Super Saver Account Product Information

Features and Benefits

Account access
PayTo	No
Internet Banking	Yes
SMS Banking	Yes
BPAY	No
Direct Debit	No
Regular Authorised Payment	Yes
Transfer	Yes - linked account only
SMS and Email Alerts	Yes
NPP Including OSKO Payments	No
Create PayID	No

Deposit
Direct/Salary Credit	Yes
Bank First branch	Yes
Transfer	Yes

Important Information: Super Saver Account Terms and Conditions

These Terms and Conditions apply specifically to the Super Saver Account (S79) and are supplementary and subject to the Terms and Conditions: Part A Product Information.

In the event of an inconsistency between these Terms and Conditions and the Terms and Conditions: Part A Product Information in relation to the Super Saver Account (S79), these Terms and Conditions shall prevail.

1. General Terms and Conditions
   1. Interest is calculated daily based on the start of day balance of the account. The daily percentage rate is the Annual Percentage Rate divided by 365. Interest is credited to the account monthly and/or on the closure of the account. If the account is closed before close of business on the last business day of the month, the bonus interest will not be paid.
   2. The end of day account balance on the last day of each month will not be included in the interest calculation for that month but will be included in the interest calculation for the following month.
   3. Interest Rates are tiered and variable and can be varied at any time without prior notice.
   4. An overdrawn account fee is payable immediately if the balance of your account is overdrawn at the close of business on any day. The fee is payable again at the end of each period of 7 calendar days thereafter if the balance remains overdrawn or in excess of the credit limit.
   5. For the avoidance of doubt, section 7 of the Terms and Conditions Part A Product information does not apply to the Super Saver Account (S79).
2. Specific Terms and Conditions
1. Applicant Eligibility:
1. A valid promotion code must be entered at the time of application. Applications submitted without a valid promotion code will not be accepted.
2. Promotion codes are issued by Bank First to approved partner organisations. The Super Saver Account is intended for employees of approved partner organisation and their immediate family members.
3. Bank First does not verify employment or family status as a condition of eligibility.
4. Approved partner organisations are determined by Bank First, which Bank First may update or vary from time to time.
2. Bonus Interest additional to the base rate is earned when the Super Saver Account net balance increases by a minimum of $100 per month (excluding interest earned for the current month) and the account balance does not exceed $149,999.99.
1. Net balance growth must occur on or before close of business on the last business day of the month. Bonus Interest will not be paid if the funds are received late due to processing times.
2. The account balance on or before close of business on the last business day of the month must not exceed $149,999.99. Bonus Interest will be not paid if the balance is exceeded.
3. When the balance reaches $150,000 and over or when the bonus interest criteria has not been met as per clause 2.2, the Base Rate will be applied to the entire balance.
4. Transfers from the Super Saver Account are limited to a linked Everyday Account. The linked Everyday Account must be in the same name/s as the Super Saver Account.
5. As per clause 1.2, the end of day account balance on the last day of each month will not be included in the interest calculation for that month but will be included in the interest calculation for the following month. Therefore, the balance on the last day of the month will only earn Bonus Interest if the following month meets the bonus interest qualifying criteria as per clause 2.2 & 2.3.
6. Limit of 3 accounts per account holder.
7. Corporate cheque withdrawals from the account are not permitted.
8. Bank First may, at its discretion, vary, suspend or discontinue offering the Super Saver Account to new applicants at any time. Any changes affecting existing accountholders will be subject to applicable terms, conditions and notice requirements.