The details shown below are for the Progress Saver
The details shown below are for the Progress Saver (Kids)
Choose the version of this product that suits you best
| Name | |
|---|---|
| | Progress Saver |
| | Progress Saver (Kids) |
Progress Saver
Progress Saver (Kids)
The ANZ Progress Saver is an account for the committed saver. It has a 0.35% ongoing bonus rate as long as you make at least a $10 deposit per month and no withdrawals, fees or charges are processed to the account.
The ANZ Progress Saver has no account fees and free unlimited transactions over the internet but the Progress Saver only comes with 1 free ANZ transaction per month (EFTPOS, phone, or branch) so do most of your banking online.
The 0.35% special ongoing bonus is all yours as long as you make a minimum monthly deposit of $10 and no withdrawals, fees or charges are processed to the account.
This savings account is good for anyone wanting a high interest savings account with some restrictions so that they are less tempted to touch their savings pot. The savings account can be opened for children of all ages but if they're under 12 the account has to be opened in the name of the adult.
This is really a savings account for people who want to do their banking online. If you want to do your banking over the phone, via the ATM or in branch With the Progress Saver you only get 1 free transaction. After which you'll have to pay $1 ($2.50 over the counter) per transaction.
Balances from $0: 0.01% p.a.
Balances from $0: 0.35% p.a.
Bonus interest when you make a single deposit of $10 or more in a month and no withdrawals, fees or charges are processed to the account.
$0.00
n/a
1 free transaction per month from phone, branch withdrawal; unlimited free transactions from internet.
n/a
n/a
n/a
$0.00
$2.50
n/a
$1.00
$0.00
n/a
$10.00
$10.00
Monthly
no
none
no
no
no
yes
no
yes
yes
no
no
none
none
none
Balances from $0: 0.01% p.a.
Balances from $0: 0.35% p.a.
Bonus interest when you make a single deposit of $10 or more in a month and no withdrawals, fees or charges are processed to the account.
$0.00
n/a
If you are under 18, you wont pay additional ANZ Transaction fees for certain additional ANZ Transactions including Staff Assisted Transactions and Electronic Transactions (for eligible customers). A withdrawal will prevent you from qualifying for bonus interest in that month.
n/a
n/a
n/a
$0.00
$0.00
n/a
$0.00
$0.00
n/a
$10.00
$10.00
Monthly
no
none
no
no
no
yes
no
yes
yes
no
no
none
none
Under 18
ANZ Bank’s online savings accounts have helped us with our family budgeting with a large number of easy to use no-fee accounts. We have money set aside for bills and can always see, at a glance, how much we have left for spending.
Read full reviewANZ Bank’s online savings accounts have helped us with our family budgeting with a large number of easy to use no-fee accounts. We have money set aside for bills and can always see, at a glance, how much we have left for spending.
ANZ is not a bank for students or small savers. The bank has a way or avoiding paying out interest and hitting its users with hidden fees and overdraw fees. I highly recommend reconsidering opening a student spending or saving account with ANZ as their benefits don’t exceed the drawbacks for being with this bank.
Read full reviewANZ is not a bank for students or small savers. The bank has a way or avoiding paying out interest and hitting its users with hidden fees and overdraw fees. I highly recommend reconsidering opening a student spending or saving account with ANZ as their benefits don’t exceed the drawbacks for being with this bank.
Closed its branch. Getting in touch for help is disappointing. It used to be the best in Tassie, now I would put it on the bottom!
Read full reviewClosed its branch. Getting in touch for help is disappointing. It used to be the best in Tassie, now I would put it on the bottom!
ANZ Progress saver is a great account for a child if they are beginning to save up. They have great customer service also.
Read full reviewANZ Progress saver is a great account for a child if they are beginning to save up. They have great customer service also.
I have this account for my son. I deposit funds each week as a start for him when he turns 18. This would be used for study, starting a business, buying a car, etc. This account accumulates savings the more I deposit into the account. The deal with my son is if he wants to get something and wants money out of the account he has to deposit half first. This teaches him money saving, the importance of money and a responsible mindset when he spends money. ANZ were very helpful in the set up of my account as well as help I've received along the way like when I've had issues or question, a resolution has been provided with ease. I have recommended this to my parent friends for their children and they have seen a growth in their child's mentality on such matters.
Read full reviewI have this account for my son. I deposit funds each week as a start for him when he turns 18. This would be used for study, starting a business, buying a car, etc. This account accumulates savings the more I deposit into the account. The deal with my son is if he wants to get something and wants money out of the account he has to deposit half first. This teaches him money saving, the importance of money and a responsible mindset when he spends money. ANZ were very helpful in the set up of my account as well as help I've received along the way like when I've had issues or question, a resolution has been provided with ease. I have recommended this to my parent friends for their children and they have seen a growth in their child's mentality on such matters.
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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1.20% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
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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
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
Newcastle Permanent
Smart Saver
0% p.a.(for $0 and over)
1.40% p.a. (for $0 and over)
Yes up to $250,000