Rates & Fees Business Savings Interest Rates
Business Savings Interest Rates
Written by Aija Zablovska
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Cash Management Account
| Balance | Interest Rate % p.a. |
| $1-$5,000 | 0.01% p.a. |
| $5,001-$20,000 | 1.25% p.a. |
| $20,001 - $50,000 | 1.50% p.a. |
| $50,001 - $100,000 | 1.75% p.a. |
| $100,001 and above | 2.25% p.a. |
Effective 15 May 2013
Minimum opening balance $5,000. Interest paid March, June, September and December. Tiered Interest.
e-ZYNET Direct Account
| Balance | Interest Rate % p.a. |
| $1-$5,000 | 2.25% p.a. |
| $5,001-$100,000 | 2.75% p.a. |
| $100,001 and above | 3.00% p.a. |
Effective 15 May 2013
Interest calculated on daily balance and paid monthly. Tiered interest.
Super Fund - Retirement Savings Account
| Balance | Interest Rate % p.a. | Interest Benefit* |
| $1-$1,999 | 0.50% p.a. | $9.99 p.a. |
| $2,000-$9,999 | 1.00% p.a. | $99.99 p.a. |
| $10,000-$19,999 | 1.50% p.a. | $299.98 p.a. |
| $20,000-$49,999 | 2.00% p.a. | $999.98 p.a. |
| $50,000 and above | 2.50% p.a. | $1750.00 p.a.** |
Effective 1 June 2013
*Projected interest earned annually based on the highest balance for each interest rate band (before tax). Illustrations only. Daily interest based on whole balance credited monthly. Excludes compound interest – actual interest payments may be higher.
**Based on $70,000. Tiered interest.
Business Transaction Account
| Balance | Interest Rate % p.a. |
| All balances | 0.01% p.a. |
Effective 8 December 2009
Interest calculated on daily balance and paid monthly. Tiered interest.
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NOTES:
Strata interest – Different interest rates apply to different portions of your account balance.
Tiered interest – A single interest rate applies to the entire balance of your account. When you balance reaches a higher tier you will receive the highest interest rate for that tier on the entire balance of your account.
Single Tiered Interest – A single interest rate applies to the entire balance of your account.
This interest rate brochure forms part of the Product Guide for each Hunter United Employees’ Credit union Savings Account and RSA Product Disclosure . Download Product Guide and Product Disclosures Statements here. You should consider the Product Guide or Product Disclosure Statement in deciding if this product is appropriate for you. Terms, conditions, fees and charges apply. Terms and conditions available on application. Rates subject to change.
