Interest Rates
Transaction and Savings Accounts
Everyday Account (S1)
Interest rate (p.a.)
$0 - $14,999
0.00%
$15,000 - $29,999
0.00%
$30,000 and over
0.00%
Pension Account (S9)
Interest rate (p.a.)
For part of the balance $0 - $48,599
2.65%
For part of the balance $48,600 - $149,999
2.65%
For part of the balance $150,000 and over
2.65%
First Access Account (S18)
Interest rate (p.a.)
All amounts
1.45%
Budget Account (S2) – product no longer available for new accounts
Interest rate (p.a.)
$0 - $14,999
0.05%
$15,000 - $29,999
0.05%
$30,000 and over
0.05%
Online Saver (S99)
Interest rate (p.a.)
$0 - $1,999
0.05%
$2,000 - $149,999
3.05%
$150,000 and over
3.05%
Bonus Saver (S98)
Interest rate (p.a.)
$0 - $149,999¹
3.80%
$150,000 and over¹
3.80%
Base rate
0.05%
First Home Bonus Saver (S21)
Interest rate (p.a.)
Bonus interest⁶
3.85%
Base rate
0.05%
First Saver (S19)
Interest rate (p.a.)
$0 - $1,999
3.65%
$2,000 and over
3.65%
Christmas Club (S3)
Interest rate (p.a.)
All amounts
2.60%
Cash Management (S10) – product no longer available for new accounts
Interest rate (p.a.)
$0 - $4,999
0.05%
$5,000 - $19,999
0.05%
$20,000 - $49,999
0.05%
$50,000 - $99,999
1.10%
$100,000 and over
1.10%
Term Deposits
Term Deposits
Interest calculated daily1,2
$500 and over
30 days (I18) – product no longer available for new accounts
0.75%
60 days (I17) – product no longer available for new accounts
1.00%
90 days (I16)
4.05%
120 days (I7)
4.05%
180 days (I15)
4.25%
270 days (I1)
4.35%
Interest First Term Deposit
Interest calculated daily1,2
$500 and over
150 days (I55) – product no longer available for new accounts
2.95%
Term Deposits
Interest calculated daily1,2
$500 and over
1 year (I12)
4.35%
2 years (I24)
3.50%
3 years (I36)
3.50%
4 years (I48)
3.50%
5 years (I60)
3.50%
Regular Income Term Deposit
Interest calculated daily1,2
$5,000 and over
1 year (I3)
4.25%
School Accounts and Term Deposits
School Term Deposits
Interest calculated daily2
$5,000 and over
30 - 90 days (I4)
4.05%
120 - 180 days (I5)
4.25%
Preschool Accounts and Term Deposits
Day to Day Account (S41)
Interest rate (p.a.)
$0 - $14,999
0.05%
$15,000 - $29,999
0.05%
$30,000 and over
0.05%
Fundraising Account (S43)
Interest rate (p.a.)
$1 and over
3.40%
Petty Cash Account (S44)
Interest rate (p.a.)
$1 and over
0.05%
Long Service and Sick Leave Provisions Account (S47)
Interest rate (p.a.)
$1 and over³
3.55%
30-90 Days (I41)
Interest rate (p.a.)
$5,000 and over
4.05%
120-180 Days (I43)
Interest rate (p.a.)
$5,000 and over
4.25%
Long Service and Sick Leave Term Deposit (I40)
Interest tier is determined on the whole of balance
Interest rate (p.a.)
$500 and over
4.35%
We're here to help
Our consultants are available to answer any questions you have about the right account for you.
Bonus interest additional to the base rate applies when you make at least one deposit of a minimum of $1.00 and no withdrawals are made in the calendar month.
Subject to our Terms and Conditions, a Term Deposit interest rate reduction applies on early withdrawals, with interest paid at the reduced rate from the date of deposit to the day prior to withdrawal. Where the withdrawal reduces the 'Fixed Term Deposit' balance to an amount that attracts a lesser rate, that lesser rate shall apply for the remainder of the term. Part withdrawals are not permitted on the Interest First Term Deposit product.
At the end of each quarter, the balance of the S47 will be transferred into the Preschool Long Service and Sick Leave Term Deposit (I40).
Interest on I41 and I43 calculated daily and credited on maturity.
These rates are for retail customers only and limits may apply.
Bonus interest additional to the base rate is earned when deposits totalling a minimum of $100 and no withdrawals are made in the calendar month.
Interest is credited to the account on 30 June and 31 December of each year and on maturity on 1 September of each year. Withdrawals are restricted to payments of long service and sick leave owing to staff. Additional deposits can be made to an existing deposit, by the quarterly sweep from the Long Service and Sick Leave Provisions Account or if received within five business days from maturity. Deposits received at any other time will be accepted as a separate deposit under the Terms and Conditions prevailing at the time.