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ANZ Progress Saver

Start saving for your future and you could be rewarded. Sounds good right? You could earn up to interest when you make a single deposit of $10 or more in a month and no withdrawals.disclaimer

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Get started with ANZ Progress Saver

How bonus interest works

Deposit at least $10

Make at least a single deposit of $10 or more in a month.disclaimer


Make no withdrawals

Make no withdrawals (including transfers), or incur any fees and charges in the month.


In any given month you could earn

Total rate*

*Base interest  + bonus interest

Can't make a deposit or need to make a withdrawal in a month?

That’s OK, you’ll still get the base rate of interest and will be eligible to qualify for bonus interest again the following month.

Base rate of interest



  • Qualify for bonus interest when you make at least a single deposit of $10 or more in a month and no withdrawals.disclaimer
  • Enjoy no monthly account service fees.
  • It’s great for Kids Bankingdisclaimer. ANZ Progress Saver makes it easy for kids to watch their savings grow.
  • Under 18s can apply for a ANZ transaction fees waiverdisclaimer.
  • Eligible for the set a savings goal ANZ Appdisclaimer feature

Things to consider

  • You won’t be eligible for bonus interest if you don’t make a deposit of at least $10 in a month.
  • Bonus interest will not apply for the month if you make a withdrawal or incur any fees or charges.
  • Setting up an automated monthly transfer from your linked ANZ everyday banking account so you can avoid forgetting to make a deposit. 
  • Looking for a more flexible saving option? Try our Online Saver Accountdisclaimer.
  • You receive one fee free ANZ Transaction. Other charges may apply after the first ANZ transaction.  Please refer to fees below.disclaimer


Withdrawal fees

In any month, your first ANZ Transaction incurs no fees (but it will disqualify you from earning bonus interest for that month). From your second ANZ transaction onwards, the following fees and charges apply:

  • App and Internet Banking Transactions: $0.00 each
  • Electronic Transactions: $1.00 each
  • Staff Assisted Transactions:  $2.50 each

Get the ANZ App

Join over 3 million users who are taking care of the day to day with the ANZ Appdisclaimer. Check your balance, pay bills or set a savings goal* to help you save for that much-needed holiday, your new home, just for a rainy day or whatever matters most.


* Available on ANZ Online Saver and ANZ Progress Saver accounts.

Get more from your account

Saving tips

We've put together some tips to help you start saving and make saving part of your daily routine.

Learn more 


Kids Banking

ANZ Progress Saver makes it easy for kids to watch their savings grow. Kick start their savings journey today and help them save for their future.disclaimer

Learn more 


Saver Plus

Complete the program and ANZ will match your savings, up to $500, toward education-related expenses for you or your children. Find out if you're eligible to participate.

Learn more

Go the distance with ANZ Term Deposits 

If you’re looking for something more long term, then an ANZ Term Deposit account might be the one for you. Enjoy a known rate of return for your choice of term.

Learn more 


Are you a concession card holder?

If you are a concession card holder or receiving Government benefits, you may be eligible for one of ANZ's concession everyday bank accounts. Find out more about our concession accounts - ANZ Pensioner Advantage and ANZ Access Basic.

Understand more

For ANZ Online Saver accounts, ANZ Access Advantage accounts, ANZ Progress Saver accounts, ANZ Premium Cash Management Accounts and ANZ Pensioner Advantage accounts we will work out interest on the balance of your account at the end of each day. 

Learn more

Use our calculators to estimate how much interest you could earn.

Savings Calculator

We will pay the base interest and, if applicable, the bonus interest calculated for each calendar month into your account on the last business day of that month.

Learn more

When using ANZ Internet Banking or the ANZ App, you’ll be reimbursed for any unauthorised transactions, provided that you have complied with the Electronic Banking Conditions of Use.

Find out more about ANZ's internet banking security

Some extra peace of mind for banking in Australia. Deposits of up to $250,000 with ANZ can be covered by the Australian Government’s Financial Claims Schemedisclaimer. This means that this money is guaranteed if anything happens to ANZ.

Contact Us

Make an appointment

Contact us to make an appointment.

Get in touch

Call us

General enquiries.

13 13 14

Visit a branch

Locate an ANZ branch near you. 

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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 427kB) and the Financial Services Guide (PDF 112kB) which are available at or by calling 13 13 14 before deciding whether to acquire, or continue to hold, the product. Fees, charges and eligibility criteria apply.

Apple, the Apple logo, iPhone and iPad are trademarks 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 trademarks of Google Inc.

BPAY®  is registered to BPAY Pty Ltd ABN 69079137518.

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.


For children under 12, a parent or guardian will need to open the account in Trust for the child. Customers aged 12 to 17 who can sign a consistent satisfactory signature can open an account in their own name or as a joint account with a parent or guardian.


Customers aged under 18 need to show proof of age at an ANZ branch in order to receive their transaction fees waiver. Fees and charges apply. Please refer to ANZ Personal Banking Account Fees and Charges (PDF 544kB) for fees and charges that apply.


The ANZ App is provided by Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Super, Shares 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 and here for Android and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.


ANZ Online Saver is only available to customers who open or who are the account holders of, or signatories to, eligible ANZ everyday banking accounts with ANZ Internet Banking or ANZ Phone Banking access. Eligible accounts include ANZ Access Advantage, ANZ Access Select, ANZ Access Basic, ANZ Pensioner Advantage, ANZ Progress Saver, ANZ V2 PLUS and ANZ Premium Cash Management Account. Terms and conditions and fees and charges apply to the eligible account.


One fee-free ANZ Transaction per month. Additional ANZ Transactions charged as: Electronic Transactions $1.00 each, Staff Assisted Transactions $2.50 each. ANZ Internet Banking transactions are free. ANZ Transactions, Electronic Transactions, Staff Assisted Transactions and Internet Banking Transactions are defined in the ANZ Personal Banking Account Fees and Charges (PDF 132kB) booklet. Any withdrawals in a particular month, including those that are free of charge, will disqualify you from bonus interest for that month.


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.