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Deposit Interest Rate Change Effective 1 July 2020

29 June 2020

Members please take note, effective 1 July 2020, the following balance steps and interest rates will apply to all new and existing account holders, per the following:

Focus Saver

Bonus interest rate 1.20% P.A.
$0.01 and over 0.00% P.A.
Including Bonus 1.20% P.A.

NB: To qualify for the bonus rate, a minimum balance of $200.00 must be met, and minimum deposit of $200.00 per month, with no withdrawals per month.

Beans Savings Account

Bonus interest rate 1.30% P.A.
$0.01 and over 0.20% P.A.
Including Bonus 1.50% P.A.

NB: To qualify for the bonus rate, a minimum balance of $10.00 must be met, a deposit of $10.00 per month, with no withdrawals per month.

iSavings

$0.01 to $4,999.99 0.00% P.A.
$5,000.00 to $99,999.99 0.10% P.A.
$100,000.00 to $499,999.99 0.45% P.A.
$500,000.00 and over 1.20% P.A.

Master Club

$0.01 to $1,999.99 0.05% P.A.
$2,000.00 to $51,800.00 0.10% P.A.
$51,800.01 to $249,999.99 0.60% P.A.
$250,000.00 and over 1.20% P.A.

Rural On-Call Savings Account

$0.01 to $999.99 0.00% P.A.
$1,000.00 to $49,999.99 0.05% P.A.
$50,000.00 to $99,999.99 0.20% P.A.
$100,000.00 to $399,999.99 0.50% P.A.
$400,000.00 and over 1.20% P.A.