Rates and Fees
- Home Loans
- Credit Cards
- Personal Loans and Car Loans
- Everyday Transaction Accounts
- Savings and Investment Accounts
- Term Deposits
Home Loans
Home Loan Interest Rates (Effective Date: 15 August 2008)
| Home Loan | Annual Percentage Rate (%pa) | Comparison Rate (%pa) |
| Easypay Home Loan (low variable rate) | 8.97%pa | 9.07%pa |
| Lifestyle Home Loan (discounted introductory rate for first 12 months reverting to the standard variable rate) | 8.49%pa | 9.53%pa |
| Lifestyle Home Loan (standard variable rate) | 9.55%pa | 9.65%pa |
|
Fixed Rate Home Loan |
|
9.43%pa |
| Low Doc Home Loan | 9.67%pa | 9.77%pa |
| Equity Access | 9.56%pa | n/a |
| Bridging Loan | 9.89%pa |
9.99%pa |
| Easy Living Access Loan (reverse Mortgage) | 10.00%pa | 10.13%pa |
| Business Loan | 9.55%pa | n/a |
The comparison rate for Police & Nurses home loans is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These comparison rates are accurate only for the examples given, when monthly repayments are made. Different amounts and different terms will result in different comparison rates. Other factors such as redraw fees or early repayment fees, and costs such a fee waivers, are not included in the comparison rate but may influence the final cost of the loan. All home loans are secured by first mortgage over property. Download the Comparison Rate Schedule (Adobe Acrobat Reader required).
Home Loan Fees
Establishment fees (including valuation)
| Home Loan | Establishment Fee |
| Easypay Home Loan | $650 |
| Lifestyle Home Loan | $650 |
| Fixed Rate Home Loan | $650 |
| Low Doc Home Loan | $650 |
| Equity Access | $650 |
| Bridging Loan | $650 |
| Easy Living Access Loan | $850 |
| Business Loan | 0.6% of the loan amount (min $650) |
| Loan Top Ups | $410 |
| Switching Loans | $410 |
Maintenance fees
| Home Loan | Maintenance Fee |
| Easypay Home Loan | $5 per month (Nil monthly fee if linked to offset account) |
| Lifestyle Home Loan | $5 per month |
| Fixed Rate Home Loan | $5 per month |
| Low Doc Home Loan | $5 per month |
| Equity Access | $8 per month |
| Bridging Loan | $5 per month |
| Easy Living Access Loan | $80 per annum, plus $50 administration fee every five years |
| Business Loan | $5 per month |
Credit Cards
Credit Card Interest Rates (Effective Date: 21 July 2008)
| Easypay VISA Credit Card | 11.99%pa |
| Annual fee | $36 |
| Cash advance (domestic or overseas) | $4.20 |
Personal Loans and Car Loans
Personal Loan and Car Loan Interest Rates (Effective Date: 18 March 2008)
| Loan Product | Annual Percentage Rate (%pa) | Comparison Rate (%pa) |
| Easypay Car Loan - secured (fully secured by a motor vehicle up to seven years old) |
10.99%pa | 11.86%pa |
| Easypay Car Loan - unsecured (unsecured) |
13.99%pa | 14.86%pa |
|
Easypay Personal Loan - secured |
10.99%pa | 11.86%pa |
|
Easypay Personal Loan - unsecured |
13.99%pa | 14.86%pa |
The comparison rate for Police & Nurses personal loans and car loans is calculated on a loan amount of $15,000 over a term of 4 years based on monthly repayments. These comparison rates are accurate only for the examples given, when monthly repayments are made. Different amounts and different terms will result in different comparison rates. Other factors such as redraw fees or early repayment fees, and costs such a fee waivers, are not included in the comparison rate but may influence the final cost of the loan. Download the Comparison Rate Schedule (Adobe Acrobat Reader required).
Personal Loan and Car Loan Fees
Establishment fees
| All Personal Loans | $149 |
| All Car Loans | $149 |
Maintenance fees (per month)
| All Personal Loans | $2.50 |
| All Car Loans | $2.50 |
Everyday Transaction Accounts
Everyday Transaction Account Interest Rates (Effective Date: 20 August 2008)
| Transaction Account | Tier | Interest Rates | Interest Calculated | Interest Credited |
| FairSaver Account |
$0 + |
5.00% pa |
Daily balance | Last day of every month |
| Easypay Access Account |
$100,000+ $0 - $99,999 |
0.30% pa 0.05%pa |
Daily balance | Quarterly - Mar, Jun, Sept, Dec. Last day of month |
| Budgeting Account |
$100,000+ $0 - $99,999 |
0.30% pa 0.05%pa |
Minimum monthly balance | Last day of every month |
| Easypay Mortgage Breaker Account | 100% of deposit offset against the balance of the mortgage^ | Daily balance | N/A | |
| Mortgage Breaker Offset Account | 100% of deposit offset against the balance of the mortgage | Daily balance | N/A | |
| Easy Living Savings Account |
$100,000+ $0 - $99,999 |
0.30%pa 0.05%pa |
Daily balance | Quarterly - Mar, Jun, Sept, Dec. Last day of month |
| Easy Living Deeming Account |
$41,001+ $0 - $41,000 |
6.00%pa 4.00%pa |
Daily balance | Quarterly - Mar, Jun, Sept, Dec. Last day of month |
| Business Account |
$100,000+ $0 - $99,999 |
0.30%pa 0.05%pa |
Minimum monthly balance | Last day of every month |
^100% offset benefit (available to owner occupiers only) is against the Easypay Home Loan and only applies when a minimum of $500 of your pay is electronically deposited per calendar month.
Where any transaction account is overdrawn, interest will be charged on the overdrawn balance and will be calculated daily at 15.99% pa and charged to the account in accordance with the dates detailed above. All rates are effective at the dates listed above and are subject to change without notice.
Everyday Transaction Account Fees
| Transaction Account | Monthly Base Balance/Package Fee | Base Balance | Unlimited Free Transactions (Not to be included in transaction fees count) | Transaction Fees |
| FairSaver Account | $2.95 | None |
|
The following non standard transactions are $1.95 per transaction:
|
| Easypay Access Account | $5.00 | $500 (base balance and standard transaction fees are exempt where member meets the minimum electronic payroll credit requirement of $500 per calendar month OR when the members meets the minimum base balance of $500) |
|
The following standard transaction fees apply per transaction but are exempt where the member meets the minimum electronic payroll credit requirement of $500 per calendar month OR when the member meets the minimum base balance of $500:
The following non standard transactions will be charged per transaction as follows:
4 free cash or cheque deposits at a branch or agency per month then $1.25 per deposit |
| Budgeting Account | Nil | None |
|
First 3 transactions per month free. Then $1.25 per transaction for the following:
|
| Easypay Mortgage Breaker Account | $8.00 | None |
|
The following standard transaction fees apply per transaction but are exempt where the member meets the minimum electronic payroll credit requirement of $500 per calendar month:
The following non standard transactions will be charged per transaction as follows:
4 free cash or cheque deposits at a branch or agency per month then $1.25 per deposit |
| Mortgage Breaker Offset Account | $5.00 | $350 (Base balance and the following transaction fees are exempt if this balance is maintained) |
|
First 6 transactions per month free. Then $1.25 per transaction for the following transactions:
|
| Easy Living Savings Account | $5.00 | $500 (Base balance fee exempt if this balance is maintained) |
|
Refer to Schedule of Access Fees & Charges - Savings Accounts for counter transaction fees that may apply (Adobe Acrobat Reader required). |
| Easy Living Deeming Account | $5.00 | $5,000 (Base balance and the following transaction fees are exempt if this balance is maintained) |
|
First 6 transactions per month free. Then $1.25 per transaction for the following transactions:
|
| Business Account | $5.00 | $1,000 (The base balance fee is exempt if this balance is maintained) |
|
Refer to Schedule of Access Fees & Charges - Savings Accounts for counter transaction fees that may apply (Adobe Acrobat Reader required). |
*Direct Credits include payroll credits and direct debits from other institutions to the Society. Exemption: Members under 18 years of age are exempt from the transaction, base balance and Netlink access fees on the Easypay Access Account.
Savings and Investment Accounts
Savings and Investment Account Rates (Effective Date: 1 August 2008)
| Savings Account | Tier | Interest Rates | Interest Calculated | Interest Credited |
| Cash Management Account |
$1,000,000+ $250, 000 - $999,999 $100,000 - $249, 999 $50,000 - $99,999 $25,000 - $49,999 $0 - $24,999 |
7.50% 7.05% 6.55% pa 6.05% pa 2.50% pa 1.00% pa |
Daily balance | Quarterly - Mar, Jun, Sept, Dec. Last day of month |
| CashSaver Account |
$5,000 + $0 - $4,999 |
7.00% pa 0.00% pa |
Daily balance | Last day of every month |
| SwiftSaver Account |
$0 + Bonus Interest Rate |
0.25% pa 5.75% pa |
Daily balance | Last day of every month |
| Christmas Club |
$100,000+ $0 - $99,999 |
0.30% pa 0.05% pa |
Minimum monthly balance | Last day of every month |
Where any savings account is overdrawn, interest will be charged on the overdrawn balance, and will be calculated daily at 15.99% pa and charged to the account in accordance with the dates detailed above. All rates are effective at the dates listed above and are subject to change without notice.
Savings and Investment Account Fees
| Savings Account | Monthly Base Balance Fee | Base Balance | Unlimited Free Transactions (Not to be included in transaction fees count) | Transaction Fees |
| Cash Management Account | $5.00 | $2,000 average balance (Base balance and the following transaction fees are exempt if this balance is maintained) |
|
First 4 transactions per month free, then $1.25 per transaction of the following:
|
| CashSaver Account | Nil | None |
|
N/A |
| SwiftSaver Account | Nil | None |
|
N/A |
| Christmas Club Account | Nil | None |
|
$15 for each withdrawal between 1 January and 31 October. |
*Direct Credits include payroll credits and direct debits from other institutions to the Society.
Term Deposits
Term Deposit Special (Effective Date: 25 August 2008)
| Term | $25,000+ |
| 3 to 5 months | 8.00% pa |
| Term | $25,000+ |
| 6 to 11 months | 8.00% pa |
Interest on maturity, rate fixed for term of deposit. For amounts under $25,000 please refer Money Maker or Regular Income Term Deposits below. Deposits over $100,000 - rates on application.
Money Maker Term Deposit Interest Rates (Effective Date: 25 August 2008)
| Term | $5,000 - $24, 999 | $25,000+ |
| 2 months | N/A | 6.75% pa |
| 3 to 5 months | 6.25% pa | 8.00% pa |
| 6 to 11 months | 6.25% pa | 8.00% pa |
| 12 to 23 months | 6.80% pa | 7.25% pa |
| 24 to 35 months | 6.80% pa | 7.25% pa |
| 36 to 60 months | 6.80% pa | 7.25% pa |
Interest on maturity, rate fixed for term of deposit. Member to determine term of deposit. For amounts under $5,000 please refer to the SwiftSaver or FairSaver Account above. Deposits over $100,000 - rates on application.
Regular Income Term Deposit Interest Rates
| Term | $5,000 - $24, 999 | $25,000+ | Interest paid |
| 12 to 35 months | 6.65% pa | 7.10% pa | Monthly |
| 12 to 35 months | 6.70% pa | 7.15% pa | Quarterly |
| 12 to 35 months | 6.80% pa | 7.25% pa | Annually |
| 36 to 60 months | 6.65% pa | 7.10% pa | Monthly |
| 36 to 60 months | 6.70% pa | 7.15% pa | Quarterly |
| 36 to 60 months | 6.80% pa | 7.25% pa | Annually |
Interest credited to savings or paid by cheque. Rate fixed for term of deposit.
All term deposits: Interest will only be paid on funds invested for a minimum of 30 days. In the event of early termination of the term deposit, interest will be calculated at the current interest rate tier applicable to the FairSaver Account. If any interest has been paid prior to early redemption of a term deposit, any shortfall arising from the recalculation of interest in accordance with the previous paragraph will be deducted from the principal amount.