Online Saver Accounts

Online Saver Accounts (“the Account”) are a flexible savings facility which contains the following main features:

• The Accounts allow the customers to access their funds on demand
• The Accounts offer a higher rate of interest on balance equal or above the amount of AUD3,000(currently 3.50%p.a. interest rate is variable)
• No Account keeping fee applies the account
  
• Customers are provided with internet banking registration
• Customers may access the Accounts via internet or by using their passbooks or debit cards
• The Accounts may be linked with the Bank’s safe deposit box facility
• The currency of the Account is Australian dollars (AUD). Deposits and withdrawals in other currencies can only be accepted by the Bank if the customers authorise the Bank to exchange currencies
• The Accounts can only be opened by individual customers
• Please refer to our Fees and Charges schedule for details relevant to this account.