The iNet Saver is an online account designed to help keep your savings separate from your everyday transaction account.

 

Tiered interest rates mean that the more money you contribute to the account, the higher rate of interest you can receive. And with no card access available on this account, there’s less temptation to spend your savings. 

 

Interest is calculated daily on the portion of the balance in each tier at the applicable interest rate and paid monthly. 

  • No minimum balance required
  • Convenience of managing your account online
  • No account or interest restrictions, move your money around to other accounts when you need
  • Immediate access, with funds available 24 hours a day, 7 days a week

Interest rate for $500,000.00 plus

2.60 % p.a. Interest rate
Daily Balance Interest Rate
$0 - $99,999.99 0.00% p.a.
$100,000.00 - $249,999.99 1.00% p.a.
$250,000.00 - $499,999.99 1.50% p.a.
$500,000.00 plus 2.60% p.a.

Product Features:

Saving Features
Minimum opening deposit : $0
Funds available : At Call – 24/7 access
Statement options : Online statements
Monthly account fee : $6 - exempt when membership balance is over $5,000
Transaction fees : Unlimited free transactions available – refer to our fees and charges brochure
Service centre access : No
Online, Mobile and Phone banking : Yes
Visa debit card : No
Cheque book : No
Direct credit : Yes
Direct debit : No
Quick debit : Yes
Periodical payment : No
BPAY : Yes
Bank@Post : No
Interest calculation : Calculated on daily balance and paid monthly
Conditions : Rates paid on each tiered balance

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