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Netsave Account
An introductory interest rate is applied when a member opens a new Netsave account. The introductory interest is applied for the first 4 months as well as the variable base interest rate. After the first 4 months the only interest received is the base rate.
Category: Transaction & Savings Accounts Last Updated April 8, 2024 Effective May 31, 2015
General Lending Rates
Rates listed below are for a product. Additional Information
Interest Rate NA PA
Comparison Rate NAPA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
Card AccessAdditional Information: A card is available for the product to access funds
Additional CardsAdditional Information: Additional cards can be requested
Unlimited TxnsAdditional Information: Unlimited free transactions available
Free TxnsAdditional Information: Unlimited free transactions available
Free Txns AllowanceAdditional Information: Unlimited free transactions available
Digital BankingAdditional Information: Access is available to online banking features for the product
Digital BankingAdditional Information: Access is available to online banking features for the product
Npp PayidAdditional Information: This account can be used for PayID
Npp EnabledAdditional Information: This account can be used can to receive funds as a result of a BSB/Number based NPP payment
Bill PaymentAdditional Information: Bpay
NotificationsAdditional Information: SMS alerts available
OtherAdditional Information: Business Banking can be attached to the product
Product Eligibility
Min Age
Residency Status - Australian Citizen Or Permanent Resident.
Business
Bank Fees and Charges
Deposit Periodic (Periodic), Amount: 0.00. Additional Information: Where permitted by the account terms and conditions, you can perform unlimited transactions of the following types and we will not charge you a transaction fee: ATM enquiry, ATM transfer, ATM withdrawal, Bank@Post deposit, Bank@Post withdrawal, BPAY payment, branch deposit, branch transfer, branch withdrawal, corporate cheque, direct credit, direct debit, EFTPOS cash withdrawal, EFTPOS purchase, internet banking transfer, overseas ATM enquiry, overseas ATM withdrawal, Member Contact Centre transfer or payment, mobile banking transfer, periodical payment, phone banking transfer, Visa debit cash advance, Visa debit purchase. Not all transaction types are permitted on all accounts.
Transaction (Transaction), Amount: 0.00. Additional Information: Payable whenever we send you a letter because you do not make a repayment in full on or before the due date and the default continues for 3 days or more.
