We are reducing the interest rate for the following savings product, effective 1 October 2024.
- Bonus Saver Account S7 for balances $1 - $100,000 interest rate reduced by 0.05% to 4.45%1
For more details, please visit the Savings Interest Rates page here.
1. Eligibility criteria, terms and conditions, fees and charges apply. Bonus interest rate applies to account balances under $100,000 if those accounts have a minimum monthly deposit of $50 and no withdrawals, transfers within the calendar month. Standard interest rate applies to account balances over $100,000, and up to $100,000 if the account does not meet above criteria for bonus interest rate. Example: Member’s bonus saver account balance is $112,413.59 at the end of the month. During the month member has deposited $50 and made no withdrawals. Bonus interest is payable on $100,000 and standard interest is payable on $12,413.59. Interest is calculated daily and paid monthly. Bonus interest rate is currently 4.44% and standard interest rate is currently 0.01%. Rates are subject to change. Personal banking only. Only one bonus saver account can be opened per membership.
