Internet Banking

News

Interest Rate Change

Interest Rate Change

Categories: Interest Rate Announcement

Rural Bank has decreased the Everyday Retirement Account interest rates effective Wednesday 6 April 2016:

The new rates effective 6 April 2016 are:

  $0 to $1,999 $2,000 to $46,599 $46,000 +
Everyday Retirement Account 0.10% p.a. 1.50% p.a.. 2.75% p.a..
Change No change -0.25% p.a. -0.50% p.a.

Interest on the Everyday Retirement Accounts is variable, calculated daily on a stepped basis which means you will earn interest for the portion of your account balance that falls within each range, at the interest rate applicable to that range and credited on the first day of the following month.

For further information, please contact our Customer Service Centre on 1300 660 115 or visit your nearest branch.  To view Rural Bank’s current interest rates, visit our rates page.

Source: Rural Bank

 

Disclaimer: Whilst all care has been taken in compiling the information, the information should not be relied upon as substitute for professional advice where necessary. Rural Bank Limited accepts no responsibility for the accuracy, completeness or timeliness of the information and disclaims all liability in relation to any loss or damage suffered by the use of or reliance upon any information contained herein or in any attachment or annexure hereto by any person. Rural Bank Limited ABN 74 083 938 416 AFSL 238042.