Finty
ANZ

ANZ Premium Cash Management Account

$0 monthly fee

Cash management account for holding and managing investment funds.

Written byDavid Boyd

$0

monthly fee

Overseas spending fee
3%
Overseas ATM fee
$5
Digital wallets
Apple, Google, Samsung

Features

Debit card
Yes
Apple, Google or Samsung Pay
Apple Pay, Google Pay, Samsung Pay
PayID
Yes
Overdraft available
Not listed

Who can open it

Age to open
12 and over

How it compares

Against the other everyday accounts we compare. Typical means the middle half of them.

Monthly fee

None

Most accounts that say charge none.

Overseas spending fee

3%

Of what you spend in another currency. Typical is 3%.

Overseas ATM fee

$5

Each time you take cash out overseas. Typical is $5.

Pros and cons

Pros

  • No monthly fee. Keeping the account costs nothing, whatever you deposit.
  • Pays interest. 0.15% on your balance, which most everyday accounts don't.
  • PayID. People can pay you with your phone number or email instead of a BSB and account number.
  • Phone payments. Works with Apple Pay, Google Pay and Samsung Pay, so you can pay with your phone or watch.

Cons

Nothing stands out.

Similar accounts

Everyday accounts from other banks with similar fees.