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. |
