On the hunt for a savings account companion to help you manage your investment cash flow and earn interest on the balance? Well, with a 0.10% p.a. tiered variable interest rate on balances over $10,000, no ongoing account fees and unlimited free transactions via the internet, say hello to the ANZ Premium Cash Management account!
The ANZ Premium Cash Management account hits the ground running with no ongoing account fees, making it a suitable option for online traders and investors who are looking for a savings account to help manage and earn interest on cash flow.
On top of this, the ANZ Premium Cash Management account offers tiered variable interest rates ranging from 0.10% p.a. on balances over $10,000, right up to 0.25% p.a. on balances over $500,000, so the more money you save in your account, the more interest you’ll earn (interest paid monthly).
Keep in mind this account comes with a minimum opening deposit amount of $10,000 and a $1,000 minimum balance requirement that you’ll need to budget for.
The ANZ Premium Cash Management account comes with a bunch of flexible features, like unlimited free transactions made via the internet and up to 5 free transactions made via the phone, ANZ ATMs, EFTPOS and branch withdrawal.
If you’re an Aussie investor and meet the account eligibility criteria (meaning you have an Australian residential address, are over the age of 16 and have at least $10,000 set aside to cover the minimum opening deposit requirement), then the ANZ Premium Cash Management account could potentially be the right savings account fit for you.
If you do decide to go with the ANZ Premium Cash Management account, then be aware that you’ll need to come up with a $10,000 minimum opening deposit and keep a $1,000 minimum ongoing balance.
Balances from $0: 0.00% p.a.
Balances from $10,000: 0.10% p.a.
Balances from $500,000: 0.25% p.a.
n/a
n/a
$0.00
n/a
5 free transactions from phone, own-bank ATM, eftpos, branch withdrawal; unlimited free transactions from internet.
$0.50
ANZ
$0.00
$0.00
$2.50
$0.50
$0.50
$0.00
$0.50
$10,000.00
$1,000.00
Monthly
yes
none
yes
no
no
yes
yes
yes
yes
yes
no
none
none
none
The staff are always friendly and helpful and nothing is to much trouble for them. If they say they will ring you that is what they will do.
Read full reviewThe staff are always friendly and helpful and nothing is to much trouble for them. If they say they will ring you that is what they will do.
I have always had an excellent experience with the staff and customer support at both the bank and online. While the products and services they provide easily compare with other banks their customer service truly sets them apart.
Read full reviewI have always had an excellent experience with the staff and customer support at both the bank and online. While the products and services they provide easily compare with other banks their customer service truly sets them apart.
I like my local ANZ branch because of the great personal experience, staff know what they were talking about and aren't pushy, happy to continue.
Read full reviewI like my local ANZ branch because of the great personal experience, staff know what they were talking about and aren't pushy, happy to continue.
Good
Read full reviewI like it because its reliable.
Read full reviewI like it because its reliable.
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.
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0.35% p.a.(for $0 and over)
Yes up to $250,000
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0.05% p.a.(for $1 and over)
Yes up to $250,000
