Effective 1 November 2018, there will be changes to some of our deposit products including the Autopay account, Junior Saver account and FirstBiz Online Business Savings account.
New Autopay accounts will be no longer be available to open. Alternatively, the S7 Access Account is identical to the Autopay account and offers optional debit card access. If you currently have an Autopay account, you can continue to keep using this account.
Junior Saver account
Previously, 5 different interest rates were payable depending on your balance. For simplicity, all accounts will now receive an interest rate of 1.00% p.a. regardless of the balance.
FirstBiz Online Business Savings account
The interest rate across both balance tiers will be decreasing by 0.25% p.a. with the new interest rates detailed below:
- Balances $500K and over will receive 1.75% p.a.
- Balances less than $500K will receive 1.50% p.a.
If you would like to talk to us about any of the changes outlined above please contact us on 1300 13 22 77, via email at firstname.lastname@example.org or visit your nearest Financial Services Store.
Last updated: 01 November 2018
The information contained in this article is only correct at the point of time of publication. It is general information and has been prepared without taking into account your personal circumstances, objectives or needs. Please consider if this information is right for you before making a decision to acquire any product.