You're encouraged to save with the ANZ Progress Saver account. It rewards you with a competitive bonus interest rate just for making a single monthly deposit of $10 or more, and no withdrawals. Set regular transfers into your savings account from the ANZ Access Advantage everyday account, and track your progress via the ANZ App or Internet banking.
This savings account has a small minimum monthly deposit requirement compared to other savings accounts in the market, making it easy to earn the bonus interest.
Product Name
ANZ Progress Saver
Maximum Variable Rate
1.95% p.a.
Standard Variable Rate
0.01% p.a.
Bonus Variable Rate
1.94% p.a.
Introductory / Bonus Offer Conditions
The ANZ Progress Saver account pays a bonus interest rate of 1.94% p.a. when you make a single deposit of $10 or more monthly with no withdrawals.
When comparing this account with others in the market, consider the following key features.
Earn up to 1.95% p.a. when you deposit at least $10 per month and make no withdrawals
You receive a bonus interest rate of 1.94% p.a. if you deposit at least $10 by the last business day of the month and there are no withdrawals, charges or fees processed on the account in that same month. If you intend to make this deposit towards the end of the month, note that it could take a few business days to process the transaction.
Base interest rate of 0.01% p.a.
The standard interest rate on balances is 0.01% p.a.. This applies if you can't meet the requirements outlined above, so make sure you can meet the account requirements before opening this account.
$0 monthly account service fee
There is no monthly fee for an ANZ Progress Saver account.
$10 minimum opening deposit
When you open your account, you need to deposit at least 10.
Interest is calculated daily
The interest is calculated daily, and then paid monthly on the last business day of each month. It is a variable interest rate, meaning it can change at any time.
Link to any Australian bank account
You can link this account to any Australian transaction account. You can set up regular transfers from your existing Australian bank account that will ensure the $10 monthly deposit obligation is met.
Transaction fees
The first transaction conducted each month is for free. After that you will be charged $2.50 for a transaction with a teller and $1.00 for each electronic transaction. Also, if you make a transaction from your ANZ Progress Saver you won't be eligible for the bonus interest that month.
Under 18 years old
If you are under 18 years of age you can have all transaction fees waived for your account.
Accessibility
You can view your savings progress at any time using ANZ’s free Internet Banking or the ANZ App on your eligible iOS or Android device. You'll get 24/7 access with a savings graph every statement to show you how you're tracking with your saving.
Personal use only
This account can only be opened under a personal name and is not for business use. If you want to open this account for a child under 12, the account should be opened in the name of an adult but as a trust for the child.
Pros
$0 ongoing fees
Competitive bonus interest rate up to 1.95% p.a.
Small minimum monthly deposit requirement of just $10
Can be linked to any Australian everyday bank account
Cons
You can't make any withdrawals if you want to receive the bonus interest rate
Low base variable rate of 0.01% p.a. if account conditions aren't met
How do I apply for the ANZ Progress Saver?
If you like the idea of bonus interest just for making a small monthly deposit then you can apply for the ANZ Progress Saver online in less than 10 minutes.
Eligibility to apply online
Age. Anyone of any age may open an ANZ Progress Saver account, although for children under the age of 12 it is recommended that the account be opened in the name of an adult who is holding the account in trust for the child.
Residency. Only Australian residents with a valid Australian residential address may open an account. You must already be an existing ANZ customer or be able to complete the ANZ customer identification process in Australia when the account is opened.
Deposit. You will need to make an initial deposit of at least $10 when opening the account.
Account purpose. This savings account is only for use by individuals for private or domestic purposes. It is not meant for any business purpose.
Documents you'll need to supply online
Identifying documents. You will be asked to supply the number of a valid Australian identification document. This could include a driver’s licence or passport. If neither of these is available, you could use your birth certificate accompanied by another form of non-photo ID such as a utility bill.
Linked account numbers. If you are an existing ANZ customer and would like to link the savings account with your ANZ Access Advantage everyday account, you will need to be able to provide an account number.
Non-residents. If you are currently living overseas with plans on coming to Australia you will need the non-Australian resident form to complete the application.
What happens after I apply?
If you are prepared with the right documentation, filling out the application form should take only ten minutes. Once submitted, your new savings account will be opened within two business days. You can then set up automatic transfers from your everyday account to ensure you are making the minimum monthly deposit required to receive the bonus interest.
What if I'm a non-resident or not eligible to apply online?
If you intend of moving to Australia, ANZ has specialist migrant services to help you open an account before you arrive. Otherwise, if your situation is none of the above, please get in touch with ANZ over the phone or visit your local ANZ branch to open an account.
Withholding tax is tax deducted at source, in this case from the interest that is paid to you. For foreign residents, this should be at a rate of 10%. To find out whether this can be claimed back, we suggest that you get in contact with ANZ directly.
As finder.com.au is an online comparison service, we do not represent ANZ bank. In some cases, if the average account balance falls below the specified minimum in any month, ANZ may charge a monthly account service fee of $5 for that month. We suggest that you get in contact with them directly to discuss this situation.
As finder.com.au is an online comparison service, we cannot recommend specific lenders.
Withholding tax is tax deducted at source, in this case from the interest is paid to you. For foreign residents, this should be at a rate of 10%. If it’s more than 10%, please speak to ANZ directly to advise them of your residency status.
You can transfer funds to your everyday account by logging onto ANZ Internet Banking, or the ANZ iPhone or Android app. You can also transfer funds using ANZ Phone Banking. I’d recommend contacting ANZ directly to find out exactly how this is done.
In Australia, the Super Saver account is no longer available for new applicants. ANZ now offers the ANZ Smart Choice Super account, which can be opened even if you’re not already an ANZ account holder.
Yes your wife can remove her name from both of your accounts – this can be done by getting in touch with ANZ directly.
You can transfer funds from your ANZ Progress Saver to your ANZ transaction account by logging into the ANZ existing account holder centre. You can then transfer the funds from your ANZ transaction account. If you’re having trouble navigating through the site, please get in touch with the ANZ customer service team and they’ll be able to help you.
Have you tried transferring funds from your progress saver to your linked ANZ transaction account? In most cases you can only transfer funds to and from your high interest savings account through your linked transaction account. Since we are not ANZ, we don’t have access to their online banking portal. For a step by step guide, you’ll need to speak to an official representative from ANZ who has access to this portal.
You won’t be charged anything, but you’ll receive the SVR (Standard Variable Rate) rather than the MVR (Maximum Variable Rate) for that particular month. However, if you meet the conditions again this month, you’ll still receive the MVR.
Please get in touch with ANZ directly to troubleshoot the problem, it could be an internal error with your account.
Unfortunately because we don’t represent ANZ or manage their products in any way, we’re unable to help you find out more about this. I suggest you contact ANZ directly to find out why you’re not receiving the full amount of interest and are being charged extra fees.
Withholding tax is usually charged if you have an overseas residential address, or if you don’t provide your bank with your TFN or a TFN exemption. If you feel you’re still being charged this tax even if you do not fall into these categories I’d contact ANZ directly to find out more.
Please check if there are sufficient funds in your account. If it’s an internal error, such as Internet Banking not working properly, please get in touch with ANZ directly to resolve this. If you’d like to close your Progress Saver, you’ll need to transfer the funds out of the account into your Access Advantage, and then from your Access Advantage to your other everyday account. After the funds have come out of your Progress Saver, you can close it by getting in touch with ANZ.
The maximum variable rate is the standard variable rate plus the bonus variable rate. If you deposited funds into the ANZ Progress Saver and made a single deposit of $10 or more within the month, then you’ll receive the maximum variable rate for that month. If you didn’t meet this condition for the month, then you’ll just receive the standard variable rate for that particular month. If you’d like, you can use our savings goal calculator to help calculate how much you’ll receive.
Unfortunately that is incorrect. The Standard Variable Rate gets added to the Bonus Variable Rate, which gives you the Maximum Variable Rate.
Please get in touch with ANZ directly regarding how to navigate through the ANZ online banking platform.
You’ll need to provide ANZ with your Tax File Number if you haven’t done so already. If you have an overseas residential address or don’t supply your tax file number, a tax file exemption, or an Australian Business Number, your bank will by law be required to charge you this tax. You may want to contact ANZ directly if you’ve complied with the requirements.
To close your ANZ account you’ll need to call ANZ directly and request for them to close your account. You may not need the permission of the other joint account holder to close your account.
You can link this account to an everyday account with any Australian institution, so can make transfers from external accounts. You can also deposit cash into this account directly at an ANZ branch.
Please allow 2-3 business days for the funds to appear in your ‘available funds’. Sometimes when you transfer funds or deposit a cheque, the funds appear in your account but haven’t fully transferred through.
To access funds from your account firs transfer it to your linked everyday account and then access it as this account allows you to.
In the terms and conditions it states that, “If you choose partial access, you cannot make withdrawals at an ATM. In this case you can only use an ATM to make deposits, make balance enquiries and transfer funds into your ANZ Progress Saver account from other linked ANZ accounts.” Yes, you can use your ANZ Share Investing account to purchase shares when you’ve deposited funds into your ANZ Share Investing account. You can trade within 24 hours of account opening.
You’ll need to transfer the funds first to your linked account, you can then access the funds from your linked transaction account.
The ANZ online saver has bonus interest for the first four months at the time of writing. After that it reverts to the standard variable rate. The ANZ VS Plus and Premium Cash Management account is also available but both have minimum balances.
This account is for private or domestic use only. ANZ have a separate range of products available for businesses on their official website.
This will depend on who your linked account is with. In most cases, you can set your regular deposits in the payments section of your internet banking.
As long as in the previous month you made at least one deposit of the set minimum amount (currently $10) or more and made no withdrawals, fees or charges were taken from your account in the previous month, then the bonus interest should apply.
Making any withdrawals in a month will mean no interest will be paid for that month.
You can view your balance and request online statements by logging onto your ANZ website or calling them directly.
Unfortunately this account isn’t available with a passbook, and ANZ no longer offer passbook accounts.
Unfortunately this isn’t possible with this account, as the interest is only paid into the Progress Saver account.
First you’ll need to transfer the money from your ANZ Access Advantage to your linked ANZ Transaction account. Whether a fee will be charged for drawing the funds from an ANZ branch will depend on which ANZ Transaction account you hold, for example, the ANZ Access Advantage doesn’t charge for eligible staff-assisted transactions.
ANZ are obliged by law to withhold an amount from any interest paid or credited to the account holder. At the moment the withholding tax rate is 46.5% for all customers who don’t provide their TFN.
If you withdraw from this account, you’ll earn the standard variable rate listed for this account rather than the maximum variable rate.
Unfortunately you won’t be awarded the bonus interest if you make any withdrawals or debits for that month with the ANZ Progress Saver. The method you’ve mentioned above is also a way to ensure you always receive the bonus interest – though please be mindful that the interest isn’t paid on the 1st of every month, its deposited on the monthly anniversary of account opening.
You should be able to set up a direct debit to your ANZ Progress Saver – when you fill in the form, you’ll need to state the BSB and account number of your ANZ Progress Saver.
The ANZ Progress Saver isn’t available for SMSF. At the moment we don’t compare SMSF products, to find the best deal for your SMSF cash deposit you may want to consider seeing a financial planner.
The one free transaction per month refers to staff assisted or phone banking transactions. You’re allowed one free one per month and then any other staff assisted or telephone transactions will be charged until the next month rolls over. If you’re under 18 and want to open an ANZ Progress Saver, you may apply for a waiver of ANZ Transaction Fees on your ANZ Progress Saver account.
This is usually not possible with a joint bank accounts – all transfers will be recorded on your statement which is accessible by you both.
Because interest is compounded daily, it may be best to leave your money in your account for as long as you can. ANZ will pay the interest into your account every month from the date you opened your account, so the best time may be to transfer the money a day before this date.
There is no limit to the amount which can be invested, but keep in mind that the bonus interest is conditional.
If you haven’t submitted your TFN for the ANZ Progress Saver, the Australian government charges a tax for payments of the following; interest, dividends and royalties. This may occur if you haven’t supplied your Tax File Number (TFN) to ANZ. By law if you don’t do this ANZ must withhold an amount from your interest paid. It would be best to contact ANZ directly regarding this.
Unfortunately, at the moment you can’t link your progress saver to your debit card.
If you withdraw money in one month you’ll lose the bonus interest for that particular month. However, when the next month comes along and you’ve met the terms and conditions of the bonus interest rate you’ll still get the bonus interest for the new month. There’s no need to close the account and open another one for the bonus interest to apply again.
There’s no fee for closing or opening the account.
In order to qualify for bonus interest you must make at least a single deposit of $10 or more, and no withdrawals or debits in that same month. This means you would not earn the bonus rate of interest if you took money out once a month. There are some accounts in the market which still earn interest even if a withdrawal is made, you can find these on our savings account page.
To open this account you need to be an Australian resident with an Australian address and have a $10 minimum balance. If your daughter can meet these requirements then she should be able to open an account.
You can go into your local ANZ branch or contact their call centre to close your account.
Please go to your nearby branch to submit your TFN.
The bonus variable rate is the additional interest that banks may reward you with for certain conditions; such as an introductory offer or meeting their saving conditions. The standard variable rate is the interest rate you regularly receive if you don’t qualify for the bonus rate. For example, with the ANZ progress saver, you need to make a single deposit of $10 or more to qualify for the bonus interest otherwise you’ll receive the standard variable rate.
The rate is also subject to change – if you would like a fixed interest rate for your deposits you may want to consider a term deposit.
Please refer to the bonus variable rate. To qualify, in the previous month you made at least one deposit of the set minimum amount (currently $10) or more (you can make as many deposits for as much as you like throughout the month) plus no withdrawals, fees or charges were taken from your account in the previous month.
With the ANZ Progress Saver, the interest is paid into your account every month from the date you opened your account.
ANZ offer an array everyday bank accounts which do charge monthly account keeping fees, however, ANZ also offer concession accounts with discounted monthly account service fees upon eligibility. It may be an idea to get in touch with your local ANZ branch or get in contact with ANZ directly to review your situation.
Here are the fees for your transactions with the ANZ Progress Saver: Staff assisted $2.50, Electronic $1.00 and Internet banking is free. Please keep in mind that if you make withdrawals the bonus interest won’t apply for that month.
Electronic banking includes things such as EFTPOS, ATM usage and exchanging currencies.
Yes – you make payments to and from the account with an linked ANZ account.
No – you will need to open an ANZ transaction account to make payments to and from the ANZ progress saver.
You cannot directly withdraw from your ANZ Progress Saver, you will have to transfer the funds from your Progress Saver to your Access Advantage and then you can use your Visa Debit card to withdraw it. The ANZ Progress Saver is a high interest savings account and can be a useful tool for your savings goals. Otherwise, I need more information as to where it states ‘access-cheque’ so I can fully help you.
To be eligible for the bonus interest you need to make a single deposit of $10 or more in a month and no withdrawals or debits in that month.
When you make a single deposit of $10 or more in a month and no withdrawals or debits in that month you will receive the bonus variable rate. Please refer to the product table as to what the rate is.
The ANZ progress saver account can be opened as a joint account and a trust, but not with a SMSF.
According to the terms and conditions of the ANZ Progress Saver you’re eligible for the bonus interest if: ‘In the previous month you made at least one deposit of the set minimum amount (currently $10) or more (you can make as many deposits for as much as you like throughout the month).No withdrawals, fees or charges were taken from your account in the previous month.’ It doesn’t say that you need to open a new account to be eligible for the bonus interest, however it may be worth contacting ANZ to confirm this.
You don’t need to set up lump sum withdrawals for this account. You need to make a single deposit of $10 or more in a month and no withdrawals or debits in that month to receive the bonus variable interest rate. If you make a withdraw in any month, you will only get the standard variable interest rate.
To qualify for the bonus variable interest rate you need to make a single deposit of $10 or more in a month and no withdrawals or debits in that month. If you do withdraw your funds, you will still get interest but at the standard variable rate.
There is no maximum for the ANZ progress saver account.
Anyone can transfer money into these accounts via electronic funds transfer using your BSB and account number. In addition, you can make an unlimited number of payments from these accounts to anyone, but they can only be carried out online.
To check the interest rates, please refer to the ‘standard variable rate’ in our product table. For the ANZ progress saver, you’re eligible for the bonus variable if you make a single deposit of $10 or more per month and make no withdrawals or debits in that same month.
To close your savings account, you need to contact ANZ (either in branch or over the phone) to request this.
ANZ is required by law to deduct tax from any interest that you earn on your account if you don’t provide your TFN.
You may want consider our featured car loans, our reviews will contain the eligibility requirements so you can check them for the minimum age.
1. Yes, the bonus interest is lost if any withdrawals are made that month. 2. Online deposits to this saving account are free and unlimited. More than one deposit doesn’t impact bonus interest.
Yes, you can withdraw money from your ANZ Progress Saver account to your linked transaction account. And here’s how: If you log in to your ANZ account, select the ‘pay and transfer’ tab which is second from the left, at the top of the screen. From there you can select your Progress Saver account from the drop down menu in the section ‘Pay from account’. The account you pay into will be your linked transaction account.
It is true that the bonus variable bonus interest rate, is voided for each month withdrawals are made. Once the variable interest rate for that month is voided, there aren’t any additional penalties for withdrawing that I am aware of.
This account is open to existing ANZ customers and new customers. The current maximum variable interest is as stated on this page.
You will effectively lose 5.15% of your interest rate on any months you make withdrawals. Please keep in mind your account as it is set up by default will have a $1000 daily withdraw limit. Your minimum balance will have to be $10.
Yes that would be considered a withdrawal. If it done through mobile it should not be charged.
It could be that ANZ do not have your TFN, you may want to go in branch to confirm if they have your TFN on record.
It is most likely because you haven’t provided a Tax File Number (TFN) with the account, so ANZ is required by law to withhold an amount from any interest paid or credited to the account to satisfy the expected tax liability. Currently, the withholding tax rate is 46.5% for all customers who do not provide their Tax File Number (TFN). Since your daughter is a full-time student I’m assuming that she doesn’t have TFN just yet, so in this case it’s probably best to contact ANZ so they give you some advice.
Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.
Thanks for getting in touch! To get your statement of account you can register your ANZ account to ANZ’s Internet Banking. Once registered, you’ll be able to manage your eligible accounts from their online statement feature. You can also search and download two years’ worth of transaction history. View your statements from a PC or laptop to print it easily.
Hope this helps! For any further questions, feel free to reach out to us again, we’re here to help.
When checked in the terms and conditions of this account – as it is an account with variable rates, bonus and base rates are variable and subject to change. The rates changed last June 26th 2019. You can see the change on the website directly or notice will be sent usually in the statement’s inserts.
Hope this helps! For any further questions, feel free to reach out to us again, we’re here to help.
Will I be charged for multiple deposits for my ANZ progress saver account? I would like to deposit $50 every week. I would do the deposits though online banking as that is unlimited and free (no charge) but I’m worried about the “single deposit of $10 or more”. Does that mean only a single deposit is allowed for that month or just the minimum amount and minimum deposit for the month? Sorry I know it seems silly to ask but I’m quite worried. Thank you in advance!
It’s great to hear that you want to deposit $50 every week as the minimum deposit per month is $10 and you can deposit more money as you’d need. You won’t be charged for multiple deposits on your ANZ Progress Saver Account.
Yes, you can go to the branch to withdraw from your ANZ Progress Saver account. You can also do online banking by transferring to a linked transaction account and withdraw from your linked transaction account.
Thanks for getting in touch! The ANZ Progress Saver is not capable of online transaction much like how a debit card is used. This savings account is for the purpose of growing your money. As it says on the page, you will receive a bonus interest rate of 2.39% p.a. if you deposit at least $10 by the last business day of the month and there are no withdrawals, charges or fees processed on the account in that same month.
Closing my Progress Saver Acc or withdrawing most of my money in my Progress Saver Acc. For example, if my Account has gone on for 11 months without any transaction and the $10 has been added and I close the account on the 12th month, do I lose any of my interest ?
Interest is calculated and added on to your account every monthly anniversary of account opening. If you decide to close the account, it would be reasonable to proceed after the interest has been applied.
Thanks for getting in touch with Finder. I hope all is well with you. :)
Upon checking, I couldn’t find a specific answer to your question. However, generally, you can request an additional card for your account. You simply need to let the bank know about your needs. For this reason, it would be best to get in touch with ANZ to confirm.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
ANZ Progress Saver Account is designed for personal private or domestic use only, not for SMSF. This information is available on ANZ Savings and Transaction Product Terms and Conditions.
We have options for superannuation bank accounts on this page instead.
Alternatively, you can contact your superannuation fund or financial adviser for advice relating to your particular circumstances.
You can transfer funds to your everyday account by logging onto ANZ Internet Banking, or the goMoney iPhone or Android app. You can also transfer funds using ANZ Phone Banking. I’d recommend contacting ANZ directly to find out exactly how this is done.
I am thinking transfer my super fund to self manage, if I decide to keep all money to a bank account where my fortnightly employer contribution will go as well,
Question – what is the current interest rate?
> is there any hidden bank fee
> anything you can add in terms of pros and cons.
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How do I get a Statement I can print
Hi Jan,
Thanks for getting in touch! To get your statement of account you can register your ANZ account to ANZ’s Internet Banking. Once registered, you’ll be able to manage your eligible accounts from their online statement feature. You can also search and download two years’ worth of transaction history. View your statements from a PC or laptop to print it easily.
Hope this helps! For any further questions, feel free to reach out to us again, we’re here to help.
Best,
Nikki
When did ANZ reduce the rate from 2.4%? How much notification was provided?
Hi Caty,
Thanks for your inquiry.
When checked in the terms and conditions of this account – as it is an account with variable rates, bonus and base rates are variable and subject to change. The rates changed last June 26th 2019. You can see the change on the website directly or notice will be sent usually in the statement’s inserts.
Hope this helps! For any further questions, feel free to reach out to us again, we’re here to help.
Best,
Nikki
Will I be charged for multiple deposits for my ANZ progress saver account? I would like to deposit $50 every week. I would do the deposits though online banking as that is unlimited and free (no charge) but I’m worried about the “single deposit of $10 or more”. Does that mean only a single deposit is allowed for that month or just the minimum amount and minimum deposit for the month? Sorry I know it seems silly to ask but I’m quite worried. Thank you in advance!
Hi Monica,
Thanks for getting in touch!
It’s great to hear that you want to deposit $50 every week as the minimum deposit per month is $10 and you can deposit more money as you’d need. You won’t be charged for multiple deposits on your ANZ Progress Saver Account.
Hope this helps!
Best,
Nikki
Do I have to go to the bank to withdraw money from my ANZ Progress Saver account ?
Hello Chelsea,
Thank you for your comment.
Yes, you can go to the branch to withdraw from your ANZ Progress Saver account. You can also do online banking by transferring to a linked transaction account and withdraw from your linked transaction account.
Regards,
Jhezelyn
Can i make online transactions like a regular debit card with this progress saver card?
Hi Alvin,
Thanks for getting in touch! The ANZ Progress Saver is not capable of online transaction much like how a debit card is used. This savings account is for the purpose of growing your money. As it says on the page, you will receive a bonus interest rate of 2.39% p.a. if you deposit at least $10 by the last business day of the month and there are no withdrawals, charges or fees processed on the account in that same month.
Hope this clarifies!
Best,
Nikki
Closing my Progress Saver Acc or withdrawing most of my money in my Progress Saver Acc. For example, if my Account has gone on for 11 months without any transaction and the $10 has been added and I close the account on the 12th month, do I lose any of my interest ?
Hi Bill,
Thanks for getting in touch with Finder!
Interest is calculated and added on to your account every monthly anniversary of account opening. If you decide to close the account, it would be reasonable to proceed after the interest has been applied.
Hope this clarifies!
Best.
Nikki
As pensioners, we have a joint pensioner advantage account. Should we have been issued with a card each? If not, can we obtain a second card?
Hi Errol,
Thanks for getting in touch with Finder. I hope all is well with you. :)
Upon checking, I couldn’t find a specific answer to your question. However, generally, you can request an additional card for your account. You simply need to let the bank know about your needs. For this reason, it would be best to get in touch with ANZ to confirm.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
Can a SMSF use an ANZ Progress Saver Account?
Hi Marcus,
Thank you for your inquiry.
ANZ Progress Saver Account is designed for personal private or domestic use only, not for SMSF. This information is available on ANZ Savings and Transaction Product Terms and Conditions.
We have options for superannuation bank accounts on this page instead.
Alternatively, you can contact your superannuation fund or financial adviser for advice relating to your particular circumstances.
Hope this helps.
Cheers,
Jonathan
How do i transfer money from my progress saver account to my linked everyday account?
Hello Charles,
You can transfer funds to your everyday account by logging onto ANZ Internet Banking, or the goMoney iPhone or Android app. You can also transfer funds using ANZ Phone Banking. I’d recommend contacting ANZ directly to find out exactly how this is done.
I hope that helps.
Cheers,
Harold
I am thinking transfer my super fund to self manage, if I decide to keep all money to a bank account where my fortnightly employer contribution will go as well,
Question – what is the current interest rate?
> is there any hidden bank fee
> anything you can add in terms of pros and cons.
Thanks.
Hi Naz,
Thanks for your question.
Please note that the ANZ Progress Saver is only available for personal accounts and is not a SMSF product.
ANZ has a separate range of products designed for SMSFs.
You can use the ANZ Progress Saver as a personal bank account, where your employers pays your salary into it.
All the fees are disclosed through the Product Disclosure Statement.