Fees, and charges and lending criteria apply for all transaction, savings and deposit accounts, loans and credit cards which are issued by Australian Unity Bank Limited ABN 30 087 652 079 AFSL/Australian Credit Licence No. 237994. Please refer to Terms and Conditions before applying for any product. Australian Unity Bank Limited is covered by the Financial Claims Scheme, which protects depositors through the provision of a guarantee on deposits up to a cap (currently $250,000) per account holder, per authorised deposit-taking institution (ADI). For more information please view our page or the APRA website at www.fcs.gov.au.
Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the relevant terms and conditions (including Terms and Conditions) , any Product Disclosure Statement (if applicable) and Financial Services Guide before acquiring any product.
1 To earn the bonus interest rate, each month you must deposit $250 or more from a linked Australian Unity Transaction Account (deposit excludes any interest earned in the Active Saver account) and not make any withdrawals throughout the month. Balances up to $500k are eligible to earn the bonus interest rate, however any balances above $500k will earn the base variable interest rate only. Interest is calculated on your daily account balance and credited to your account on the last calendar day of the month. A 'month' commences on the first calendar day of a month and concludes on the last calendar day of the same month. Active Saver accounts are required to have a linked Australian Unity Transaction account and all withdrawals must be made via the linked Transaction account. The account is available to new customers aged 16 or over. Bonus interest rate offer is limited to 1 account per customer. Customers cannot open a new account within 90 days of closure of the same type of Australian Unity savings or transaction account. Refer to Fees and Charges for more details on fees applicable to the Australian Unity Transaction Account and the Active Saver Account.
2 Ongoing variable interest rate applicable to the Freedom Saver account is determined by the balance in the Freedom Saver account. The variable interest rate is applicable to the entire balance in the Freedom Saver account. The variable interest tiering structure applicable to this account is set out in the Schedule of Interest Rates – Transaction and Savings Accounts. Interest is calculated on your daily account balance and credited to your account on the last calendar day of the month. A 'month' commences on the first calendar day of a month and concludes on the last calendar day of the same month. Freedom Saver accounts are required to have a linked Australian Unity Transaction account and all withdrawals must be made via the linked Transaction account. Interest only applies to balances up to $5M. Funds exceeding a $5M balance do not receive interest. The account is available to new customers aged 16 or over. Customers cannot open a new account within 90 days of closure of the same type of Australian Unity savings or transaction account. Refer to Fees and Charges for more details on fees applicable to the Australian Unity Transaction Account and the Freedom Saver Account.
3 The total interest rate for the Easy Saver Plus Account includes a variable interest base rate and a fixed interest bonus rate, subject to the following conditions. The fixed interest bonus rate is payable for up to 4 months from the account open date, after which the variable interest base rate will apply to the Account. The fixed interest bonus rate is an interest rate calculated on the balance of an Easy Saver Plus Account on top of the variable interest base rate. The fixed interest bonus rate is limited to one account per customer, including where a customer holds an Easy Saver Plus Account jointly with another customer. The fixed interest bonus rate is offered as a once-off 4 month introductory offer. The Easy Saver Plus Account is only available for customers who have never held an Easy Saver Plus Account before. Customers must be aged 16 or over to open an Easy Saver Plus Account. Easy Saver Plus Accounts are required to have a linked Australian Unity Transaction account and all withdrawals must be made via the linked Transaction Account. Interest is calculated on the daily Account balance and credited to the Account monthly (on the last calendar day of the month). A ‘month’ commences on the first calendar day of a month and concludes on the last calendar day of the same month. Refer to the Schedule of Fees, Charges and Transaction Limits booklet for more details on fees applicable to the Australian Unity Transaction Account and the Easy Saver Plus Account.
4 Qualification for bonus interest rate requires a minimum monthly deposit of $5 (deposit excludes any interest earned in the Kids Saver account) and zero withdrawals throughout the month. Interest only applies to balances up to $20,000. Funds exceeding a $20,000 balance do not receive bonus interest. Interest is calculated daily and paid monthly. Kids Saver Account is only available to new customers aged 14 years and younger. Bonus interest rate offer is limited to 1 account per customer. Refer to Fees and Charges for more details on fees applicable to the Australian Unity Transaction Account and the Kids Saver Account.
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