Future Start Savings account
The Future Start Savings account is designed to make the challenge of saving while learning and earning more achievable. It’s available exclusively to Members undertaking full-time study or under an Australian apprenticeship, between the ages of 18 and 23.
Benefits:
- No monthly account keeping fee
- Bonus interest when you deposit at least $5 a month and make no more than one withdrawal in that month
- Transfer funds into the account by periodical payments or internet banking
- Access your account by internet banking and mobile app
- One free transaction per month
- No card access to encourage savings
- No minimum opening balance required
| Product | Interest rate |
|---|---|
|
Base interest rate
|
0.01.
|
|
Bonus interest rate
|
2.49.
|
|
Total interest (all conditions met)
|
2.50.
|
| Rates effective 11 February 2024 | |
| Fee | Amount |
|---|---|
|
Monthly fee
|
$0
|
| Transaction fees may apply*. | |
Note: The interest rate comprises of 0.01% base rate, with the rest being a bonus rate. To achieve the bonus rate of interest you must deposit at least $5 in a calendar month and make no more than one withdrawal in the same calendar month.
Please be aware that interest rates may change at any time without agreement. All interest rates quoted are per annum. Fees and charges are payable. Terms and conditions apply and are available on request.
Before acquiring this product, the information above should be read in conjunction with the following documents to determine if it is right for you: Personal Savings and Transaction Accounts, Fees and Charges, Financial Services Guide, Deposit Accounts Conditions of Use, Deposit Interest Rates, and Account and Access Facility Conditions of Use.
Interest Rate
