How to avoid Account Servicing Fee or access free banking with ANZ?

Hi all ,

Does anyone happen to know if there is a way to avoid account servicing fee from anz. Its been charged monthly.I recall someone mentioning about
free banking but am unable to find any links .Any advice would be helpful.

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Comments

  • +1

    Cancel the account

  • If you are a student or apart of one of their affiliated organisations they wave it … otherwise just cancel and move to someone like NAB that doesn't charge it.

  • +3

    ANZ Access
    "No monthly account service fee if you deposit at least $2,000 a month, or if you meet our other eligibility criteria (normally $5 a month).

    You can apply for us to waive the monthly account service fee on your Access Advantage account if any of the following apply:

    You are aged under 18 or over 60
    You are a full-time student at an Australian educational institution
    You receive a disability support pension or mobility allowance from Centrelink
    You have an ANZ Home Loan, an ANZ Residential Investment Loan or an ANZ Portfolio Facility and have your salary credited to your account
    You have a combined deposit balance of $50,000 in one or more of the following ANZ accounts: ANZ Access Advantage, Access Select, Premium Cash Management, Online Saver, Progress Saver, ANZ term deposits, V2 Plus, Passbook Savings, Premier Cheque."

    ANZ Access Advantage has no real advantage when compared to NAB/ING/Citibank Plus

    • Which means grow old, grow young, or grow sick!

  • +1

    I had a little chat with the ANZ branch manager about that and we agreed for no fees as long as I deposit $2000 a month to the account.

    • +1

      Thats just usual policy, haha. Its no bargaining chip!

  • INg Direct as well dont have a monthly charge

  • +1

    I would suggest consider others as alternative.

    ING Direct is the best for personal banking imho.

  • +1

    move to other bank. dont give your hard earned money to those big fours they make billion profit but still outsourcing their staffs to asian countries

  • You shouldn't have to pay any fees to banks anymore. not in this day and age

    ANZ - i have that account and just have an auto-debit/credit so that it takes $2k out of my pay and then moves it around between different banks to avoid the fees

    NAB - my primary account doesn't have any fees

    Most other banks have an option to avoid fees easily

    I would suggest ING as well, since that 2 or 5% cashback for paywave is excellent

  • Thanks all

  • Your local branch manager has the authority to waive the account fees :-)

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