ANZ Australia savings account and term deposit rates

Australia and New Zealand Banking Group Limited · Big four bank

ANZ's best ongoing savings rate is 5.35% p.a. on ANZ Plus Growth Saver, in months when you meet its bonus conditions. Its best term deposit pays 5.30% p.a. for 12 to 23 months on $5,000 or more.

Verified 2 Nov 2026

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Key facts

Top savings rate: 5.35% p.a.
Best term deposit: 5.30% p.a. for 12 to 23 months
Minimum term deposit: $5,000
Deposit protection: $250,000 per account holder
Credit cards: 7 cards from ANZ

What would your money earn at ANZ?

Type any amount and pick an account. Estimates are before tax and assume the rate stays the same.

Amount

Try

Account

Fixed for the term. From $5,000.

Interest over 12 months

$1,325

5.30% p.a., interest paid once a year.

ANZ 12-month ANZ Advance Notice Term Deposit$1,325

Bank Australia Term Deposit, 5.60% p.a.$1,400

That is $75 less than the best 12-month term deposit in Australia would pay on the same amount.

See what your own balance actually earned

ANZ rates

Every rate is variable. Bonus rates show as the total you earn, with the base and bonus parts underneath.

ANZ Plus Growth Saver

Bonus savings account

15 or older

5.35%p.a.

0.10% base + 5.25% bonus

To earn the bonus each month

Grow your savings by $100 or more (on top of any interest you receive) each month to earn a bonus rate with ANZ Plus Growth Saver

ANZ Progress Saver

Bonus savings account

12 or older

4.00%p.a.

0.01% base + 3.99% bonus

To earn the bonus each month

Bonus interest is subject to eligibility.

ANZ Plus Flex Saver

Savings account, no monthly conditions

15 or older

2.35%p.a.

No monthly conditions

Earn interest, pay bills and make transfers using the ANZ Plus Flex Saver.

ANZ Online Saver

Savings account, no monthly conditions

12 or older

1.60%p.a.

No monthly conditions

Online savings account with a standard variable interest rate

ANZ Pensioner Advantage Account

For retirees and pensioners

Any age

2.05%p.a.

No monthly conditions

Offers affordable and convenient banking for recipients of eligible Centrelink or Veterans' Affairs pension or allowance.

ANZ Advance Notice Term Deposit

ANZ Advance Notice Term Deposit rates, interest paid at maturity
Term	$5,000 and over
1 month	1.50%
2 months	1.75%
3 months	3.35%
4 months	3.40%
5 months	3.45%
6 months	3.50%
7 monthsStand-out term	5.00%
8 months	3.60%
9 months	3.75%
10 months	3.80%
11 months	3.85%
12 to 23 monthsBest rate	5.30%
24 to 35 months	5.00%
36 to 47 months	4.60%
48 to 59 months	4.00%

Interest paid at maturity. Terms longer than 12 months pay interest once a year. New term deposits start at $5,000.

ANZ Term Deposit

ANZ Term Deposit rates, interest paid at maturity
Term	$5,000 and over
1 month	0.05%
2 months	0.05%
3 months	0.05%
4 months	0.05%
5 months	0.05%
6 months	0.10%
7 months	0.10%
8 months	0.10%
9 months	0.10%
10 months	0.10%
11 months	0.10%
12 to 23 monthsBest rate	0.15%
24 to 35 monthsBest rate	0.15%
36 to 47 monthsBest rate	0.15%
48 to 59 monthsBest rate	0.15%

Interest paid at maturity. Terms longer than 12 months pay interest once a year. New term deposits start at $5,000.

Compare 12-month term deposits at every bank in Australia

How ANZ compares with other banks in Australia

Every bank we track in Australia, ranked by its best ongoing savings rate, with its 12-month term deposit. Verified 2 Nov 2026.

Savings and 12-month term deposit rates at every bank in Australia, 2 Nov 2026
#	Bank	Top savings rate	12-month term deposit
1	ING	5.75% p.a.Savings Maximiser, monthly conditions	5.30% p.a.Personal Term Deposits
2	St.George	5.40% p.a.Incentive Saver, monthly conditions	4.75% p.a.Term Deposit
3	Bank Australia	5.35% p.a.Bonus Saver, monthly conditions	5.60% p.a.Term Deposit
4	Teachers Mutual Bank	5.35% p.a.Momentum Saver, monthly conditions	5.35% p.a.Term Deposit
5	ANZ	5.35% p.a.ANZ Plus Growth Saver, monthly conditions	5.30% p.a.ANZ Advance Notice Term Deposit
6	Bankwest	5.35% p.a.Hero Saver, monthly conditions	5.30% p.a.Bankwest Term Deposit
7	Virgin Money	5.30% p.a.Virgin Money Boost Saver, monthly conditions	Not published
8	Macquarie	5.25% p.a.Macquarie Savings Account	5.40% p.a.Macquarie Term Deposit
9	CommBank	5.25% p.a.GoalSaver, monthly conditions	5.30% p.a.Standard Term Deposit
10	NAB	5.25% p.a.NAB Reward Saver, monthly conditions	5.30% p.a.NAB Term Deposit
11	Westpac	5.25% p.a.Westpac Life, monthly conditions	5.30% p.a.Term Deposit
12	BOQ	5.00% p.a.Simple Saver Account	5.40% p.a.myBOQ Term Deposit
13	Bendigo Bank	5.00% p.a.Bendigo Reward Saver, monthly conditions	4.90% p.a.Standard Term Deposit
14	Beyond Bank	4.90% p.a.Purple Bonus Saver, monthly conditions	4.90% p.a.Term Deposit

Who can open them, and how safe is the money?

Who can open each account

ANZ Plus Growth Saver: 15 or older
ANZ Progress Saver: 12 or older
ANZ Plus Flex Saver: 15 or older
ANZ Online Saver: 12 or older
ANZ Pensioner Advantage Account: Any age
ANZ Advance Notice Term Deposit: 12 or older, from $5,000
ANZ Term Deposit: 12 or older, from $5,000

Is my money protected?

The Australian Government's Financial Claims Scheme covers deposits at ANZ up to $250,000 per account holder.

Questions about ANZ savings and term deposits

What is ANZ's highest savings rate?

ANZ Plus Growth Saver, at 5.35% p.a. on 2 Nov 2026: a 0.10% p.a. base rate plus a 5.25% p.a. bonus. Grow your savings by $100 or more (on top of any interest you receive) each month to earn a bonus rate with ANZ Plus Growth Saver A month that misses the conditions earns 0.10% p.a.

What is the ANZ 12-month term deposit rate?

5.30% p.a. on new deposits of $5,000 or more, with interest paid at maturity. Taking the interest monthly lowers it to 5.18% p.a.

Which ANZ term deposit term pays the most?

12 to 23 months, at 5.30% p.a. with interest paid at maturity, on 2 Nov 2026.

Is my money safe with ANZ?

Deposits at ANZ are covered by the Australian Government's Financial Claims Scheme up to $250,000 per account holder.

Where do these rates come from?

From the product details ANZ publishes under the Consumer Data Right, which Woodo checks every day. We last verified them on 2 Nov 2026. ANZ does not pay Woodo, and no payment can change the order of any list.

Community

ANZ savers will soon be able to report whether their bonus rate paid out each month, and ask other savers questions.

Cards issued by ANZ

All 7 ANZ credit cards

Other banks in Australia

INGSavings 5.75% p.a.12-month 5.30% p.a.
St.GeorgeSavings 5.40% p.a.12-month 4.75% p.a.
BankwestSavings 5.35% p.a.12-month 5.30% p.a.
Teachers Mutual BankSavings 5.35% p.a.12-month 5.35% p.a.
Bank AustraliaSavings 5.35% p.a.12-month 5.60% p.a.
Virgin MoneySavings 5.30% p.a.12-month Not published

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