News Rate Change Notification (Dec 2011)
Please note the following interest rate changes and effective dates:
Savings Accounts - effective 1 Feb 2012
- iT Saver (S50) account to decrease by 0.25% (on balances $2,000+)
- Bonus Saver (S14) bonus interest to decrease by 0.25%
- Cash Management (S15) account to decrease by 0.25%
- Agency Bonds (S42) account to decrease by 0.25%
Term Deposits - effective 20 Dec 2011 (new deposits only)
- Term Deposits to decrease by 0.25%
- Regular Income Term Deposits to decrease by 0.25%
New and Existing Overdrafts - effective 1 Jan 2012
- Mortgage Overdraft (S3) to decrease to 7.56%
For more information please refer to the Interest Rate page or contact First Option.
