|Balance from...||Interest rate|
|$0 up to $2,000||
0.25 % p.a.
|$2,000 up to $48,000||
1.00 % p.a.
|$48,000 or more||
2.00 % p.a.
The above rates are variable and are calculated daily and paid on the first business day of the following month.
Interest is calculated at the applicable rate on the portion of the balance which falls within each tier.
For example if you have a balance of $50,000 in your account
|Monthly account maintenance fee||$0|
|Electronic, cheque or over the counter withdrawal*||$0|
|Foreign exchange fee||2.95% of the transaction amount|
|Overseas ATM access fee||$5.00 per transaction|
|Paper Statement Fee – effective 13 February 2017||$1.25 per statement (avoid this fee with eStatements)|
There are also costs for things you might ask us to do occasionally that are outside your account’s normal terms and conditions. We charge a service fee for some of these items - so it’s on a user pays basis.
* Other fees and charges, including Direct Charges levied by other Bank ATM’s, overseas ATM access, Foreign Transaction, Honour and Dishonour Fees, may apply.