The Greater Building Society has boosted its product offering to take on the major banks by launching a new fee-free savings account.
Product manager David Bryde says the Ultimate Access Account offers no monthly account keeping fees and, if at least $2000 a month is deposited into the account, no transaction fees.
Mr Bryde says that if people earn more than $500 per week, all they need to do is have their pay deposited into the account and they can enjoy transaction fee-free banking.
“We expect this account will be very appealing to bank customers who currently pay monthly fees or transaction fees on their everyday account,” Mr Bryde says.
“With the Greater’s Ultimate Access Account you do not have to maintain a minimum balance to avoid fees and there are no minimum withdrawal requirements,” he says.
“Thanks to our partnership with rediATM, customers also have access to their money from around 3,200 ATMS across Australia, free of direct charges.”
“At the Greater we are always finding ways to help our members avoid fees.”
To celebrate the launch of the account, every customer who opens this account between July 1, 2010 and 30 November, 2010 and meets the minimum $2,000 per month deposit requirement, will automatically go into the draw for a chance to win $250,000.
Greater Ultimate Access Account
- No monthly account keeping fees
- No transaction fees if deposit $2,000 each month
- No minimum balance required to avoid fees
- 24-hour access to your money
- Free internet and phone banking
- Linked cheque book facility if required
- Email Statements
The Greater Building Society is one of Australia’s largest building societies serving around 250,000 members in regional NSW, the Queensland Gold Coast and Townsville. With the help of global personality, Jerry Seinfeld, the Greater has launched on an ambitious campaign to position itself as a big, safe alternative to the major banks.
Media information: Craig Eardley, Greater PR, on 0437 477 493.
