Notice to Members: Changes to Savings Account Interest Rates

Notice to Members: Changes to Savings Account Interest Rates

Australian Military Bank and RSL Money wishes to advise that effective 1 December 2020, the below interest rates will apply to selected accounts:

Pensioner Access Account

Tier	Old Rate	New Rate	Change
$0-$49,200	0.25%	0.25%	0.00%
$49,201-$250,000	1.00%	0.80%	-0.20%
$250,000+	0.25%	0.25%	0.00%

 

DIY Super Saver Account

Tier	Old Rate	New Rate	Change
All Balances	1.00%	0.80%	-0.20%

 

Online Saver Account

Tier	Old Rate	New Rate	Change
$0-$4,999	0.00%	0.00%	0.00%
$5,000-$500,000	0.10%	0.10%	0.00%
Bonus Rate*	1.00%	0.80%	-0.20%

*The bonus interest rate is applied to the full account balance when a balance between $5,000 and $500,000 is maintained and no withdrawals are made during the month.

 

Star Saver Direct Account

Tier	Old Rate	New Rate	Change
$0 - $1,999	0.01%	0.01%	0.00%
$2,000+	0.25%	0.05%	-0.20%

 

Recruit Salary Saver

Tier	Old Rate	New Rate	Change
All Balances	1.25%	1.05%	-0.20%

 

^{Interest rates are current as at the time of publication and are subject to change. Fees, charges, terms and conditions apply. For full product details please visit our website.}

^{Australian Military Bank Ltd ABN 48 087 649 741 AFSL and Australian Credit Licence Number 237 988. RSL Money is a business name of Australian Military Bank Ltd.}