BSB 802-249
Cash Management
I’m a saver, but I don’t want to commit to a Term Deposit, so I want to earn interest while I decide how to use my money.
Perfect for
Business owner
Flexible saver
Product Features
Enjoy the perks of a Cash Management account, like:
Higher rates of interest
No monthly account keeping fee
- Minimum opening balance is $500.
Deposits:
- Branch (cash, cheque)
- Direct credit
- Electronic transfer
Withdrawals:
- Branch (cash, cheque)
- Internet / Phone banking (only for internal account transfers)
- BPAY®
- Pay Anyone
• No Account Keeping Fees apply (other fees and charges may apply).
Note: For additional information on our fees, refer to our Fees, Charges and Transaction Limits brochure.
| Balance | Interest Rate |
| $0 – $4,999 | 0.05% p.a. |
| $5,000 – $9,999 | 0.05% p.a. |
| $10,000 – $19,999 | 0.70% p.a. |
| $20,000 – $49,999 | 1.00% p.a. |
| $50,000 – $99,999 | 1.50% p.a. |
| $100,000 + | 2.00% p.a. |
Interest is calculated daily on closing credit balance, credited 31 March, 30 June, 30 September & 31 December each year.
Important notes
Interest Rates current as at 03/07/2018 and are subject to change. Illawarra Credit Union is a division of Community Alliance Credit Union Limited the product issuer of the deposit and payment products. Any advice given is of a general nature only and does not take into consideration your objectives, financial situation or needs. Please consider the appropriateness of the advice before acting. Refer to the Account and Access Facility Conditions of Use and the Fees, Charges and Transaction Limits brochure for current details.
