Interest Rate Schedule - My Credit Union

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Interest Rate Schedule Effective 1 April 2017 AFSL 246941

My Access (S1) & My Special Savings (S2) Balance

My Net Reward Saver (S14)

Interest rate (pa)

$1 and over

0.01%

Interest calculated daily on the whole balance and paid annually on 30 June

My Christmas Club (S3) Balance

Interest rate (pa)

$1 and over

1.00%

Interest calculated daily on the whole balance and paid on the last day of the month

Balance

Interest rate (pa)

$1 - $4,999 $5,000 - $9,999 $10,000 - $49,999 $50,000 +

0.00% 0.25% 0.75% 1.00%

Interest calculated daily on the tiered balance and paid annually on 30 June

My Serious Savings (S12) Balance

Interest rate (pa)

$1+

1.00%

Interest calculated daily on the whole balance and paid annually on 30 June

Minimum

3 mths

6 mths

9 mths

$100,000

2.15%

2.20%

2.20%

2.40%

2.60%

$20,000

2.10%

2.10%

2.10%

2.35%

2.60%

$10,000

2.10%

2.10%

2.10%

2.35%

2.60%

$5,000

1.75%

1.75%

1.75%

2.35%

2.35%

12 mths 24 mths

$2,000

1.25%

1.25%

1.25%

1.75%

1.75%

Interest paid at maturity for deposits under 12 months. Interest on deposits for terms over 12 - 24 months can be paid monthly or annually.

Minimum $10,000 for 14 months with interest paid annually and at maturity

0.01% 1.25%

Interest calculated daily on the whole balance and paid on the last day of the month

My Kidz (S17) Balance

Interest Rate (pa)

$1 - $9,999 $10,000 +

1.50% 0.00%

My E-Saver (S20) Balance

Interest rate (pa)

$1 and over $1 and over

1.50%^ 0.50%*

^Minimum of $1,000 deposited per month and a maximum of $500 is withdrawn. *Rate applicable if these conditions are not met. Interest calculated daily on the whole balance at the applicable interest rate and paid on the last day of the month.

Home Loan Offset (S94) Balance

Offset rate

$1 and over

100%

Linked to the Platinum Package Home Loan or My Advantage Home Loan (offset). No interest will accrue on this account. The daily balance will be offset against the linked mortgage account prior to interest being calculated on the loan account.

Edvest Term Deposits (% pa)

Term Deposits (% pa)

2.65% pa

Interest rate (pa)

$1 - $1,999 $2,000 +

Interest calculated daily on the tiered balance and paid on the last day of the month

My Maxi Savings (S8)

Special Offer

Balance

Available to members over 55 years

Interest paid annually or at maturity Minimum 12 months $100,000 2.45% $20,000 2.40% $10,000 2.40% $5,000 2.40% Interest paid fortnightly $100,000 2.20% $20,000 2.15% $10,000 2.15% $5,000 2.15%

24 months 2.65% 2.65% 2.65% 2.40% 2.40% 2.40% 2.40% 2.15%

Important note: For deposits over $250,000, rates are negotiable and available on application.

Deposit Guarantee Up to $250,000 per depositor is guaranteed by the Federal Government.

Savings and TD Rates 2017_04_01

Effective 13 January 2017 SUMMARY OF ACCOUNTS, ACCESS FACILITIES & TRANSACTION LIMITS Account type

My Access (S1)

My Special Savings (S2)

Account eligibility

All members

All members

All members (excl. businesses)

DAILY TRANSACTION LIMITS Minimum $1 balance Counter cash $1,000 withdrawal

$1

$1

$1,000

$1,000

ATM withdrawal

My Christmas Club (S3)

Low Rate Visa Credit Card (S21)

My Serious Savings (S12)

My Net Reward (S14)

All members

Pensioners & retirees

All members

N/A

$1

$1

$1

$1

$1,000

$1,000

$1,000

na

$1,000

Over 18 years

My Maxi Savings (S8)





$10,000

$10,000

$10,000

$10,000

$10,000

$2,000

$2,000

$2,000

$2,000

$2,000

unlimited

unlimited

unlimited

unlimited

$10,000

$10,000

$10,000

unlimited

unlimited

unlimited

$1,000

By application

My Kidz (S17)

My E-Saving (S20)

Home Loan Offset (S94)

All members

L94 account holders only

$1

$1

$1

$1,000

na

$1,000

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$1,000

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Under 18 years

All members

$2,000



$10,000

$10,000

$10,000

$10,000

$10,000

$10,000

$2,000

$2,000

$2,000

$2,000

$2,000

$2,000

unlimited

unlimited

unlimited

unlimited

unlimited

unlimited

unlimited

$10,000

$10,000

$10,000

$10,000

$10,000

$10,000

$10,000

$10,000

unlimited

unlimited

unlimited

unlimited

unlimited

unlimited

unlimited

unlimited

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$1,000

$1,000

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Term Deposits



$1,000

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My Equity Home Loan (S15)

Internet Banking BPAY External transfer Internal transfer Phone Banking BPAY Internal transfer

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ACCESS FACILITIES Funds at call Visa debit card Visa credit card rediCARD BPAY Service centre Bank@Post Direct debit Cheque book Direct credit Internet banking Phone banking Periodical payment Overdraft

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1Nov - 31Jan

CHEQUE DEPOSITS All cheque deposits are subject to a minimum of 3 business days clearance and late deposits after 2pm, 4 business days. Cheques must be made payable to the account holder, cash or MYCU. Third party cheques will not be accepted. A minimum 7 business day clearance applies to cheques deposited through Bank@Post This document must be read with the My Credit Union Account & Access Facility Conditions of Use and the Fees and Charges Schedule. Savings and TD Rates 2017_04_01