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Why choose our Cash Management Account?

An account for parking larger balances, while still offering unlimited access to your funds.
The higher your balance, the higher the rate of interest you could earn.
No monthly account keeping fees.^
Interest is calculated on your entire balance, calculated daily and paid quarterly.
Manage your money 24/7 – access your money whenever you need to, wherever you are via Online Banking or our Mobile App.
Osko® and PayID™ – set up your PayID to send and receive payments in seconds thanks to Osko by BPAY.
Can be opened as a single or joint account.
Rates are effective as at 9am Tuesday 21/09/2021

Cash Management Account Interest rates

Rates for portion of balance between: $0.00 - $19,999.99 $20,000.00 - $199,999.99 $200,000.00 - $499,999.99 $500,000.00+
Variable 0.01% p.a. 0.01% p.a. 0.01% p.a. 0.01% p.a.

Fees

Monthly account-keeping fee $0

The above are a selection of our fees only. Additional Fees and Charges may apply. For further information please view the Cash Management Product Schedule below.

Who can open a Cash Management Account?

Our Cash Management Account can be opened by any individual in Australia, with a valid Australian residential address.

Plan your savings goal with help from our calculators

Savings and Deposit Calculator

Budget Planner

Income Tax Calculator

Got a question about our Cash Management Account?

Checking your balance is easy and convenient for Greater Bank savings accounts, and can be done in a number of ways:

  • If you’re using our Mobile App, you can set your savings account up so that it’s one of the balances displayed using Quick Balance. By swiping right on our app login screen, you’ll be able to see your balance at a glance.
  • If you’re registered for and using online banking, you can login at any time and view your current account balance on the accounts home screen.
  • You can use Phone Banking to check your account balance around the clock as well – just call 1300 363 536.
  • During business hours, you’re able to ask for your account balance in any Greater Bank branch, or by giving us a call on 13 13 86.

Depending on the type of savings account you’ve opened, the way in which you’ll be able to transfer funds out of your account may differ.

  • If you have opened a Term Deposit, you will have 10 days from the date of maturity to add or remove funds. After this time, the term will reinvest. If you need to take money out or close the term outside this 10 day period, the interest we pay will be significantly reduced. You will need to contact us to arrange this.
  • If you’ve opened a Bonus Saver Account, you’ll need to transfer funds out to a linked everyday account before you can then transfer it elsewhere.
  • If you’ve opened a Life Saver or Cash Management Account, you are able to freely transfer funds out of your account at any time.

Just be aware that by transferring funds out of your savings account, you may be at risk of failure to meet the account conditions in order to earn interest in a given month.

Of course. You can have deposits made directly into any Greater Bank savings account. You can do this in a number of ways:

  • You can have real-time payments made directly into your account using Osko ® by BPAY. You can also assign a PayID ™ to your savings account to make the process even easier.
  • You can also have deposits made directly into your account using your BSB and account number. (Greater Bank’s BSB number is 637 000)

It is important to note that a deposit can only be made on the maturity date or within the next 10 days for any Term Deposit accounts. Any payments made to a Term Deposit outside this time will be rejected.

Can't quite find what you're after?

Got a question?

Maybe you’re not alone. Our FAQs answer some of the more common banking questions we get asked.

Frequently asked questions

Drop into a branch

Our friendly staff are happy to help with all your banking needs. Find a location near you across NSW and South East QLD.

Find a branch

Get in touch

Call us Monday to Friday 8:00am – 6:00pm and Saturdays 8:00am – 1:00pm AEST.

Call 13 13 86

^ Other fees and charges may apply. Refer to the relevant Product Schedule for further information.

We calculate interest by applying the daily percentage rate applicable to your daily balance as set out in the above tiers to the entire daily balance. We pay interest quarterly on 31 March, 30 June, 30 September and 31 December. These rates are current as at the Effective Date and are subject to change by Greater Bank without further notice. Please read the Cash Management Account Product Schedule and the Banking General Terms and Conditions for more information.

PayID is a trademark of NPP Australia Limited. ® Registered to BPAY Pty Ltd ABN 69 079 137 518. You should review the terms and conditions and consider whether the Osko and Pay ID service is appropriate for your personal circumstances.