Changes to ANZ rates, fees and agreements

Changes to ANZ Term Deposits and Savings Accounts 

We’re making changes to simplify our Savings Accounts and Term Deposits. We’re also updating interest rates for some of these products. The changes are effective from 1 August 2025.  

ANZ Pacific Savings Accounts

•  The base interest rate will be increased.
•  You will earn interest each day if there is a minimum end of day account balance of $100*.
•  The ability to earn bonus interest is removed. This also means that there are no requirements for withdrawals and minimum deposits.

*Interest is calculated for non-business days based on the end of day account balance for the previous business day.

**Interest rate depending on whether bonus interest earned.

ANZ Term Deposits ($5,000 – $250,000)

• ANZ Term Deposits will be offered in three term ranges. 
• We will no longer offer deposit terms under 90 days. 
• The interest rate if you were on the advertised nine months term will reduce from 1.50% to 1.10% if it rolls over at maturity.

*This term will no longer be offered for new term deposits. It will continue to roll over at maturity for existing term deposits subject to the Terms and Conditions.

ANZ Priority Cash Management Accounts

ANZ Priority Cash Management Accounts will no longer be offered to new customers. If you are an existing ANZ Priority Cash Management Account holder, you can continue to use your account. 

Please note, due to changes to our savings account products, there may be better alternatives for your savings. If you would like to discuss your options, please call us on +682 21750 or visit the ANZ branch.

All interest rates are subject to change. All interest rates are advised on a per annum (p.a.) basis. ANZ terms and conditions and fees apply. 

If you have any questions, please call us on +682 21750 or visit the ANZ branch.

These changes will be reflected on our website (anz.com/cookislands) from 1 August 2025. The ANZ Fees and Charges Customer Banking Services Cook Islands brochure will also be updated to reflect these changes and to remove reference to the ANZ Access Premium Account. An updated copy will be available from 1 August 2025 at anz.com/cookislands and in our branch upon request.

Changes to ANZ trade fees and charges

Notice published 9 May 2025

Update 28 May 2025: New fee names under Import - Documentary collections and Export - Documentary collections updated from the original notice

We’re making changes to some of our fees and charges for trade customers. These changes will come into effect from 9 June 2025.

The main reason is to simplify the way our fees and charges work, or to reduce or remove them entirely.

Here’s a summary of the changes:

• Reducing the cost of fees for certain services.
• Increasing certain fees to better reflect the cost of providing those products and services. These include:
  • Import Documentary credits – some changes to the percentage and minimum amounts
  • Import Documentary collections – the percentage charge is increased
  • Export Documentary credits – Document handling fee
  • Export Documentary collections – Outward collection
• Combining similar fees into one fee to reduce complexity
• Providing fee amounts where it was not clear; and
• Removing a number of fees from the tariff sheet where the service is seldom or no longer requested.

Further detail of these changes can be found on our fee changes page. If you have any questions, please contact us on +682 21750 or visit the ANZ branch.

An updated copy of the ANZ Cook Islands Standard Trade and Supply Chain Tariffs document will be available from 9 June 2025 on our fees and charges page and in our branch upon request.