Important Notice for Customers – Interest Rate Changes for Savings Accounts effective 10 August 2020
Notice to Customers
Savings account interest rates
The following interest rates are effective 10 August 2020
Product | Rate per annum | New rate per annum |
Special eSaver Account | ||
$0 - $24,999 | 0.25% | 0.10% |
$25,000 - $49,999 | 0.50% | 0.25% |
$50,000 - $149,999 | 0.75% | 0.50% |
$150,000 - $249,999 | 1.00% | 0.75% |
$250,000+ | 1.25% | 0.95% |
Premium Business Account | ||
$0 - $1,999 | 0.00% | No change |
$10,000 - $19,999 | 0.00% | No change |
$20,000 - $49,999 | 0.00% | No change |
$50,000 - $149,999 | 0.00% | No change |
$150,000 - $249,999 | 0.10% | 0.05% |
$250,000 - $499,999 | 0.25% | 0.10% |
$500,000+ | 0.35% | 0.15% |
Online Saver Business Account | ||
$0 - $9,999 | 0.00% | No change |
$10,000+ | 1.00% | 0.75% |
Bonus Saver Account | ||
Base rate | 0.15% | No change |
Bonus rate | 1.60% | 1.50% |
Maximum rate | 1.75% | 1.65% |