Savings Rates
The following are the savings accounts and their applicable interest rates that are available to members of Holiday Coast Credit Union Ltd, effective 20 March 2013.
Account Type
|
Account Balance
|
Interest Rate
|
S2 Save More Savings Account
S8 Business Access Account
S22 Payroll Plus Account
S18 Residential Overdraft
S50 Visa Plus Overdraft Account ^ |
$0 plus |
0.00% pa |
| S3 Christmas Club Account |
$0 plus |
2.00% pa |
| Bonus additional interest of 1.75%pa payable when conditions * met |
|
| S10 First Start Account |
$0 plus |
2.00% pa |
| S13 Deeming Easy Account |
$0 - $45,400 |
2.50% pa |
| $45,400 plus |
4.00% pa |
| S14 Community Support Account |
$0 plus |
0.25% pa |
| S16 Great Day Bonus Saver Account |
$0 plus |
0..50% pa |
| Bonus additional interest of 2.50%pa payable when conditions + met |
|
|
S17 Percentage Plus Account
S19 GST Management Account
|
$0 - $4,999.99 |
0.00% pa |
| $5,000 - $19,999.99 |
0.50% pa |
| $20,000 - $49,999.99 |
1.00% pa |
| $50,000 - $99,999.99 |
2.10% pa |
| $100,000 - $249,999.99 |
2.60% pa |
| $250,000 plus |
3.40% pa |
| Higher rate of interest is paid on the full balance once that tier has been reached |
|
|
S21 i-Saver Account
S31 i-Saver Account
|
$0 - $999.99 |
0.25% pa |
| $1,000 - $19,999.99 |
1.20% pa |
| $20,000 - $99,999.99 |
2.10% pa |
| $100,000 - $199,999.99 |
2.60% pa |
| $200,000 plus |
3.50% pa |
| S24 Body Corporate Account |
$0 plus |
2.50% pa |
| $0 plus |
0.00% pa |
| Choose to receive interest or not to assist with your legal reporting requirements |
|
| S55 Great Day Deeming Account |
$0 - $45,400 |
2.75% pa |
| $45,400 plus |
4.25% pa |
*Minimum $40 customer initiated deposit & no withdrawals are made in the calendar month the higher rate of interest is paid on daily balance for that month
+Minimum $100 customer initiated deposit and no withdrawals are made in the calendar month the higher rate of interest is paid on daily balance for that month
^Existing accounts only. No longer available
These interest rates are subject to change without notice.
DEPOSIT SECURITY
Holiday Coast Credit Union is licensed and regulated as an Authorised Deposit-taking Institution (ADI). ADIs are regulated by the Australian Prudential Regulation Authority (APRA). To check that you’re saving or investing with an ADI, check the list on the APRA website www.apra.gov.au/adi/. The Government Guarantee applies to our deposits.
Eligibility criteria applies. Savings products are issued by Holiday Coast Credit Union Ltd. Conditions of Use (COU) applies and is available at our branches or by calling 1300 365 7 24. Information on this website does not take into account your personal needs and financial circumstances. We recommend that you read the COU, the Financial Services Guide (FSG) the Fees & Charges documents in considering if this product is right for you. *Bonus Interest Criteria: Christmas Club Account -minimum $40.00 customer initiated deposit and no withdrawals are made in the calendar month the higher rate of interest is paid on daily balance for that month. Great Day Bonus Saver Account - minimum $100.00 customer initiated deposit and no withdrawals are made in the calendar month the higher rate of interest is paid on daily balance for that month. Interest from previous month(s) does not contribute towards required minimum monthly deposit. If conditions not met in the calendar month the standard interest rate will apply.