In this guide

  • Our verdict
  • Details
    • Key details
  • Key features
  • How to apply
  • Compare other savings accounts
  • Your reviews
  • Ask a question

ANZ SMSF Cash Hub Account

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Updated
Fact checked
ANZ SMSF Cash Hub
Maximum variable rate
2.05% p.a.
Base interest rate
2.05% p.a.

Our verdict

This account keeps your SMSF cash in one place so you can easily manage your funds.

Up to four SMSF trustees have access to the account, so each member of the SMSF can keep on top of the fund’s finances.

Pros

  • Pay SMSF expenses and receive investment earnings in the one account
  • Pay member pension payments (lump sum or regular payments)
  • Earn up to 2.05% on your balance
  • No account-keeping fees

Cons

  • Balances below $10,000 don’t earn interest

In this guide

  • Our verdict
  • Details
    • Key details
  • Key features
  • How to apply
  • Compare other savings accounts
  • Your reviews
  • Ask a question

The ANZ SMSF Cash Hub Account helps you keep on top of your balance, seamlessly manage your SMSF expenses and receive payments from your investments, such as rental income or dividend earnings, all from the one account.

This convenient account acts like a transaction account for your SMSF with unlimited free transactions, while also offering a competitive tiered interest rate for balances over $10,000.

Details

Key details

Product Name ANZ SMSF Cash Hub
Maximum Variable Rate 2.05% p.a.
Standard Variable Rate 2.05% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $0
Minimum Age 18

Key features

No account-keeping fees

There are no monthly account-keeping fees charged to this account.

Unlimited free transactions

This account offers unlimited free transactions. For example, you can make payments to the ATO, to your accountant or to your SMSF auditor as well as to any other service provider you might need to pay from the account. You can also pay various investment-related expenses like brokerage costs and insurance premiums.

How to apply

If you've considered all the features of this account, compared your options and are ready to apply, make sure you meet the following eligibility criteria and have the necessary documents handy.

Eligibility

  • Australian residents. All SMSF trustees must be Australian residents with an Australian residential address.
  • Registered SMSF. This account is for SMSF trustees only and is not available for personal use.

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How the Finder Score helps you find a better savings account

The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.

We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?

Read the full Finder Score breakdown

Sources
  1. ANZ SMSF Cash Hub Account information page
  2. ANZ SMSF Cash Hub Account TMD

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Alison Finder

Editorial Manager, Money

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Mobeen

September 10, 2023

Does the ANZ SMSF hub account come with a debit card?


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Alison Banney Finder

September 14, 2023

Hi, no it doesn’t. But you can make electronic payments, BPAY payments and direct debits straight from the account.


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Rochelle

June 24, 2019

Is this ANZ SMSF Cash Hub covered by Government Guarantee?


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Jhez Finder

June 24, 2019

Hi Rochelle,


Thank you for your comment.


Yes, the ANZ SMSF Cash Hub account is covered by the Australian Government’s Financial Claims Scheme. Deposits of up to $250,000 with ANZ can be covered by the Australian Government’s Financial Claims Schem, guaranteed, if anything happens to ANZ.


Regards,

Jhezelyn


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Alison Banney

Editorial Manager, Money

Alison is an editor at Finder and a personal finance journalist with over 10 years of experience, having contributed to major financial institutions and publications such as Westpac, Money Magazine, and Yahoo Finance. She is frequently quoted in media outlets like SmartCompany and SBS, offering expert insights on superannuation and money management. Alison holds a Bachelor of Communications in Public Relations and Journalism from the University of Newcastle, and has earned three ASIC RG146 certifications in superannuation, securities and managed investments and general financial advice, ensuring her expertise is fully aligned with ASIC standards. See full profile

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