No transaction feesSo more funds can be attributed to these provisions.¹
Option to reinvestDeposits made throughout the year will be invested to mature on the maturity date of 1 September each year. You can also choose to maximise your compound interest earnings by re-investing. Rollover investments will have a 1-year term.
Easy accessEasily access and manage funds via Internet and Phone Banking.
Each quarterThe balance of the Account is transferred into a Term Deposit, earning a higher rate of interest to ensure funds are saved for staff entitlements.
Rates and Fees
Schools and Preschools Interest Rates effective 1 December 2023.
Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.
1. Other fees and charges may apply.