Changes to our Term Deposit and Savings interest rates

We've recently changed our Term Deposit and Savings interest rates

Changes to Term Deposit interest rates
 
Effective Thursday, 9 November 2023, a number of Term Deposit interest rates have increased: 
 
Balances $5,000 - $49,999 & Balances $50,000-$99,999
 
  • Interest rate for 3 month terms have increased by 0.35% p.a.
  • Interest rate for 6 month terms have increased by 0.25% p.a.
  • Interest rate for 12 month terms have increased by 0.30% p.a.
 
Balances $100,000 - $249,999 & Balances $250,000-$1,000,000
 
  • Interest rate for 3 month terms have increased by 0.30% p.a.
  • Interest rate for 6 month terms have increased by 0.30% p.a.
  • Interest rate for 12 month terms have increased by 0.25% p.a.
 
You can view our current Term Deposit interest rates here.
 
Changes to other savings interest rates
 
Effective Thursday, 9 November 2023, Community First has also increased the interest rate on the following savings accounts:    
 
Retirement Plus Account
 
  • For balances up to $9,999 - no change        
  • For balances $10,000 - $99,999 - interest rate increased by 0.15% p.a.
  • For balances $100,000 and over - interest rate increased by 0.30% p.a.
 
Junior Saver Account
 
  • Interest rate for balances up to and including $10,000 - increased by 0.25% p.a.        
 
Christmas Cracker Account
 
  • Interest rate for all balances increased by 0.50% p.a.            
 
FirstBiz Online Savings Account
 
  • Interest rate for balances under $50,000 - increased by 0.25% p.a.
  • Interest rate for balances $50,000 - $500,000 - increased by 0.25% p.a.   
  • Interest rate for balances $500,000 and over - increased by 0.25% p.a.
 






Last updated: 9 November 2023

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.

Community First Credit Union LimitedABN 80 087 649 938 | Operating as Community First Bank | AFSL and Australian credit licence 231204| BSB 512-170