Deposits | Cash Management

The Cash Management Account is an alternative to a Term Deposit for members who need ‘at call’ funds. It provides the serious saver with higher interest rates and limited access.

Purpose	This account is designed for members who wish to save seriously for a major item or as an account to deposit funds temporarily. Solicitors can use this account for informal trusts. Eg: funds from the sale of a property.
Interest Rate	Tiered
Suitable for	For those members who have a balance greater than $500 and wish to increase their savings.Available to all membership types.
Benefits	Assists members with a savings goal
	Easier budgeting
	Funds not reduced by account keeping fees
	The higher the balance of this account, the higher the interest rate.
	Member is able to access interest payments through out the year. Minimum withdrawal/deposit $500. Discourages impulse spending.

Features No Account Keeping Fees Tiered interest rate (whole balance) Interest paid quarterly Restricted access

Access to funds Phone and Internet banking Branches BPAY® Pay Anyone

Special conditions:

Minimum balance of $500 must be maintained
With the exceptions of direct credits minimum transaction of $500 applies.

Fees:

Refer to Fees, Charges and Transaction Limits schedule for current details.

® Registered to BPay Pty. Ltd. ABN: 69 079 137 518