What is the ANZ Plus Flex Saver?

The ANZ Plus Flex Saver is a savings account you can add to give you more flexibility to save, earn and pay. It's designed to work with the ANZ Plus Growth Saver and can be opened in the Store tab of your app.

You can use it to earn interest on money set aside for bills and expenses, and pay them directly from the account. Card payments are not available.

It earns banded interest, which means different rates apply to different parts of your effective daily balance. A higher rate applies to the first $5,000 of your balance, and a lower rate applies to every dollar after that.

For example, if you have $6,000 saved in your ANZ Plus Flex Saver, generally the higher rate will apply to the first $5,000, and the lower rate will apply to the next $1,000.

Unlike your ANZ Plus Growth Saver, the ANZ Plus Flex Saver isn't available as a joint account yet, so you’ll need to ride solo with this one.