Competitive interest savings
Earn our variable introductory rate, currently 2.60%p.a. for the first 4 months when your balance remains under $500,000.
At the end of the 4 months or if at any time your balance exceeds $500,000 (including due to interest credited to your account*), your account will have our ongoing standard variable rate, currently 1.60%p.a.
*For example: If your initial balance is $500,000, and you earn $1,000 interest in month 1, your balance of $501,000 in month 2 will earn interest at 1.60%p.a. on the entire balance, even though you are in the introductory period.