Withdrawn product rates

Rates listed are for products that are no longer available for sale.

Savings accounts

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Children’s Savings Account
Balance Variable rate
$0 to $2,999.99 0.01% p.a.
$3,000 to $9,999.99 0.01% p.a.
$10,000 to $19,999.99 0.05% p.a.
Over $20,000 0.10% p.a.
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Interest is calculated at the applicable rate on the entire balance.

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Kids' Bonus Saver
Rate type Variable rate
Bonus interest rate 1 2.00% p.a.
Standard interest rate 0.01% p.a.
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TeleNet Saver
Rate type Variable rate
Variable introductory rate (for first four months on balances up to $5,000,000.99) 2 0.40% p.a.
Variable standard interest rate
0.05% p.a.
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Term deposits

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Standard Term Deposit
Term
Maturity/Annually
Half-yearly Quarterly Monthly
1 month 0.05% p.a.
-
- -
2 months 0.10% p.a. - - -
3 months 0.20% p.a. - - -
4 months 0.20% p.a. - - -
5 months 0.20% p.a. - - -
6 months 0.40% p.a. - - -
7 months 0.25% p.a. - - -
8 months 0.25% p.a. - - -
9 months 0.25% p.a.
- - -
10 months 0.25% p.a.
- - -
11 months 0.25% p.a.
- - -
1 year 0.40% p.a.
0.40% p.a. 0.40% p.a. 0.40% p.a.
2 years 0.50% p.a.
0.50% p.a. 0.50% p.a. 0.50% p.a.
3 years 0.50% p.a.
0.50% p.a. 0.50% p.a. 0.50% p.a.
4 years 0.50% p.a.
0.50% p.a. 0.50% p.a. 0.50% p.a.
5 years 0.50% p.a.
0.50% p.a. 0.50% p.a. 0.50% p.a.
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Rates displayed are current and were last updated on 8 October 2021.
Rates subject to change.

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TD at Call
Term Maturity/Annually Half-yearly Quarterly Monthly
1-31 days 0.10% p.a.
- - -
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Rates displayed are current and were last updated on 18 November 2020.
Interest rates on offer may vary at any time without notice.

Bank accounts

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Complete Account
Balance Rate
All balances
0.01% p.a.
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Hero Transaction Account
Balance Variable rate
$0 up to $5,000.99 0.10% p.a.
$5,001 or more 0.00% p.a.
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Business products

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Business Equity Line
Rate type Variable rate
Indicative variable rate 2 6.23% p.a.
Business Equity Line (reference rate) 7.08% p.a.
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1. This rate applies when the following bonus conditions are met.​

  • ​Deposit at least $25 during the month (on or before the last business day)​
  • Any amount that exceeds the $250 per month will not be accepted by our system and sent to your linked Children’s Savings Account​
  • Do not make any withdrawals during the month.

2. New TeleNet Saver customers only.

3.The indicative variable rate is based on a fully secured loan option.