
no
none
no
no
no
no
no
yes
yes
yes
no
Must be linked to ANZ deposit account.
none
none
When dealing with an issue and waiting for a team member to help you with your issue. For example, a transaction that you don't recognise in your account. You never get the right information and they don't communicate well with each other, especially getting transferred to a different department. And you feel like a broken record explaining everything. And the worst part is when you call back and ask about what's happening with your issue. You have to explain again from the beginning and given a different answer. They keep saying sorry for giving you the wrong information but they never do anything about it.
Read full reviewWhen dealing with an issue and waiting for a team member to help you with your issue. For example, a transaction that you don't recognise in your account. You never get the right information and they don't communicate well with each other, especially getting transferred to a different department. And you feel like a broken record explaining everything. And the worst part is when you call back and ask about what's happening with your issue. You have to explain again from the beginning and given a different answer. They keep saying sorry for giving you the wrong information but they never do anything about it.
It’s an average bank it has its ups and down like a con is that there’s no careless cash but a pro is ived never had a problem and ived been with them since I was 10 years old
Read full reviewIt’s an average bank it has its ups and down like a con is that there’s no careless cash but a pro is ived never had a problem and ived been with them since I was 10 years old
I have been with ANZ for 10 years now and I've never had any major issues or inconveniences occur. The customer service is always to a high standard and the bank rewards loyal customers with loyalty back, e.g. refunding stolen money to those who don't often claim theft. That being said there are a few features that would make it an even better experience including cardless cash and a few more minor improvements like a possible rewards program for new and long term customers.
Read full reviewI have been with ANZ for 10 years now and I've never had any major issues or inconveniences occur. The customer service is always to a high standard and the bank rewards loyal customers with loyalty back, e.g. refunding stolen money to those who don't often claim theft. That being said there are a few features that would make it an even better experience including cardless cash and a few more minor improvements like a possible rewards program for new and long term customers.
Apple Pay and the ability to tap your phone at ATMS was the best. However when it comes to support they are terrible. Worst exeriences in all branches and phone support too.
Read full reviewApple Pay and the ability to tap your phone at ATMS was the best. However when it comes to support they are terrible. Worst exeriences in all branches and phone support too.
Good service and excellent help with the falcon if need with online banking as I needed once when I was scammed.
Read full reviewGood service and excellent help with the falcon if need with online banking as I needed once when I was scammed.
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.
MyState Bank
Bonus Saver Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Serious Saver
0.30% p.a. (for $0 to $1,000,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Grow Saver
0.65% p.a. (for $0 and over)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Bank of Queensland
Fast Track Saver Account
1.05% p.a. (for $1 to $250,000)
0.05% p.a.(for $1 and over)
Yes up to $250,000
Bankwest
Hero Saver
0.70% p.a. (for $0 to $250,001)
0.01% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Citi
Online Saver
1.10% p.a. (for $0 to $500,000)
0.35% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Flexi Saver
0.25% p.a. (for $0 to $5,000,000)
0.05% p.a.(for $0 to $5,000,000)
Yes up to $250,000
MyState Bank
Bonus Saver Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Grow Saver
0.65% p.a. (for $0 and over)
0.10% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Serious Saver
0.30% p.a. (for $0 to $1,000,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Bank of Queensland
Fast Track Saver Account
1.05% p.a. (for $1 to $250,000)
0.05% p.a.(for $1 and over)
Yes up to $250,000
Bankwest
Hero Saver
0.70% p.a. (for $0 to $250,001)
0.01% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Citi
Online Saver
1.10% p.a. (for $0 to $500,000)
0.35% p.a.(for $0 and over)
Yes up to $250,000
HSBC
Flexi Saver
0.25% p.a. (for $0 to $5,000,000)
0.05% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Bankwest
Hero Saver
0.01% p.a.(for $0 to $5,000,000)
0.70% p.a. (for $0 to $250,001)
Yes up to $250,000
ANZ
Progress Saver
0.01% p.a.(for $0 and over)
0.35% p.a. (for $0 and over)
Yes up to $250,000
Newcastle Permanent
Smart Saver
0% p.a.(for $0 and over)
1.40% p.a. (for $0 and over)
Yes up to $250,000
Auswide Bank
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
1.51% p.a. (for $0 and over)
Yes up to $250,000