Deposit Rates
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Rates effective from 23rd December 2011
| S1 - On Call Savings Account | ||
| $1 - $4,999 | 0.05% pa | ^1 |
| $5,000 - $24,999 | 0.05% pa | |
| $25,000 - $49,999 | 0.35% pa | |
| $50,000 and over | 0.50% pa | |
| S2 - Business Account | ||
| $1 - $4,999 | 0.05% pa | ^2 |
| $5,000 - $24,999 | 0.05% pa | |
| $25,000 - $49,999 | 0.35% pa | |
| $50,000 and over | 0.50% pa | |
| S3 - Deeming Account |
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| $1 - $499 | 0.00% pa | ^3 |
| $500 - $44,599 | 3.00% pa | |
| $44,600 and over | 4.50% pa | |
| S4 - Christmas Club Account |
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| $1 and over | 3.50% pa | ^4 |
| S5 - iSave Account |
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| $1 and over | 4.50% pa | ^5 |
| S10 - Bonus Saver Account | ||||
| Base | Bonus | Total | ^6 | |
| $1 and over | 0.05% pa | 4.45% pa | 4.50% pa | |
| S15 - Cash Management Account | ||
| $1 - $9,999 | 0.05% pa | ^7 |
| $10,000 - $19,999 | 2.20% pa | |
| $20,000 - $49,999 | 3.25% pa | |
| $50,000 - $99,999 | 3.50% pa | |
| $100,000 and over | 4.25% pa | |
| Fixed Term Deposit | |||||
| $100 - $4,999 | $5,000 - $24,999 | $25,000 - $49,999 | $50,000 and over | ^8 | |
| (I4) 3-5 months | 0.50% pa | 5.50% pa | 5.50% pa | 5.50% pa | |
| (I1) 6-8 months | 1.00% pa | 5.60% pa | 5.60% pa | 5.60% pa | |
| (I9) 9-10 months | 1.50% pa | 4.00% pa | 4.00% pa | 4.00% pa | |
| (I2) 12 months | 5.10% pa | 5.10% pa | 5.10% pa | 5.10% pa | |
| (I3) 24 months | 1.50% pa | 5.40% pa | 5.40% pa | 5.40% pa | |
| Monthly Income Term Deposit | |||||
| $3,000 - $4,999 | $5,000 - $24,999 | $25,000 - $49,999 | $50,000 and over | ^9 | |
| (I6) 6 months | 1.00% pa | 5.55% pa | 5.55% pa | 5.55% pa | |
| (I5) 24 months | 1.50% pa | 5.20% pa | 5.20% pa | 5.20% pa | |
^1 S1 - On Call Savings Account. Interest is variable, calculated on Minimum Monthly Balance and paid 31st March annually. The portion of balance in each tier earns the rate for that tier. S1 account is not available to business members.
^2 S2 - Business Account. Interest is variable, calculated on Minimum Monthly Balance and paid 31st March annually. The portion of balance in each tier earns the rate for that tier.
^3 S3 - Deeming Account. Interest is variable, calculated on Minimum Monthly Balance and paid 31st March annually. The portion of balance in each tier earns the rate for that tier. Account owners must be aged 55 years or older, and no longer working full-time.
^4 S4 - Christmas Club. Interest is fixed, calculated on whole Daily balance and paid 15th November annually. Principal and Interest will be transferred to your S1 - On Call Savings Account in November unless you pre-nominate another account, to receive a cheque or to retain funds in the account.
^5 S5 - iSave Account. Interest is variable, calculated on whole Daily balance and paid Monthly. Withdrawals must be made electronically to your nominated S1, S2 or S3 account.
^6 S10 - Bonus Saver Account. Interest is variable, calculated on Minimum Monthly Balance and paid 31st March annually. The portion of balance in each tier earns the rate for that tier. S1 account is not available to business members.
^7 S15 - Cash Management Account. Interest is variable, calculated on Daily balance and paid Monthly. The portion of balance in each tier earns the rate for that tier. Minimum opening Balance $10,000. Minimum withdrawal $500
^8 Fixed Term Deposit. Interest is fixed, and calculated on Daily balance. Early withdrawals (if approved) attract a reduced interest rate. 3-12 month terms: Interest paid at maturity. Interest may be added to principal amount to be reinvested or paid to an account. 24 month term: Interest paid annually. First interest amount paid to an account, second interest payment may be added to principal and reinvested or paid to an account
^9 Monthly Income Term Deposit. Interest is fixed, and calculated on Daily balance. Interest is paid by cheque or to an S1 – On Call Savings Account. Early withdrawals (if approved) attract a reduced interest rate
