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ANZ Plus Growth Saver vs Westpac Life

vs
Interest a year on $50,000, with the conditions met
$2,675
5.35% on this balance
$2,625
5.25% on this balance

ANZ Plus Growth Saver pays $50 more a year on $50,000 than Westpac Life.

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ANZ PlusANZ Plus Growth Saver
WestpacWestpac Life
Interest a year with the conditions missed
on $50,000
$50
at the base rate
$50
at the base rate
Total rate
base plus bonus
5.35%
+0.10 · Higher total rate
5.25%
Base rate
paid whatever you do
0.10%
0.10%
Bonus rate
5.25%
with the conditions met
+0.10 · Higher bonus rate
5.15%
with the conditions met
Top rate paid up to
No cap
No cap
What the bonus asks each month
  1. 1A balance at least $100 higher than it started
  1. 1A deposit
  2. 2A balance that ends the month higher than it started
Who can open it
Anyone 15 or over
Anyone 18 or over
Minimum balance
None
None
Rank by total rate
among the accounts we track
24th of 152
42nd of 152
Last rate change
9 Oct 2026
up 0.25
9 Oct 2026
up 0.25

Rates over time

Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.

As of 12 October 2026, ANZ Plus Growth Saver pays 5.35% with its monthly conditions met, and Westpac Life pays 5.25% with its monthly conditions met. On $50,000, that's $2,675 against $2,625 a year, $50 more from ANZ Plus Growth Saver. Figures are the banks' published rates, worked out on the balance above. Each row says which figure is higher; it doesn't say which account suits you.

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