Earn interest on your ANZ Save balance, including Savings Goals.
If your total ANZ Save balance is less than $250k
If your total ANZ Save balance is $250k or more
Important: Balances (also referred to as effective daily balance) are indicative.
There are reasons for this - check out 'Things you need to know'.
Things you need to know
Interest is calculated at the end of each day and paid monthly into your ANZ Save account.
One interest rate applies to your total ANZ Save balance each day. Your daily interest rate will depend on whether your total ANZ Save balance is below $250,000 or $250,000 and above.
Your balance is also known as the effective daily balance. This may be different to the balance shown as the "Total Saved" in the ANZ Plus app or the balance on your statement. It can be different because:
a transaction may not have updated the amount shown - e.g. reversals,
a transaction may have updated the amount shown but is not yet fully processed - e.g. a pending transaction,
we may not process transactions at the time, on the day or in the order that they're made, or
some transactions may have been processed and updated the amount shown, but are later adjusted.
Our interest rates, and the balances they apply to, may change. But we’ll be sure to let you know if they do. For more details check out About amounts shown and Earning interest sections of the T&Cs.
No interest on ANZ Plus balances
ANZ Plus is your everyday account for day-to-day transactions, it doesn’t earn interest. Your ANZ Save account is the place to earn great interest if your balance is less than $250,000.
Zero monthly account fees. Zip.*
You'll pay no monthly account fees on both your accounts — no kidding. And no withdrawal fees at major Australian bank ATMs.