Interest rate
0% p.a.(for $0 to $10,000)
Maximum rate
No Current Offer
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review ANZ Premium Cash Management - last updated: 1 September 2021

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What's hot
  • No monthly account service fee
  • Unlimited free transactions via the internet
  • 5 free transactions made via the phone, ANZ ATMs, EFTPOS & branch withdrawal.
What's not
  • No interest on balances under $10,000
Mozo snapshot

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.

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Key features

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).

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.

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Who is it good for

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), then the ANZ Premium Cash Management account could potentially be the right savings account fit for you.

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Any catches

If you do decide to go with the ANZ Premium Cash Management account, then be aware that you’ll need at least $10,000 to start earning any interest.

Details

Rates and fees information correct as at 29 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

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

Fees

$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

Other financial bits

$0.00

$0.00

Monthly

Features

yes

none

yes

no

no

yes

yes

yes

yes

yes

no

none

none

none

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