So it turns out they're increasing their standard rate too, passing on the full 0.5% on 16/9. No hoops.
3.7% bonus intro rate for 4 months with their savings account, though if interest rates rise again it may become less attractive.
Earning good interest on a transaction account is pretty nice. And their marketplace has some decent base rate discounts on gift cards, for example Amazon is 3% off.
If you’re worried about inflation I would advise spending all your money immediately
And get taxed
There are only two guarantees in life — death and the Cayman’s. It’s also guaranteed that there exists someone on OzBargain who got a better deal than you did, but we never talk about that one
If you need another saving account for another 1/4 of a million try Anz plus 2.7% atm. No hoops. App only. Easy sign-up. Basically a copy of ubank.
Issue with ANZ plus is the $5k per day pay anyone limit. That's a complete deal breaker for me. Might not be for others though.
Just update the app, pay anyone can now be up to 30k with anz plus
macquarie dosnt have any hoop and 2.75 macq > 2.70 anz plus. also anz plus is mobile only app, too new and restricted just like UP intended for teenagers.
I’m with ING 3.1% happy with that
Also use their everyday account too,so not much “hoops” to jump
ING knows someday some customers will "forget" to meet that requirement. Definition of end of the month balance increase is unclear, I asked them is the end of the month is the last day of the month?, they kept saying ..end of the month, didn't want to confirm specifically "last day of the month'…too risky
In the app for the savings account there is a tab titled Interest. It shows your progress and states the amount you need to exceed, The higher amount must be there at the close on the month,
Hoping for movement on this post Oct rate rise
It’s now 3.2% as of today
Still under the rate of inflation. How is this a bargain?