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Savings Interest Rate Changes

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We are increasing the interest rates for the following savings products, effective 14 June 2022.

  • Power-Up eSaver (S6, S51 & S71) for balances $1 and over interest rate increased by 0.25% to 0.26%1.
  • Christmas Savings Account (S4)* for balances $1 and over interest rate increased by 0.25% to 0.35%2.
  • Pensioner Security Account (S8 & S72) for balances $1 - $45,400 interest rate increased by 0.25% to 0.26%2.
  • Pensioner Security Account (S8 & S72) for balances over $45,400.01 interest rate increased by 0.25% to 0.45%2.

For more details, please see our latest interest rate schedules below.

* Withdrawals only available from 1 November to 31 January.
1. Interest is calculated daily and paid monthly
2. Interest is calculated daily and paid quarterly.
 

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