Pays 3.75% p.a. total (0.01% base plus 3.74% bonus) as of 17 September 2026. Ranks 86th of 93 savings accounts tracked by BankMate, 1.11 points below the average of 4.86%. The rate last rose on 15 May 2026, 9 days after the RBA raised the cash rate to 4.35%.
3.75%p.a.
0.01% base + 3.74% bonus · bonus up to $250,000 · variable
Rate over time
Total rate, conditions met- ANZ Progress Saver
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Mar 2026: ranked 69 of 74
- Apr 2026: ranked 81 of 88
- May 2026: ranked 84 of 91
- June 2026: ranked 83 of 91
- July 2026: ranked 85 of 92
- Aug 2026: ranked 85 of 92
- Sept 2026: ranked 86 of 93
Mar 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
Mostly outside the top half of accounts over the last 7 months: from #83 of 91 in June 2026 to #69 of 74 in Mar 2026.
Changes
1 on record since 27 Mar 2026- 3.50 → 3.75Bonus rate · 9 days after the RBA rise to 4.35%+0.25
Conditions for the bonus rate
Checked each month- Monthly deposits
- $10/month
- Withdrawals
- Not allowed
- Balance range
- $0 - $250,000
- Age
- 12+ years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $250k
3.75%Notes from savers
to leave a note.