Everyday accounts interest rates
Access account interest rates
| Rates for portion of balance between: | $0.00 - $4,999.99 | $5,000.00 - $99,999.99 | $100,000.00+ |
|---|---|---|---|
| Variable | 0.00% p.a. | 0.00% p.a. | 0.01% p.a. |
Account terms, conditions, fees and charges apply.
How is interest calculated on our Retirement Plus account?
Our Retirement Plus account has a number of interest rate tiers, and accordingly, the interest that you will be paid depends on your account balance.
For example, let's say you have an account balance of $105,000.00.
You will be paid:
- One interest rate on the portion of your balance from $0.00 - $4,999.99,
- One interest rate on the portion of your balance from $5,000.00 - $49,999.99,
- One interest rate on the portion of your balance from $50,000.00 - $99,999.99, and
- One interest rate on the portion of your balance over $100,00.00.
It does not mean that, as your balance is $105,000.00, you will be paid our $100,000.00+ interest rate on the entirety of your balance.
Retirement Plus account interest rates
| Rates for portion of balance between: | $0.00 - $4,999.99 | $5,000.00 - $49,999.99 | $50,000.00 - $99,999.99 | $100,000.00+ |
|---|---|---|---|---|
| Variable | 0.01% p.a. | 1.40% p.a. | 1.80% p.a. | 1.80% p.a. |
Account terms, conditions, fees and charges apply.
You must be aged 55 or over to open a Retirement Plus account.
Interest is calculated daily, paid monthly. Strata interest applies to this account. This means that different rates of interest apply to different parts of your account balance. Interest is paid into your account on the last day of each month.
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