Saving and investing

Saving and investing - EECU

Effective dates:


Saving
Saturday 3 May 2014
Term Deposit
Saturday 22 November 2014

Listed below are the current saving and investment interest rates. For previous rates please click here.

Saving




Direct Saver


A self managed saving account accessed via Netlink and Telelink, paying a highly competitive interest rate.
Range
Interest rate
% p.a.

$100,000 plus
2.75
Up to $99,999
2.65
Interest is calculated daily and paid monthly



Bonus Saver


An account that pays bonus interest when you deposit at least $50 and make no withdrawals in the same month.
Range
Base
% p.a.

Bonus
% p.a.

Total
% p.a.

$100,000 plus
0.25
2.75
3.00
Up to $99,999
0.50
2.75
3.25
Interest is calculated daily and paid monthly



Cash Management


A high interest account with a wide range of facilities. Name your own sub-accounts to save for special purposes.
Range
Interest rate
% p.a.

$250,000 plus
2.25
$100,000 - $249,999
2.00
$50,000 - $99,999
1.50
$25,000 - $49,999
1.25
$5,000 - $24,999
1.00
Up to $4,999
Nil
Interest is calculated daily and paid quarterly



Negotiated Deposit


Highest rate of interest of all EECU accounts when your balance exceeds $250,000.
Range
Interest rate
% p.a.

$250,000 plus
Contact EECU
Interest is calculated daily and paid monthly



Access


Accounts with a high degree of access and
flexibility - cards, cheques, overdrafts and more.

Range
Interest rate
% p.a.

All balances
NIL

Term Deposits




Classic


A classic term deposit which consistently pays better than average interest rates.
Term (months)
Interest rate
% p.a.
$1,000 – $4,999

Interest rate
% p.a.
$5,000 +

3
2.75
3.25
4
2.65
3.15
5
2.65
3.15
6
2.85
3.35
7
2.75
3.25
8
2.75
3.25
9
2.75
3.25
10
2.75
3.25
11
2.75
3.25
12
2.95
3.45
13 - 23
2.85
3.35
24
3.10
3.60
Interest paid on maturity, or annually if term is greater than 12 months



Regular Income


A term deposit which pays interest on a regular monthly basis.
Term (months)
Interest rate
% p.a.
$25,000 +

6
3.25
12
3.35
24
3.40
Interest paid monthly.



Self Managed Super Funds & Family Trusts


$100,000 plus
Additional interest of 0.10% p.a. to your choice of Classic or Regular Income term deposit.

Notes to all deposit accounts

Interest rates are for products currently on offer by EECU. Rates for products not included can be obtained by contacting EECU offices. Rates are subject to change at the discretion of the Credit Union.

Fees and charges may apply. Terms and conditions, fees and charges are available from the credit union or the website. You should refer to the
EECU Financial Services Guide and Everyday Banking General information and Terms and Conditions document to decide if a product is right for you.