We've updated the interest rates on our Everyday Business account.
Effective 1 September 2018, the Credit Union will be making the following changes to our Everyday Business account.
We’re reducing our monthly business banking fee.
Your new monthly fee will be reduced to $10, half the current fee. The change will come into effect on 1 September 2018.
We’re updating our interest rates and tiers.
The interest rates and tiers on the Everyday Business product will be updated as per the table below.
|Everyday Business tiers||New interest rate|
|$0 – 4,999||0.00% p.a.|
|$5,000 – 19,999||0.05% p.a.|
|$20,000 – 49,999||0.05% p.a.|
|$50,000 – 99,999||0.10% p.a.|
|$100,000 +||0.10% p.a.|
If you would like to speak to a member of our staff about the changes, please call 13 22 49 or email email@example.com.