ANZ Progress Saver
Bonus rate
Savings account with bonus interest if you meet the eligibility criteria.
- Base rate up to
- 0.01%
- Introductory rate
- None
- Maximum balance
- None published
Rate with bonus, up to
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| Any balance | 0.01% | +3.99% | 4.00% |
How to earn the bonus
Bonus interest is subject to eligibility. ANZ Progress Saver pays bonus interest (in addition to the current variable base interest) in respect of a particular month if the set minimum deposit (currently $10) and no withdrawals, fees or charges are processed to the account on or before the last business day of that calendar month, and after the last business day of the previous calendar month. Bonus and base rates are variable and subject to change.
Who can open it
- Age to open
- 12 and over
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
4.00%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.01%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
Nothing stands out.
Cons
- A low base rate. Only 0.01% in any month you miss the bonus conditions.
- Conditions for the bonus. You need to meet them every month, or you earn only the base rate.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 4.00%
- Bonus conditions
- None
- Most it pays
- 4.00%
- Bonus conditions
- None
- Most it pays
- 4.00%
- Bonus conditions
- None
