| Access Accounts for Everyday Banking | |||||
| Fixed Interest Term Deposits | |||||
| Term | $500 - $4,999* | $5,000 - $49,999 | $50,000- $199,999 | $200,000 & over | Interest Payment |
| 3 months | 2.35% p.a. | 5.40% p.a. | 5.40% p.a. | 5.40% p.a. | Maturity* |
| 6 months | 2.90% p.a. | 6.15% p.a. | 6.15% p.a. | 6.15% p.a. | Monthly Quarterly Maturity* |
| 12 months | 3.50% p.a. | 6.30% p.a. | 6.30% p.a. | 6.30% p.a. | Monthly Quarterly Maturity* |
| 24 months | 3.75% p.a. | 6.40% p.a. | 6.40% p.a. | 6.40% p.a. | Monthly Quarterly Maturity* |
| *For amounts less that $5,000, interest is paid six monthly or at maturity. *Monthly interest is available at 0.25% below the above rates quoted, only for amounts of $5,000 or more and only where it is indicated that monthly interest is paid. Requests for early redemption will be considered with an interest adjustment of less 2% - no interest is paid where the deposit is held for less than 30 days. | |||||
| Choice Account | |
| On Balances of: | Interest Rate: |
| $1 - $4,999.99 | 0.00% p.a. |
| $5,000 - $9,999.99 | 0.05% p.a. |
| $10,000 - $19,999.99 | 0.05% p.a. |
| $20,000 & over | 0.10% p.a. |
| Interest calculated daily on each portion (stepped rates) and paid monthly. | |
| Pensioner Choice Account (Deeming) | |
| On Balances of: | Interest Rate: |
| $1 - $42,000 | 3.00% p.a. |
| $42,000 & over | 4.50% p.a. |
| Interest calculated daily on each portion (stepped rates) and paid monthly. | |
| High Interest Cash Management Accounts [Effective as at 1st January 2010] | ||
| On balances of: | Cash Manager Plus | Cash Manager Online |
| < $2,000 | 0.00% p.a. | 0.00% p.a. |
| $2,000 - $9,999.99 | 0.25% p.a. | 0.75% p.a. |
| $10,000 - $19,999.99 | 1.80% p.a. | 2.30% p.a. |
| $20,000 - $49,999.99 | 1.90% p.a. | 2.40% p.a. |
| $50,000 - $99,999.99 | 2.30% p.a. | 2.80% p.a. |
| $100,000 - $249,999.99 | 3.20% p.a. | 3.70% p.a. |
| > $250,000 | 3.75% p.a. | 4.25% p.a. |
| *Interest calculated daily on whole balance and paid monthly *Cash Management Online only allows internet banking or phone banking transfers. No branch counter transactions allowed. | ||
| Special Purpose Accounts - Saving for a Goal | |
| Account: | Interest Rate: |
| Smart Savers Account S8 | 0.90% p.a. |
| Christmas Club Account S9 | 1.25% p.a. |
| Education Saver Account S5 | 4.50% p.a. |
| Education Saver - Interest is calculated daily on the whole balace and paid monthly. No withdrawals for 2 years. Early exit fee may apply | |
| Smart Saver - Interest is calculated on the minimum monthly balance and paid quarterly. | |
| Christmas Club - Interest is calculated on the minimum monthly balance. Account balance plus interest transferred to S6 on the 1st of November annually. | |
| Other Access Accounts | |
| Working Savings Accounts (previously Passbook Account S0) | |
| On balances of: | Interest Rate |
| $1 - $4,999.99 | 0.00% p.a. |
| $5,000 - $9,999.99 | 0.05% p.a. |
| $10,000 - $19,999.99 | 0.05% p.a. |
| $20,000 - $49,999.99 | 0.05% p.a. |
| $50,000 & over | 0.10% p.a. |
| Interest calculated on minimum monthly balance on each portion (stepped rates) and paid quarterly, June, September, December, March | |
| Passbook Investment Account (S7) | |
| On balances of: | Interest Rate |
| $1 - $4,999.99 | 0.05% p.a. |
| $5,000 - $19,999.99 | 0.50% p.a. |
| $20,000 - $49,999.99 | 1.00% p.a. |
| $50,000 - $99,999.99 | 1.75% p.a. |
| $100,000 & over | 2.45% p.a. |
| Interest calculated aily on whole balance (tiered rates) and paid monthly | |
| Rates are effective from the 1st of May, 2010 and are subject to change without notice. | |