The following deposit products are no longer offered by the Bank

Products no longer available

The following deposit products are no longer offered by the Bank.

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  • Target Saver Account

     

    Deposit $1,000 each month, make no withdrawals and make sure the account has a credit balance at all time during the month and we’ll reward you with a bonus rate. If the criteria are not met, the standard interest rate will apply.

    Enjoy:

    • Bonus interest earned for each month you deposit a minimum of $1,000, make no withdrawals during the calendar month and the account has a credit balance  
    • Track payments with SMS and email alerts
    • Access to Internet Banking and mobile banking anywhere, anytime
    • Direct credits
    • No monthly account fees

     

  • Reward Saver Account

     

    Deposit $50 each month, make no withdrawals and make sure the account has a credit balance at all times during the month and we’ll reward you with a bonus rate. If the criteria are not met, the standard interest rate will apply.

    Enjoy:

    • Bonus interest earned for each month you deposit a minimum of $50, make no withdrawals during the calendar month and the account has a credit balance  
    • Track payments with SMS and email alerts
    • Access to Internet Banking and mobile banking anywhere, anytime
    • Direct credits
    • No monthly account fees

     

  • Bill Paying Account

     

    A simple transaction account to help pay your bills. 

    Enjoy:

    • Access to Internet Banking and mobile banking anywhere, anytime
    • Track payments with SMS and email alerts
    • BPAY
    • Direct credits and debits
    • Transfers via Internet Banking and mobile banking
    • Deposits and cash withdrawals at selected offices
    • Periodic Payments via Internet Banking
    • Electronic deposits
    • No monthly account fees

     

  • Cash Management Account

     

    Earn interest on your savings and have access to your money when you need it.

    Enjoy: 

    • Access to Internet Banking and mobile banking anywhere, anytime
    • Direct credits
    • No monthly account fees
    • No minimum balance
    • No minimum deposit requirements

     

  • Online Saver Account

     

    Earn interest on your savings and have access to your money when you need it.

    Enjoy:

    • Access to Internet Banking and mobile banking anywhere, anytime
    • Direct credits
    • No monthly account fees
    • No minimum balance
    • No minimum deposit requirements

     

  • Summer Stash Account

     

    Enjoy a stress-free Summer every year by regularly putting money aside and you’ll be ready for whatever you are saving for – Christmas day, a relaxing getaway, a trip to see family overseas, home renovating, or Summer spending.

    Enjoy: 

    • The account is for saving money for the summer period. Withdrawals are only available between 1 November and 31 January. If withdrawals are made outside this period, the account will be closed and funds transferred to your transaction account
    • Access to Internet Banking and mobile banking anywhere, anytime
    • Direct credits
    • No monthly account fees
    • No minimum balance

     

From 3 May 2021, the following deposit products are no longer offered by the Bank and are provided for informational purposes only for existing customers.

  • Summer Stash account

From 7 August 2023, the following deposit products are no longer offered by the Bank and are provided for informational purposes only for existing customers.

  • Bill Paying account
  • Cash Management account
  • Reward Saver account

From 28 March 2024, the following deposit products are no longer offered by the Bank and are provided for informational purposes only for existing customers.

  • Target Saver account

From 31 October 2024, the following deposit products are no longer offered by the Bank and are provided for informational purposes only for existing customers.

  • Online Savings account
  • New Teachers Online Savings account

If you are an existing member with a deposit product listed above and would like further information on your account, please contact us for details.

Target Market Determinations - accounts no longer offered

If you require a copy of a TMD for a product that is no longer offered, please contact us for details.

If you require a copy of a historical TMD visit our Design Distributions Obligations page.