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Notice to Members: Changes to Savings Account Interest Rates

01 December 2020

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.

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