ANZANZ Progress Saver
Savings account with bonus interest if you meet the eligibility criteria.
At a glance
- Up to
- 4.00%
- Base rate
- 0.01%
- Bonus rate
- 3.99%
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
What a bonus account pays in a month its conditions aren't met. One dot per institution, at its highest base rate on a bonus savings account anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Bonus savings accountBase plus bonus, when every condition is met | 4.00% | 5.75%Defence Bank Limited's iSaver | 5.25%of 51 institutions | 45th highest of 51 |
| Bonus account, conditions missedWhat a bonus account pays in a month its conditions aren't met | 0.01% | 3.45%Heritage's Online Saver Account | 0.10%of 43 institutions | 36th highest of 43, level with 7 others |
Rates
Every rate ANZ publishes for this account, 3 in all.
How the rate is made up
4.00%in a month every condition is met
To earn the bonus
- Min deposit amount
- Max withdrawals
| 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… | - | - | - | 3.99% | - | 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 | - | - | - | 20.95% | - | Retail Index Rate + 8.5% |
| Variable | - | - | - | 0.01% | - | paid every 1 mo |
Rate changes
2 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 9 Oct 2026 | Bonus | 3.74% | 3.99% | up 0.25 |
| 9 Oct 2026 | Penalty | 20.70% | 20.95% | up 0.25 |
Each change is logged the night it appears in the rates ANZ publishes. See how every lender answered the RBA on the rate tracker.
Fees
9 fees published, grouped by when they're charged.
When you make a transaction4
- Electronic Transaction$1
- Overseas ATM Transaction Fee
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
$5 - Overseas Transaction Fee
ANZ will charge 3% of the value of any International Transaction charged or credited to an ANZ account.
3.00% of transaction - Staff Assisted Transaction$2.50
If a payment is late or fails1
- Dishonour Fee
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…
$6
When particular things happen4
- Bank Cheque Repurchase Fee$25
- Bank Cheque Request at ANZ Branch
Providing bank cheques (Australian dollars only) This is a charge for issuing a bank cheque to an ANZ account holder.
$10 - Replacement for lost or stolen bank cheque$32.50
- Telegraphic transfer within Australia from your ANZ account to another account$28
Features
- 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.
Eligibility and limits
- Minimum age 12
- Residency: You must be an Australian resident with an Australian residential and mailing address.
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Published by ANZ under the Consumer Data Right, last changed by them on 9 Oct 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.