It looks like you are using an older browser. From Tuesday 16th August 2016, a security upgrade to NetBanking will mean that people using older browsers will not be able to access NetBanking.

Find out more about updating your browser.

To avoid inconvenience, please upgrade your browser immediately. Directions on how to do so can be found by clicking on the title of your chosen browser. Internet Explorer, Chrome, Firefox, Opera or Safari.

AccountsAccounts

LoansAccounts

InsuranceAccounts

CardsCredit Cards

New car loan special

Financial Planning

Foreign ExchangeAccounts

Something ExtraSomething extra

About UsAccounts

New car loan special

BlogAccounts

Club HeroAccounts

Important information regarding interest rate changes

As Members would be aware, we are currently operating at record low official interest rates. This difficult economic environment means we must consistently monitor the interest rates, fees and charges that apply to the loans, savings and investment accounts we offer Members.

A recent review of our range of savings accounts has led to a small reduction in the interest rate on a number of accounts. We have aimed to keep the impact of the changes on our Members as low as possible. Further, our market research indicates that all impacted accounts remain competitive in the market with regard to the interest rates, fees, terms and conditions offered.

During the same review, a decision was made to remove a number of transaction fees and reduce the balance required to qualify for transaction fee exemptions – meaning a significantly increased number of Members now qualify for fee-free transactional banking.

We will continue to monitor both the transaction fees we charge and the interest rates we offer in an attempt to deliver an overall product offering that benefits a majority of Members. If you have any questions regarding this change, please feel free to contact us.

Effective 11 February 2019, the interest rate offered on the following savings accounts will be reduced: 

Bonus Saver, Student Money Saver and Future Start

 

Old rate

New rate

Base interest rate

0.01% p.a.

0.01% p.a.

Bonus interest rate

2.59% p.a.

2.49% p.a.

Total interest (all conditions met)

2.60% p.a.

2.50% p.a.

Online Saver and Business Online Saver

 

Old rate

New rate

Interest rate

1.70% p.a.

1.50% p.a.

GoSaver

 

Old rate

New rate

Interest rate

2.30% p.a.

2.10% p.a.

Pension Plus

Old balance range

Old rate

New balance range

New rate

Balances up to $49,200

1.35% p.a.

Balances up to $50,000

1.25% p.a.

Balances more than $49,200

2.60% p.a.

Balances more than $50,000

2.50% p.a.