News & Updates
Interest Rate Changes
- Details
- Posted 25 January 2017
Pensioner Plus Savings Accounts (S10/S17) interest rates are changing from the 1st February 2017. The new rates will be:
$0 to $500 | 0.50% p.a |
$501 to $48,000 | 1.00% p.a |
Above $48,000 | 2.30% p.a |
Interest is calculated on the daily balance and paid on the last day of each month. Interest is calculated on that portion of the balance that sits within each tier.