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ANZ Progress Saver

ANZ Progress Saver Questions & Answers

3.1 from 14 reviews · View Details

52 questions from our users

Gala G.

Gala G.asked

Is there a limit to how much I can transfer from progress account to someone else account?

1 answer
Tim
Tim

Your daily limit I would say

IRIS V.

IRIS V.asked

Could someone transfer money through their access advantage account to my online saver account?

No answers
Neera M.

Neera M.asked

If I transfer money from progressive saver on 1st of a month and simultaneously make a deposit also, do I get bonus interest for this month

1 answer
ConsumerMan
ConsumerMan

No, you will not receive bonus interest for any month in which you make a withdrawal

Struan W.

Struan W.asked

Can you link to paypal account

No answers
Danni L.

Danni L.asked

I have a progress saver account, if I deposit some money on the last day of the month before the interest was paid, does that count for the month? So the interest I get is higher since I deposited more this month. Also the interest is paid on the last day of of the month, at about what time during the day ? If the interest was already paid on the 31st and I deposited some money after the interest was paid, will this count towards the next month? When I deposit money into the progress saver, can I deposit them any day of the month? Or it has to be on the 1st of each month in order to earn interest ? If I need to withdraw and don’t want to lose interest for this month, do I do that on the 1st? Say now is 1st of April, I withdrew some money now, I will still get interest for April?

No answers
Rell D.

Rell D.asked

I want to take my bank verification off my zip pay account and add my pay pal account to my zip pay account and how can I do this?

No answers
Melisa R.

Melisa R.asked

How long does it take to pay someone from your progess saver account to a westpac account

No answers
John doe

John doeasked

Hello
I opened an ANZ progress saver on the 15th Jan 2020 with an opening balance on $100. Since then i have deposited the required $10 minimum per month to earn the bonus interest. On 31 Jan & 28 Feb I have only earned a grand total of $0.20 in bonus credit. Is this normal?
I also opened an online saver at the same time and have already earned over $30 in bonus credit.
Does the progress saver calculate and pay the same?

No answers
Gerry. F

Gerry. Fasked

What days can I withdraw from progress saver account without loosing bonus interest

2 answers
ConsumerMan
ConsumerMan

There are no safe days in the month to withdraw (ha, ha LOL). A withdrawal from an ANZ Progress Saver account will forfeit the bonus interest for that month.

pd_one
pd_one

The first of the month will not lose any interest as you haven't earned any

Paula G

Paula Gasked

How do I transfer from ANZ progress saver to ANZ Access account?

1 answer
ConsumerMan
ConsumerMan

Internet banking

kres14

kres14asked

I'm 16. I have three progress saver accounts as well as my access advantage account. One is set up as my emergency funds, so i have $1000 that I don't ever touch or collect interest or anything it just sits there. Then I have a second account to purely collect interest on, i put like $50 a month in that. The third is for my saving where i put whatever i can spare into it, i use to just keep that money in my access advantage account but i find i spend less money this way. My problem is for some reason i cant take money out of that account (My 'savings') I can put money into it easily and take money from another one if i wanted to but not that one. Even though I set all 3 up the same way

No answers
Platycat

Platycatasked

I just want to understand this Progress Saver, say I have $5000 and I put the agreed $10 per month into the account, and I get the interest for each month and I do not touch it for withdrawal for maybe 12 months -- or more -- so that means the Bank gets the biggest reward as I miss out on that month -- and it would be the one with the biggest amount in it?

Interested to hear the info, please

2 answers
pd_one
pd_one

If you withdraw on the first of the month you do not lose interest for the previous month.

Platycat
Platycat

Thank you pd_one, for your answer, have you done this -- I thought that might be so too but was unsure?

Pam Cassidy

Pam Cassidyasked

Can I get an extra card on my progress saver account so that my son can withdraw from the account?

No answers
Chris M

Chris Masked

Can I withdraw from my Anz progress saved account once a month say on last day of month without losing interest

2 answers
pd_one
pd_one

no

ConsumerMan
ConsumerMan

A withdrawal at any time in the month will result in loss of bonus interest. Read the PDS for full information

legend

legendasked

i want to have an account solely on saving a specific item
can i have multiple savings accounts since i already have one?
if not can i have a different type of account?

2 answers
pd_one
pd_one

yes, I have two progress savers

legend
legend

can i just apply online?

Dan

Danasked

If I don’t make a deposit this month and withdraw some money from the savers account, what kind of interest will I be still getting? Thanks for your help.

1 answer
pd_one
pd_one

nothing for the whole month when you withdraw anything

Iino N.

Iino N.asked

Does it cost to transfer money from progress saver account to others?

1 answer
pd_one
pd_one

You lose the interest for that month. You should establish another progress saver account and transfer the remaining balance to this new account so you can earn interest on the remaining balance for the rest of the month. If you do not transfer to another progress saver you earn zero interest for the month

Beenju P.

Beenju P.asked

Can I deposit weekly? Or I should not make deposit more than one time a month to get paid interest?

1 answer
ConsumerMan
ConsumerMan

My understanding is to obtain the monthly bonus interest you must deposit a minimum of $10 and make no withdrawal in that month. It’s all explained on the ANZ website.

Angela L.

Angela L.asked

Can a progress saver account be joined with cheque account. If so i can you withdraw from progress saver without a card.

No answers
M R S

M R Sasked

Probably a silly question but anz says deposit a min of $10 a month and only 1 transactions is allowed before incurring charges...

Does 1 transactions mean withdrawal and deposits? Or can I keep adding money throughout the month without charges?

1 answer
Shing Y.
Shing Y.

You can keep adding money but only 1 free withdrawal

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