The Human Way to Bank

Eligible customers could get a great variable rate of 5.40% p.a. If you’re new to ANZ Plus, ANZ Plus Growth Saver is only available if linked to an ANZ Plus Everyday account. The Financial Services Guide, Target Market Determinations and ANZ Plus Deposit Account T&Cs are available for your reference. You should read them before deciding to apply for or keep these products.

Set Savings Goals

• Our updated Bank First App will bring you a range of new features including Confirmation of Payee, an easier way to set up savings goals and streamlined menu options.
• ING can change or withdraw the additional variable rate or the additional variable rate offer at any time with notice.
• This will generally either coincide with the final day of the calendar month or the first day of a new month.
• Choose whether to withdraw funds or reinvest, or set up instructions in advance.

This is due to the Federal Government’s Financial Claims Scheme which guarantees deposits of up to $250,000 per account holder per authorised deposit taking institution (ADI). This means if the financial institution that’s holding your savings goes bankrupt, the government will reimburse you up to $250,000. Some savings accounts are marketed specifically at first home buyers who are looking to save for a house deposit. These accounts, however, are unlikely to function any differently from a regular savings account. High interest savings accounts also tend to have terms and conditions that need to be met for the account to accrue higher interest than a standard savings account. These terms and conditions are often put in place to encourage you to regularly deposit into your savings account and withdraw less, which typically results in more interest being earned.

Get the Westpac App for even easier banking

All you need to do is have a Spend account and deposit $500+ per month into any Spend, Bills, or Save accounts (not including internal transfers) to get the bonus interest rate. Everyday Round Up – automatically rounds up card purchases and saves that extra amount into your nominated Savings Maximiser. Our simple, intuitive everyday transaction account, made even better for you with user-friendly features that help you make the most of your money. If you don’t meet the criteria for the bonus interest each month, you’ll still earn the standard variable base interest rate. Your linked everyday account comes with a Debit Mastercard®.

How do high interest savings accounts work?

Refer to ANZ Saving & Transaction Products Terms and Conditions for further details about transactions processed outside of this period. It’s a great way to make those funds you don’t need to access on short notice, work even harder. But keep in mind fees and charges will apply for early withdrawals and the account will incur an interest reduction in respect of the money withdrawn or transferred early. Please refer to the ANZ Saving & Transaction Products Terms and Conditions for further information. Interest rates current as at  and subject to change at any time. Different interest rates apply to each term deposit product and to different investment amounts, term lengths and interest frequencies.

Our welcome rate applies to your first savings account on balances up to and including $250,000. The $100,000 limit applies if you use the Macquarie Authenticator App. Your applicable daily limit applies to all of the daily Pay Anyone (including PayID and PayTo) payments pokies for real money you make across all your eligible accounts linked to your Macquarie ID. If you hold a joint account, visit our help centre article for information about how this limit applies to you. All ongoing interest rates are variable and current as of 1 August 2025. If you do not wish your term deposit to be automatically reinvested, make sure you contact ANZ either before or during the ‘grace period’ following the maturity of your term deposit.

Enjoy a known rate of return for your choice of term, so you know exactly what your investment will be worth. Orange Everyday Benefits may be changed or withdrawn at any time at ING’s sole discretion. For full terms and conditions, see the Orange Everyday Terms and Conditions, the Everyday Banking Fees & Limits Schedule, Orange Everyday Benefits Schedule and the agreed utility supplier list at ing.com.au.