Savings & Transaction Accounts
Transaction Accounts
Account Types |
Purpose |
Features |
| S21 Access Plus Account. | A day to day transaction account with optional personal cheque access. | Periodical Payments, Direct Credit, Direct Debit, Cheque Facility, BPay, Internet Access. |
| S3 Pennywise Account. | A loan offset account. | Periodical Payments, Direct Credit, Direct Debit, BPay, Internet Access. |
| S5 Pensioner Account. | An account designed for pensioners and self-funded retirees which offers higher interest rates based on the Federal Government’s deeming rates. | Periodical Payments, Direct Credit, Direct Debit, Cheque Facility, BPay. |
| S6 Christmas Club. | An account to help you save for Christmas. Withdrawals may be permitted in exceptional circumstances. Funds are available between 1st November and 31st December each year. |
Direct Credit. |
| S8 Business Cheque Account. | A transaction account for Business Clients. | Periodical Payments, Direct Credit, Direct Debit, Cheque Facility, BPay, Internet Access. |
| S2 Savings Investment Account. (New S2 accounts are only available to members under 18 years of age.) |
A savings account to assist you with managing your money. | Periodical Payments, Direct Credit, Direct Debit, BPay. |
ELECTRONIC BANKING CAN MAKE LIFE EASIER
You can have your salary, pension, or any payment credited to your account.
Simply inform your paymaster of your banking details:
* Cairns Penny Savings & Loans Ltd BSB 704966; and
* Your account number (e.g. 100002222)
(If you are unsure just give us a call, we would be happy to help you get the details right)
| For more information contact us on 07 - 4031 4460 | Business Hours: Monday - Friday 9am - 4pm |
Type |
Balance |
Interest
(on whole balance)
|
| S21 Access Plus Account*** | $0 - $999 $1,000-$99,999 $100,000 + |
0.00% pa 1.00% pa 4.50% pa |
| S5 Pensioner Account* | $0 - $38,400 $38,401+ |
3.00% pa 5.00% pa |
| S6 Christmas Club** | $0+ |
2.75% pa |
| S3 Pennywise Account | $0+ |
Interest offset on nominated loan by the loan annual percentage rate less 2.00% pa |
| S8 Business Cheque Account**** | $0 - $499 $500 - $49,999 $50,000+ |
0.50% pa 0.50% pa 1.50% pa |
| S8 Secured overdraft Account**** | Credit Debit |
As above 9.00% pa |
| S2 Savings Investment Account* | $0 - $999 $1000 - $9,999 $10,000 - $49,999 $50,000 - $99,999 $100,000+ |
0.25% pa 1.00% pa 1.50% pa 2.00% pa 3.25% pa |
| S4 Personal Cheque Account*** | $0 - $499 $500 - $49,999 $50,000+ |
0.50% pa 0.50% pa 1.50% pa |
EFFECTIVE: 8th January 2007
All rates are subject to change without notice.
* Interest calculated on daily balances and credited annually (30 June)
** Interest calculated on daily balances and credited annually (31 October).
*** Interest calculated on daily balances and credited quarterly.
**** Interest calculated on daily balances and credited / debited monthly.
# Conditions Apply. Same rates of interest applicable to couples and singles.
