RateCity.com.au
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  4. Progress Saver

Progress Saver

  • Bonus interest with conditions
  • App banking
  • Online banking

Maximum rate p.a.

4.25%*

Base rate p.a.

0.01%

Progress Saver

  • Bonus interest with conditions
  • App banking
  • Online banking

Maximum rate p.a.

4.25%*

Base rate p.a.

0.01%

RateCity says

"A savings account with no ongoing fees and extensive national branch and ATM access."

Pros and Cons

For Progress Saver

Benefits

  • Better than average maximum interest rate
  • Ongoing bonus interest (conditions apply)
  • No ongoing account fees

Drawbacks

    ANZ Rate Savings Account overview

    For Progress Saver

    Account Details

    Maximum rate p.a.

    4.25%*

    Minimum age restrictions

    12

    Base rate p.a.

    0.01%

    Maximum age restrictions

    Maximum rate condition

    *Make a single deposit of $10 or more and no wi...

    Minimum opening deposit

    $10

    Interest calculation method

    Whole Balance

    Target Market Determination

    Visit ANZ Banking Group Limited to view Target Market Determination.

    Features

    Joint application available

    Is online only

    Linked account required

    Methods of Access

    Internet facility

    ATM access

    Phone facility

    Eftpos facility

    Branch access

    App

    App only

    Fees

    Account keeping fees

    $0

    Eftpos fee

    $1

    ATM withdrawal fee

    $1

    Overseas eftpos fee

    $5

    Internet transaction fee

    $0

    Over the counter deposit fee

    $0

    Phone transaction fee

    $1

    Over the counter withdrawal fee

    $2.5

    Promoted savings account products

    Rabobank Australia

    High Interest Savings Account

    Real Time Rating™

    • 2024 Award Winner
    • Intro offer rate
    • Online banking

    Maximum rate p.a.

    5.75%

    intro 4 months then 4.40%

    Base rate p.a.

    4.40%

    MyState Bank Limited

    Bonus Saver Account

    Real Time Rating™

    • 2024 Award Winner
    • Bonus interest with conditions
    • App banking
    • Online banking

    Maximum rate p.a.

    5.00%*

    Base rate p.a.

    0.05%

    IMB Limited

    Reward Saver

    Real Time Rating™

    • Bonus interest with conditions
    • Intro offer rate
    • App banking
    • Online banking

    Maximum rate p.a.

    5.25%

    intro 4 months then 3.25%*

    Base rate p.a.

    Not Applicable

    Westpac Banking Corporation Ltd

    Westpac Life - 18 to 29 years old

    Real Time Rating™

    • 2024 Award Winner
    • Bonus interest with conditions
    • App banking
    • Online banking

    Maximum rate p.a.

    5.20%*

    Base rate p.a.

    2.00%

    product data updated on

    Product data updated on 26 Apr 2024