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Savings accounts

Step up your savings game! An ANZ savings account could help you work towards your next adventure or hit your savings goal.

If you’ve got the will, we’ve got the savings accounts which could assist you on your journey.

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Savings accounts

Calculators and tools

FAQs


Grow your savings

We have savings solutions and helpful tools for every step you take.

ANZ Plus

Exclusively in the ANZ Plus App. You'll get:

  • ANZ Plus: an everyday transact account that helps sort your spending
  • ANZ Save: a multi-goal savings account
  • No monthly account service feedisclaimer

Explore ANZ Plus

ANZ Save rate

5.00% p.a.

(total rate of standard + bonus rate)

Here's how it works: You'll get a standard rate of 0.50% p.a. on your total ANZ Save balance each month, plus a bonus rate of 4.50% p.a. when you grow your ANZ Save balance by $100 or more (on top of any interest you receive) each month.disclaimer

ANZ Online Saver

Earn interest and you could hit your savings goal sooner. 

  • Bonus interest for the first 3 monthsdisclaimer
  • No minimum balance
  • No monthly account service fee 

Apply online now

Interest

 total rate*

*Standard variable rate of + introductory bonus interest of % p.a. for the first three months.disclaimer

Explore ANZ Online Saver

Set a savings target

Serious about savings? You can set a goal in the ANZ Appdisclaimer with ANZ Progress Saver, or lock away your savings in a term deposit to help reach your savings target.

ANZ Progress Saver

You could be eligible for bonus interest.disclaimer

  • No monthly account service fee
  • No minimum balance
  • Bonus interest on your savings if you meet the eligibility criteriadisclaimer

Apply online now

In any given month you could earn:

total rate*

*Base interest of  + bonus interest of  To qualify for bonus interest, you will need to deposit at least $10 in one transaction and not make any withdrawals or transfer or incur any fees or charges during a calendar month.disclaimer

Explore ANZ Progress Saver

ANZ Advance Notice

Term Deposit

Secure your savings and you could get ahead. 

Interest

on 12 month terms. Other rates and terms available and interest rates vary for different termsdisclaimer

Investments of between $5,000 to $1,999,999. Interest paid at maturity.

You must provide 31 days' notice to ANZ if you wish to make an early withdrawal of funds from the term deposit account.

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ANZ Advance Notice Term Deposit


More banking options

Check out these other options for getting started with savings at ANZ.

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Kids, teens and youth banking

Open your child’s first savings account with us to kickstart their journey of saving and banking with ease.

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Moving to Australia

Let us help you by making banking as easy, fast and secure as possible for you from the moment you arrive in this big, beautiful country. Why choose us?

kids-banking

Solutions for investors

Manage your investment cash flow and earn interest when your balance is $10,000 or moredisclaimer disclaimerwith an ANZ Premium Cash Management Account.

What is a savings account?

Savings accounts could help you reach your savings goals. They differ from transaction or everyday accounts that would typically be used for day-to-day banking. Many savings accounts earn interest to help you grow your savings.

If you are paid by your employer into an everyday account, depending on the account, you could have the option to transfer the money to a savings account and keep that money separate from your everyday funds - and potentially earn interest.

Term deposits are also a type of savings account. If you’re looking for a way to grow your savings over a set period, a term deposit could be just the answer. Term deposits typically allow you to enjoy a known rate of return for a fixed period of time.

compare bank accounts

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Not the account you’re looking for?
We’ve got a handy tool to help you consider some other options. Our bank accounts comparison tool will show you some options side-by-side for transaction, savings and term deposit accounts.

ANZ Plus pill

There’s more than one way to save

Explore accounts and features designed to work together to suit different kinds of saving.

Discover ANZ Plus

Your questions answered

To sign up for ANZ Plus, first download the ANZ Plus app then follow the prompts.

ANZ Plus for iOS https://apps.apple.com/au/app/anz-plus/id1495738612

ANZ Plus for Android https://play.google.com/store/apps/details?id=com.anz.lotus

You can use the ANZ Plus app to view other eligible ANZ accounts, but to manage these accounts you will need to use other ANZ channels. Find out more here.

Your existing ANZ accounts are viewable in your ANZ app, ANZ Internet Banking (if you have these set up), or accessed at an ANZ branch or over the phone.

There is no cost to join ANZ Plus and no monthly account fees. Some transaction fees may still apply. Learn all about our fees at www.anz.com/plus

When using ANZ Internet Banking or the ANZ Appdisclaimer, you'll be reimbursed for any transactions on your account, provided you didn't contribute to the loss and let us know as soon as you discover itdisclaimer.

Does not apply to ANZ Plus.

Find out more about ANZ's internet banking security

Certain deposits up to a limit of $250,000 can be protected by the Australian Government’s Financial Claims Scheme.disclaimer

Contact us

For ANZ Plus

Message an ANZ Plus Coach or book a one-on-one session via the Support tab in the ANZ Plus app. 

Download the ANZ Plus app to join for free.

 

For all other ANZ accounts

Book an appointment

Locate a branch near you

Call us on 13 33 33 Mon-Fri 8.00am to 8.00pm (Sydney/Melbourne time).

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. ANZ recommends you read the ANZ Saving & Transaction Products Terms and Conditions (PDF) and the Financial Services Guide (PDF) which are available at anz.com or by calling 13 13 14 and the ANZ Plus Deposit Account T&Cs available at anz.com.au/plus before deciding whether to acquire, or continue to hold, the product. Fees, charges and eligibility criteria apply.

Falcon® is a registered trademark of Fair Isaac Corporation.

Transaction fees may apply, see the ANZ Plus Deposit Account T&Cs for details of these fees. A $10 monthly fee applies if you link your ANZ Plus account to your ANZ Plus Home Loan as an offset account.

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We use the effective daily balance of your ANZ Save account at 11:59pm (AEST/AEDT) on the last business day of the month to determine if you've met your monthly savings target. Interest rates are variable and subject to change. See the ‘Earning interest’ section of the ANZ Plus Deposit Account T&Cs for more about what’s included in your balance, how interest is calculated and how we work out if you're eligible for bonus interest. 

To be eligible for the ANZ Save account you must also hold ANZ Plus account. Any advice is general and might not be right for you. The Financial Services Guide, Target Market Determination and ANZ Plus Deposit Account T&Cs are available for your reference (see links above). You should read them before deciding to apply for or keep these products.

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Open your first ANZ Online Saver account and you'll receive an introductory fixed bonus rate of % p.a. for 3 months, on top of the ANZ Online Saver standard variable rate (currently ).  After 3 months, the ANZ Online Saver standard variable rate, applicable at that time, will apply. The introductory fixed bonus rate is only available on the first ANZ Online Saver account opened by customers who have not held an ANZ Online Saver in the last 6 months. In case of joint account holders, the introductory fixed bonus rate offer will only be received if all customers are eligible.

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The ANZ App is provided by Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Super and Insurance (if available) are not provided by ANZ but entities which are not banks. ANZ does not guarantee them. This information is general in nature only and does not take into account your personal objectives, financial situation or needs. ANZ recommends that you read the ANZ App Terms and Conditions available here for iOS (PDF) and here for Android (PDF) and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.

ANZ App for Android is only available on Google Play™. ANZ App for iPhone is only available from the App Store.

Apple, Apple Pay, Apple Watch, Face ID, iPad, iPhone and Touch ID are trade marks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android, Google Play and the Google Play logo are trade marks of Google Inc.

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Bonus 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 (currently $10) and no withdrawals, fees or charges are processed to the account on or before the last business day of that calendar month, and after the last business day of the previous calendar month. Bonus and base rates are variable and subject to change. Base interest rates are tiered. A tiered interest rate means the annual interest rate applicable to your account for a particular day can vary depending on the balance of your account on that day. This means that the rate of interest applicable on the whole balance of your account can be different depending upon the balance of your account on a particular day.

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Different interest rates apply to different investment amounts, terms and interest frequencies. Early withdrawal fees will apply and the account will incur an interest reduction in respect of the money withdrawn or transferred early. Rates current as at  and are subject to change. 

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If you withdraw funds before the maturity date of a term deposit, an administration fee of $30 will be charged and the account will incur an interest reduction in respect of the money withdrawn or transferred early in accordance with the ANZ Saving and Transaction Terms and Conditions (PDF).

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An ANZ Advance Notice Term Deposit has a 31 day notice period and is a different product to an ANZ Term Deposit. This means that if you request an early withdrawal or transfer of all or part of your funds, the funds will not be provided until the 31st day after the request (or, where that is a non-business day, on or before the next business day). An administration fee of $30 will be charged and the account will incur an interest reduction in respect of the money withdrawn or transferred early in accordance with the ANZ Savings and Transaction Product Terms and Conditions (PDF). If you may have a need in the future to immediately withdraw or transfer funds, other deposit products may be more suitable for you.

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The interest rate is tiered. This means that the balance of your account on each day determines the interest rate that applies to the whole balance of your account on that day.

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If the balance falls below $10,000 then 0% interest will be earned.

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Provided you didn’t contribute to the loss, you let us know as soon as you found out about the loss and you have complied with the Electronic Banking Conditions of Use contained in your product terms and conditions.

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The guarantee applies to the total balance held in one or more ANZ deposit accounts by each legal entity, up to a maximum amount of A$250,000. For further information please refer to the Financial Claims Scheme.

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A minimum deposit of $5,000 is required to open an ANZ Advance Notice Term Deposit or an ANZ Term Deposit. This calculator has been set to a maximum deposit of $4,999,999. If you want to invest $2,000,000 or more, please call 1800 008 177 or visit your nearest ANZ Branch to discuss your term and interest rate.

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Early withdrawal fees will apply. An administration fee of $30 will be charged and the account will incur an interest reduction in respect of the money withdrawn or transferred early. An ANZ Advance Notice Term Deposit has a 31 day notice period. This means that if you request an early withdrawal or transfer of all or part of your funds, the funds will not be provided until the 31st day after the request (or, where that is a non-business day, on or before the next business day). Refer to the ANZ Saving and Transaction Products Terms and Conditions (PDF 746kB) for further details.

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Interest rates current as at  and subject to change at any time. Different interest rates apply to each term deposit product and to different investment amounts, term lengths and interest frequencies. Early withdrawal fees may apply. Certain rates do not qualify for additional bonus interest rates and are not available in conjunction with any other bonus or special interest rate offer. For Advance Notice Term Deposits, this applies to investment terms of 3, 4, 6, 9, 11 and 12 months, as well as all term lengths of greater than 12 months. For Term Deposits, this applies to investment terms of 3, 6, 9 and 12 months as well as all term lengths of greater than 12 months.

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The principal difference between an ANZ Advance Notice Term Deposit and an ANZ Term Deposit (apart from the interest rate that applies) is that you must provide 31 days’ notice to ANZ if you wish to make an early withdrawal or transfer of all or part of your funds from an ANZ Advance Notice Term Deposit account. Further details are set out in ANZ Saving and Transaction Products Terms and Conditions (PDF 746kB).

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