ANZ Australian Dollar Savings Plus Account

ANZ Australian Dollar Savings Plus Account. Enjoy high interest rates of up to 3.50% p.a.

Introduction

Whatever your reasons for needing an Australian Dollar Account, there's simply no reason why you shouldn't be enjoying higher returns. That is why ANZ is proud to introduce the ANZ Australian Dollar Savings Plus Account that allows you to receive one of the best interest rates in town, dollar for dollar.

Whether you are an Australian expatriate living in Singapore, have a need to remit money to Australia regularly, have children studying there or simply want to earn high interest rates on your savings, this is your smartest choice ever in every way.

Key benefits

Enjoy the following benefits when you place a minimum initial deposit of AUD 25,000:

Attractive AUD interest rates of up to 3.50% p.a.
Free^* remittances to any ANZ account in Australia
No lock-in period unlike conventional Time Deposits
Free travel insurance^{^} whenever you travel to Australia
ATM Card linked to your ANZ Australian Dollar Savings Plus Account
Option to open a banking account in Australia if you intend to migrate to Australia.

^* Limited to 2 per month. Conditions apply.
^{^} Terms and conditions for complimentary travel insurance apply.

Interest rates

ANZ Australian Dollar Savings Plus Account offers a tiered structure that lets you enjoy attractive interest rates of up to 3.50% p.a.^~

Balance in AUD Savings Plus account	Interest rate (p.a.)
AUD 5,000 to less than AUD 25,000	0.50%
On next AUD 75,000	2.00%
On next AUD 100,000	2.50%
Above AUD 200,000	3.50%

^~ Interest rates are tiered and hence the effective rate will be blended depending on the above tiers.

Eligibility and requirements

Minimum age requirement	18 years

Fees and charges

Initial deposit	AUD 25,000
Minimum average monthly balance	AUD 5,000
Fall-below fee^#	AUD 10 per month
Administrative fee	Nil
Cash handling fees for AUD cash deposit or withdrawal	0.50% for ANZ Signature Priority Banking customers 2.00% for ANZ General Banking customers.

^# Waived for ANZ Signature Priority Banking customers. For ANZ Signature Priority Banking customers, SGD 50 will be charged per month if Total Relationship Size¹ falls below SGD 150,000. Total Relationship Size includes deposits, investments and/or insurance.¹

Call us now

For more information, kindly speak to your Relationship Manager, call 1800 269 2269 or visit any of our branches today.

Terms and conditions
Additional terms and conditions for ANZ Australian Dollar Savings Plus Account The customer applying for the ANZ Australian Dollar Savings Plus Account agrees to abide by these terms and conditions References here shall have the same meaning as in the terms and conditions for ANZ Bank Account ('terms and conditions') which shall continue to apply to the operation of customer's ANZ Australian Dollar Savings Plus Account. In the event of any inconsistency between these terms and those in the ANZ Bank Account terms and conditions or any brochures, marketing or promotional materials, these terms shall prevail in so far as they relate to ANZ Australian Dollar Savings Plus Account. Participation in the ANZ Australian Dollar Savings Plus Account is subject to the following The customer must not have closed an ANZ Signature Priority Banking relationship in the past 12 months from the time of application for the ANZ Australian Dollar Savings Plus Account The customer must not be in breach of the ANZ Bank Account terms and conditions The Bank's approval in its absolute discretion, without the need to furnish any reason for rejecting an application. The ANZ Australian Dollar Savings Plus Account is a type of savings deposit that pays a tiered interest. For a deposit of AUD 200,000 in ANZ Australian Dollar Savings Plus Account, the effective interest rate is 2.05% p.a. The ANZ Australian Dollar Savings Plus Account offers waiver of commission and commission in lieu of exchange for 2 outward remittances per month from this account to Australia only. Cable cost is applicable for all outward remittances. For withdrawals from the ANZ Australian Dollar Savings Plus Account at local or overseas ATMs, foreign exchange conversions at such rates of exchange as conclusively determined by the Bank, will apply. Relevant charges for overseas withdrawals will also continue to apply. For cash deposits and withdrawals at any branches of the Bank, commission in lieu of exchange and/or foreign exchange conversions at such rates of exchange as conclusively determined by the Bank, will apply. The Bank reserves the right to introduce or amend the fees or charges for minimum balance requirements. The Bank is entitled in its discretion to amend, vary or modify the benefits, prevailing rate, basis of calculation and/or any amount of any interest, charges or fees payable by the customer or to the customer and any other terms and conditions at any time without notice and such changes shall be binding on the customer with effect from such date as the Bank may determine. The prevailing interest details and terms and any other conditions the Bank may impose from time to time will be set out in the Bank's marketing materials, collateral and/or website and the Bank's decision on all matters relating to the ANZ Australian Dollar Savings Plus Account shall be conclusive and binding. In the event that this document is translated into different languages and there are inconsistencies between the English language version and any translation, the English version shall prevail. The Bank reserves the right to cancel, terminate or suspend this account without prior notice and without liability to any party. The Bank reserves the right at its sole discretion to vary, delete or add to any of these terms and conditions from time to time without prior notice. These terms and conditions shall be governed by the laws of Singapore and customers irrevocably submit to the non-exclusive jurisdiction of the courts of Singapore. Back to top Travel Insurance - Elite Explorer 16. The complimentary travel insurance offered under this account only insures the primary account holder up to 14 days and only for travel to Australia. 17. The complimentary travel insurance does not cover any pre-existing medical condition and coverage applies to Singaporeans, Singapore permanent residents, and holders of a valid work permit, employment pass, dependant's pass or S pass issued by the relevant authorities in Singapore. 18. To be eligible for cover under the travel insurance, the insured person and/or his spouse must be aged between eighteen (18) years and seventy-five (75) years on the commencement date of the period of insurance. 19. The Bank (together with its directors and employees) makes no representations or warranties expressed or implied as to the accuracy, completeness or timeliness of any of such information, or as to any product or service offered by any third party. Products or services offered by any third party shall be the obligation only of such third party. Any disputes relating to quality or performance of such product or service should be taken up directly with such third party. The Bank is not an agent of and is not representing any third party in relation to its product or service. Promotions, benefits, products and services are available only in those jurisdictions where they may be legally offered. This is for information purposes only and does not constitute an offer, invitation to offer, or a solicitation, or any advice or recommendation by the Bank to buy, subscribe for, issue or sell any banking or financial product or service. 20. The complimentary travel insurance, Elite Explorer, is underwritten by ACE Insurance Limited. This is not a contract of insurance and is meant for product information only. Accordingly, the information should be read and construed in the light of, and subject to, all terms and conditions contained in the policy. Full details are stated in the policy. Back to top

Terms and conditions

Additional terms and conditions for ANZ Australian Dollar Savings Plus Account

The customer applying for the ANZ Australian Dollar Savings Plus Account agrees to abide by these terms and conditions

References here shall have the same meaning as in the terms and conditions for ANZ Bank Account ('terms and conditions') which shall continue to apply to the operation of customer's ANZ Australian Dollar Savings Plus Account. In the event of any inconsistency between these terms and those in the ANZ Bank Account terms and conditions or any brochures, marketing or promotional materials, these terms shall prevail in so far as they relate to ANZ Australian Dollar Savings Plus Account.
Participation in the ANZ Australian Dollar Savings Plus Account is subject to the following
- The customer must not have closed an ANZ Signature Priority Banking relationship in the past 12 months from the time of application for the ANZ Australian Dollar Savings Plus Account
- The customer must not be in breach of the ANZ Bank Account terms and conditions
- The Bank's approval in its absolute discretion, without the need to furnish any reason for rejecting an application.
The ANZ Australian Dollar Savings Plus Account is a type of savings deposit that pays a tiered interest.
For a deposit of AUD 200,000 in ANZ Australian Dollar Savings Plus Account, the effective interest rate is 2.05% p.a.
The ANZ Australian Dollar Savings Plus Account offers waiver of commission and commission in lieu of exchange for 2 outward remittances per month from this account to Australia only.
Cable cost is applicable for all outward remittances.
For withdrawals from the ANZ Australian Dollar Savings Plus Account at local or overseas ATMs, foreign exchange conversions at such rates of exchange as conclusively determined by the Bank, will apply. Relevant charges for overseas withdrawals will also continue to apply.
For cash deposits and withdrawals at any branches of the Bank, commission in lieu of exchange and/or foreign exchange conversions at such rates of exchange as conclusively determined by the Bank, will apply.
The Bank reserves the right to introduce or amend the fees or charges for minimum balance requirements.
The Bank is entitled in its discretion to amend, vary or modify the benefits, prevailing rate, basis of calculation and/or any amount of any interest, charges or fees payable by the customer or to the customer and any other terms and conditions at any time without notice and such changes shall be binding on the customer with effect from such date as the Bank may determine.
The prevailing interest details and terms and any other conditions the Bank may impose from time to time will be set out in the Bank's marketing materials, collateral and/or website and the Bank's decision on all matters relating to the ANZ Australian Dollar Savings Plus Account shall be conclusive and binding.
In the event that this document is translated into different languages and there are inconsistencies between the English language version and any translation, the English version shall prevail.
The Bank reserves the right to cancel, terminate or suspend this account without prior notice and without liability to any party.
The Bank reserves the right at its sole discretion to vary, delete or add to any of these terms and conditions from time to time without prior notice.
These terms and conditions shall be governed by the laws of Singapore and customers irrevocably submit to the non-exclusive jurisdiction of the courts of Singapore.

Travel Insurance - Elite Explorer

16. The complimentary travel insurance offered under this account only insures the primary account holder up to 14 days and only for travel to Australia.

17. The complimentary travel insurance does not cover any pre-existing medical condition and coverage applies to Singaporeans, Singapore permanent residents, and holders of a valid work permit, employment pass, dependant's pass or S pass issued by the relevant authorities in Singapore.

18. To be eligible for cover under the travel insurance, the insured person and/or his spouse must be aged between eighteen (18) years and seventy-five (75) years on the commencement date of the period of insurance.

19. The Bank (together with its directors and employees) makes no representations or warranties expressed or implied as to the accuracy, completeness or timeliness of any of such information, or as to any product or service offered by any third party. Products or services offered by any third party shall be the obligation only of such third party. Any disputes relating to quality or performance of such product or service should be taken up directly with such third party. The Bank is not an agent of and is not representing any third party in relation to its product or service. Promotions, benefits, products and services are available only in those jurisdictions where they may be legally offered. This is for information purposes only and does not constitute an offer, invitation to offer, or a solicitation, or any advice or recommendation by the Bank to buy, subscribe for, issue or sell any banking or financial product or service.

20. The complimentary travel insurance, Elite Explorer, is underwritten by ACE Insurance Limited. This is not a contract of insurance and is meant for product information only. Accordingly, the information should be read and construed in the light of, and subject to, all terms and conditions contained in the policy. Full details are stated in the policy.

Disclaimer

Please note that the above is published for information and general circulation purposes only and does not constitute nor purport to constitute any form of advice, recommendation or offer to sell or issue, or invitation to offer, or solicitation, to buy, invest in or subscribe for any product or service, and any representation or warranty in respect of any product or service.

Singapore dollar deposits and monies in Supplementary Retirement Scheme (SRS) accounts of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 per depositor per Scheme member under the Deposit Insurance and Policy Owners' Protection Schemes Act 2011. Structured deposits, dual currency investments and other investment products are not insured.

This product may not be offered or sold within the United States or to or for the benefit of US Persons. Neither this document, nor any copy thereof may be sent or taken into the United States or distributed in the United States or to a US Person. The full disclaimers at our website at anz.com.sg are deemed to be incorporated herein.

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ANZ Australian Dollar Savings Plus Account

Deposits