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Lifestyle Account

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Introducing the new Lifestyle Account for 18 - 35 year olds

The Lifestyle Account is a savings account that supports all your savings goals, whatever your lifestyle. The account has been designed to create the perfect mix of a disciplined savings plan with a high-interest rate to help you achieve your savings goals sooner. Depositing a minimum of $400 a month with no withdrawals will earn you bonus interest. We understand that this may not always be possible, but not to worry, you will always earn the standard interest, and you can try again the following month to earn bonus interest.

 

How much will I earn?

  • Standard interest rate of 1.25%pa.
  • Bonus interest of 1.50%pa can be earned in addition to standard interest if you deposit a minimum of $400 per month^.

Lifestyle benefits include:

  • Ongoing bonus interest^.
  • Helps achieve your financial goals.
  • Competitive interest rate.
  • Assist in saving for your first home or other lifestyle goal.

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  Additional Product Information:

^ Lifestyle Accounts are only available to members aged 18-35 and limited to one account per membership. Rates are current as at 06/07/18 and subject to change without notice. Standard interest of 1.25%pa applies when bonus conditions are not met. Bonus interest of 1.50%pa is paid if you deposit a minimum of $400 per calendar month and make no withdrawals or transfers. Maximum account balance that bonus interest will be paid on is $75,000. Interest will be calculated daily and paid monthly.  To help promote savings, you are not able to order an access card on the Lifestyle account. For card access, a Transaction account can be opened.