Rates & Fees

Interest Rates

Rates are effective as at 9 July 2010

Home Loans

  Interest Rate Comparison Rate1 Comparison Rate2
Standard Variable Loan 7.32% p.a. 7.37% p.a 7.34% p.a.
Introductory Rate 1% below standard variable for first year * 7.26% p.a. 7.25% p.a.
Quick Start Variable Loan 6.72% p.a. 6.85% p.a. 6.78% p.a.
Fixed Rate Loan: 1 Year 6.99% p.a.3 7.33% p.a 7.31% p.a.
Fixed Rate Loan: 2 Years 7.29% p.a3 7.36% p.a 7.34% p.a.
Fixed Rate Loan: 3 Years Negotiated    
Fixed Rate Loan: 5 Years Negotiated    
Mortgage Breaker (no longer available) 7.32% p.a. variable    
Easy Access Loan 7.32% p.a. variable    

* rate will revert to standard variable after 12 months

Personal & Car Loans

  Interest Rate Comparison Rate 4 Comparison Rate 5
Fully Secured (Variable) 8.95% p.a. 10.31% p.a. 4 9.23% p.a. 5
Partially Secured (Variable) 12.50% p.a. 13.89% p.a. 4 12.79% p.a. 5
Unsecured (Variable) 14.20 % p.a. 15.60% p.a. 4 14.50% p.a. 5

Warning: The comparison rate applies only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

 

Visa Cards & Overdrafts

  Interest Rate
Introductory Visa Credit Card Rate 6.99% p.a.6
Visa Credit S40 (up to 44 days interest free) 11.99% p.a. variable
Visa Debit S73 (with overdraft facility) 14.20% p.a. variable
Visa Debit S757 (1st mortgage secured) 8.32% p.a. variable
Unsecured Overdraft 16.00% p.a. variable
Secured Overdraft 11.25% p.a. variable
Overlimit Penalty +2% p.a. in addition to the standard rate.

 

Term Deposits

SPECIAL 5.20% p.a. 3 months Interest paid on maturity Minimum $10,000
SPECIAL 5.80% p.a. 6 months Interest paid on maturity Minimum $10,000
Interest Paid on Maturity (I22) $1,000 to $4,999 $5,000 to $24,999 $25,000 to $49,999 $50,000 to $100,000
36 months to less than 48 months 2.20% p.a. 3.20% p.a. 3.50% p.a. 3.50% p.a.
24 months to less than 36 months 2.20% p.a 3.20% p.a. 3.25% p.a. 3.25% p.a.
12 months to less than 24 months 2.20% p.a 2.70% p.a. 2.80% p.a. 3.00% p.a.
9 months to less than 12 months 2.20% p.a 2.70% p.a. 2.80% p.a. 2.80% p.a.
6 months to less than 9 months 2.20% p.a 2.70% p.a. 2.80% p.a. 2.80% p.a.
3 months to less than 6 months 2.20% p.a 2.70% p.a. 2.80% p.a. 2.80% p.a.
Less than 3 months 2.20% p.a 2.50% p.a. 2.50% p.a. 2.60% p.a.

 

Interest Paid Six Monthly (I39) : Minimum investment - $5,000
Term $5,000 to $24,999 $25,000 to $49,999 $50,000 to $100,000
36 months to less than 48 months 3.20% p.a. 3.50% p.a. 3.50% p.a.
24 months to less than 36 months 3.20% p.a. 3.20% p.a. 3.20% p.a.
12 months to less than 24 months 2.70% p.a. 2.80% p.a. 3.00% p.a.
9 months to less than 12 months 2.70% p.a. 2.80% p.a. 2.80% p.a.
6 months to less than 9 months 2.70% p.a. 2.80% p.a. 2.80% p.a.

 

Interest Paid Monthly (I37) : Minimum investment - $5,000
Term $5,000 to $24,999 $25,000 to $49,999 $50,000 to $100,000
24 months to less than 36 months 3.15% p.a. 3.20% p.a. 3.20% p.a.
12 months to less than 24 months 2.70% p.a. 2.80% p.a. 3.00% p.a.
9 months to less than 12 months 2.70% p.a. 2.80% p.a. 2.80% p.a.
6 months to less than 9 months 2.70% p.a. 2.80% p.a. 2.80% p.a.

 

Club Classic Members (incorp. Edvest) - Interest Paid Monthly (I10)
Minimum Investment - $5,000
Term $5,000 to $24,999 $25,000 to $49,999 $50,000 to $100,000
24 months to less than 36 months 3.30% p.a. 3.35% p.a. 3.35% p.a.
12 months to less than 24 months 2.80% p.a. 2.90% p.a. 3.10% p.a.
9 months to less than 12 months 2.80% p.a. 2.90% p.a. 2.90% p.a.
6 months to less than 9 months 2.80% p.a. 2.90% p.a. 2.90% p.a.

 

Savings Accounts

Account Amount Interest Rate

Rediaccess/Cheque Account (S5) 8 & 9

 $0 - $4,999 0.00% p.a.
  Above $5,000 0.10% p.a.

Biz eAccess Savings (S31) 8 & 10

 $0 - $9,999 0.00% p.a.
  $10,000 4.50% p.a.

eAccess Account (S30) 10

 All 4.50% p.a.

Budget Account (S1) 9

 All 0.10% p.a.

Christmas Savings Account (S7)12

 All 1.50% p.a.
Amount

Investment Plus
(S8)8 & 10

B.E.S.T. Money Market (S16)8 & 11 GST
Acccount
(S33)8 & 11
$0 - $ 4,999 0.10% p.a 0.00% p.a. 0.50% p.a.
$5,000 -$19,999 0.25% p.a. 0.50% p.a. 1.00% p.a.
$20,000 - $49,999 0.55% p.a. 1.80% p.a. 1.25% p.a.
$50,000 - $99,999 0.75% p.a. 2.00% p.a. 1.55% p.a.
Above $100,000 0.75% p.a. 2.50% p.a. 2.50% p.a.
Pensioner Account (S36 or S38) 8 & 10
Amount Single Pension (S36) Couple Pension (S38)
$0 - $42,000 3.00% p.a.  
Above $42,000 4.50% p.a.  
$0 - $70,000   3.00% p.a.
Above $70,000   4.50% p.a.

 

Please note: Rates are subject to change without notice. Fees and charges apply. Terms and conditions are available on application.

More Information

Questions?

If you have any questions, please contact us.

1 Comparison rate based on a $150,000 loan over a 25 year term.
2 Comparison rate based on a $300,000 loan over a 30 year term.
3 At the end of this period rate will revert to the standard variable interest rate applicable at that time.
4 Fully secured, Partially secured and Unsecured Personal loan comparison rates based on a $10,000 loan over a 3 a year term.
5 Fully secured, Partially secured and Unsecured Personal loan comparison rate based on a $30,000 loan over a 5 year term.
6 Introductory rate Visa credit card is for six months after which the interest rate reverts to the standard Visa Credit variable interest rate.
7 Interest rate 1% above the owner occupied standard.
8 Interest paid on portion of balance within the tier.
9 Interest calculated daily on the closing balance and credited June 30.
10 Interest calculated daily on the closing balance and credited monthly.
11 Interest calculated daily on the closing balance and credited March, June, September and December.
12 Interest calculated daily on the closing balance and credited October 31.

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