| EDVEST BENEFITS
Competitive Edvest term deposit rates from 3 to 24 months.
Insurance Discounts with Allianz Australia Insurance Limited
Up to 10% off household rates with $100 excess
Up to 5% off Motor Vehicle Insurance
10% off other lines eg. Caravan Insurance
Entry Fee to EDVEST will be $36 per annum commencing the 1st April each year reducing by $3 per month thereafter.
CONDITIONS
Minimum Deposit $1000
Interest Paid End of Term.
Monthly Interest
Is available on deposits $10,000 and over, with 6 months minimum term and 12 months maximum term at a reduced rate of 0.25%.
Interest to be paid by cheque or transfer to a Savings Account. Existing deposits may continue to have monthly interest paid at a reduction of 0.25%.
The interest rate is fixed; It will not vary during the term regardless of movements of rates generally. Your deposit will be automatically renewed for a further term at the rate applicable, unless you instruct us otherwise.
Your term deposit will automatically be renewed at the rate current at the time of maturity unless written instructions are received prior to maturity or within 14 days of maturity.
Early Withdrawal Penalties
A current rate of 0.50% will apply to early withdrawals. (subject to change without notice) |