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We offer high savings and investment rates as we do not have shareholders taking a percentage of our profits. Any profits we make are returned to you through better products, rates and fees.

We offer competitive rates on:

Rates effective: 9 October 2017
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Everyday Accounts Interest Rate

Redisavings

0.01% pa

Advantage 55
Account for members aged 55 years or more.

The first tier of interest is paid on the portion of the balance under $2,000. A second tier of interest is paid on the portion of the balance between $2,000 and $49,999. A third tier of interest is paid on the portion of balances above $50,000.

$0 - $1,999
$2,000 - $49,999
$50,000 or more

 

 

 
 
 

0.01% pa
1.00% pa
1.75% pa

Advantage
An everyday account with special transaction fee conditions.

0.00% pa

Super Saver
Account for members 12 years or younger.

If one or more deposits totalling $2 or more are made and no withdrawals during the same calendar month.
Note: if the conditions are not followed during the calendar month, the balance will attract 0.50%p.a. interest.

1.75% pa

Teen Saver
Account for members 13 to 17 years.

0.50% pa

Community Support

0.01% pa

Business Saver

0.01% pa

 

Savings Accounts Interest Rate

HorizonDirect
Internet only savings account

1.50% pa

Special Purpose

0.01% pa

Cash Management

$0 - $9,999
$10,000 - $49,999
$50,000 - $249,999
$250,000 or more

 

0.01% pa
0.75% pa
1.50% pa
1.75% pa

Christmas Club
Budget account for Christmas.
Interest is calculated on the daily balance and credited to the account on the 31st of October.

1.75% pa

Reward Saver
If one or more deposits totalling $50 or more are made and no withdrawals during the same calendar month.
Note: if the conditions are not followed during the calendar month, the balance will attract nil interest.


Reward Saver Introductory Special
^An introductory Fixed Bonus Rate for 3 months, is available to new or existing members who have not previously held a Reward Saver Account.
Note: if the conditions are not followed during the calendar month, the balance will attract the bonus interest only.

1.75% pa
Reward

 

 

1.75% pa Reward + 0.50% p.a. Bonus

Youth Reward Saver
Available to members aged 13 to 17 years.
If one or more deposits totalling $10 or more are made and no withdrawals during the same calendar month.
Note: if the conditions are not followed during the calendar month, the balance will attract 0.50%p.a. interest.

1.75% pa
Reward

Handyloan
Overdraft secured by mortgage, if in credit.

0.01% pa

Mortgage Breaker
An offset account against a particular loan type's balance. 

% pa

SMSF Saver
The SMSF (Self Managed Super Fund) Saver account is a general working account for registered super funds.

1.75% pa

Unless otherwise indicated, most everyday and savings accounts' interest is calculated on the daily balance and credited at the end of the month.

All overdrawn savings accounts will be charged the standard overdrawn rate of 14.95%p.a.

Term Deposit Accounts   Interest Rate

Interest paid on maturity or annually.

$500 - $4,999

$5,000 +

1 month
2 months
3 months
4 months
6 months
9 months
1 year
2 years
3 years
N/A
N/A
1.80% pa
1.80% pa
1.90% pa
2.00% pa
2.20% pa
2.40% pa
N/A
1.80% pa
1.80% pa
2.00% pa
2.00% pa
2.10% pa
2.20% pa
2.40% pa
2.60% pa
2.70% pa

 

  Additional Information