Photo: RNZ / Alexander Robertson

Some of New Zealand's least generous savings accounts are paying as little as 0.05 percent in interest.

A survey of bank rates showed the main banks have a number of products that offer very little return.

ASB's Savings On Call account offers 0.1 percent.

ANZ has a Select account that pays 0.05 percent on balances over $5000 - there is a monthly account fee of $6 but that is waived if the monthly balance remains over $5000.

Westpac's Simple Saver pays 0.05 percent - customers are sent "nudge" emails if they have higher balances to remin

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