ANZ Save Account

- Maximum variable rate
- 4.90% p.a.
- Base interest rate
- 4.9%p.a.
Our verdict
The ANZ Save account offers up to 4.9% p.a. with no monthly deposit conditions or spending requirements to meet.
This is a simple, no-fuss savings account with a strong ongoing rate and no hoops to jump through. You can earn 4.9% p.a if your savings balance is below $249,999 without having to meet any monthly deposit requirements or transaction numbers. You can also make withdrawals and still earn the full interest rate on the account balance.
The 4.9% p.a. interest rate is only slightly lower than other leading high interest savings accounts in the market at the moment, but most other savings accounts come with several monthly conditions to meet.
Pros
-
High interest rate if your ANZ Save balance is less than $250,000
-
No deposit conditions, spend requirements or withdrawal restrictions to earn interest
-
Easily track savings progress in the ANZ Plus app
Cons
-
You earn a lower interest rate on your total balance if you save $250,000 or more
Details
Key details
Product Name | ANZ Save Account |
Maximum Variable Rate | 4.90% p.a. |
Standard Variable Rate | 4.90% p.a. |
Monthly Account Fee | $0 |
Minimum Age | 15 |
Your reviews

Alison Finder
Editor
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Richard Whitten Finder
October 23, 2023
Hi Rhiannon,
I suggest contacting ANZ directly for help with this query.

Mohammed
August 14, 2023
Can I transfer money from ANZ plus saver to ANZ everyday and savings account and is there a limit in amount that I can transfer from ANZ plus saver to savings account ?

Alison Banney Finder
August 14, 2023
You can transfer money from your ANZ Plus Saver to your ANZ Plus bank account, and then from there you can transfer to another ANZ account like you would a normal bank-to-bank transfer.

Nicole
August 01, 2023
Can the ANZ Plus account be opened as a Joint account?

Jason Loewenthal Finder
September 08, 2023
Hi Nicole,
According to ANZ, joint accounts are not available at the moment. You can read more about it here: https://www.anz.com.au/plus/support/opening-accounts/joint-accounts/
I hope that helps.
Thanks,
Jason
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Mick
July 22, 2023
Hi,
Is the interest accrued on a monthly basis

Raj Lal Finder
August 15, 2023
Hi Mick,
Interest rate is calculated on a daily basis.
Thanks
Raj

Mick
July 22, 2023
Hi,
Is the interest accrued on a monthly basis?

Raj Lal Finder
August 15, 2023
Hi Mick,
Interest rate is calculated on a daily basis.
Thanks
Raj
Rhiannon
October 18, 2023
How many accounts can one person have?
Am i able to have multiple ANZ Save Accounts?