ANZ
ANZ Progress Saver
Savings account with bonus interest if you meet the eligibility criteria.
Savings & transaction accountsBank updated 2 Sept 2026
At a glance
- Base rate
- 0.01%
- Bonus rate
- 3.74%
- Up to
- 3.75%
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| BonusBonus 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 (curre… | — | — | — | 3.74% | — | paid every 1 mo; Min deposit amount; Max withdrawals; When you make a single deposit of $10 or more in a month and no withdrawals |
| Penalty | — | — | — | 20.70% | — | Retail Index Rate + 8.5% |
| Variable | — | — | — | 0.01% | — | paid every 1 mo |
§ 02 — Fees · 9
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Dishonour Fee | Dishonour | $6 | — | Debited to your account on the day of the dishonour for determining whether to process a debit to your account using the Informal Overdraft facility, where that debit is declined. A Dishonour Fee is… |
| Bank Cheque Repurchase Fee | Event | $25 | — | — |
| Bank Cheque Request at ANZ Branch | Event | $10 | — | Providing bank cheques (Australian dollars only) This is a charge for issuing a bank cheque to an ANZ account holder. |
| Replacement of lost or stolen bank cheque | Event | $32.50 | — | — |
| Telegraphic transfer within Australia from your ANZ account to another account | Event | $28 | — | — |
| Electronic Transaction | Transaction | $1 | — | — |
| Overseas ATM Transaction Fee | Transaction | $5 | — | Applicable for a withdrawal from a non ANZ ATM outside Australia (per withdrawal), and debited to your account at the same time as the withdrawal is debited |
| Overseas Transaction Fee | Transaction | 3.00% of transaction | — | ANZ will charge 3% of the value of any International Transaction charged or credited to an ANZ account. It may not always be clear to you when use of your ANZ account is an International Transaction,… |
| Staff Assisted Transaction | Transaction | $2.50 | — | — |
§ 03 — Features
Instant paymentsPayIDDigital bankingFraud protectionApple PayGoogle PaySamsung PayFitbit PayGarmin Pay
- · You can qualify for bonus interest when you make at least a single deposit of $10 or more in a month and if no withdrawals, transfers, fees or charges are processed to the account in that month. Bonu…
- · Unlimited internet banking transactions
- · Set and track your savings goal Whether you're saving for something big or small, you can set a goal in the ANZ APP to help you save, and see how you're tracking. Set a savings goal today.
- · Great for kids banking Open your child’s first savings account and help to start their journey of banking with ease!
§ 04 — Eligibility & limits
- · Minimum age 12
- · Residency: You must be an Australian resident with an Australian residential and mailing address.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by ANZ under the Consumer Data Right, last changed by them on 2 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.