Cash Management Account S4

If you want a high return but you don't want to tie up your money, consider a Southern Cross Credit Union Cash Management Account.

You'll receive our cash management interest rate and your money is on call after 7 days and subject to cheque clearance.

A minimum balance of $10,000 is required to maintain the account and each transaction either withdrawal/ deposit/ transfer must be a minimum of $1,000.00.

Our cash management rates are reviewed regularly in line with market conditions.

The interest rates are structured so the greater the balance the higher the interest rate. There are no Periodical Payments or Direct Debits available on this account.

• Interest paid on part tier balances. Interest is calculated on the amount in each tier at the rate applying to that tier. It is not paid on the total amount at the highest tier rate.
• Min. Balance $10,000 Min. transaction $1000 (withdrawal or deposit).
• Interest is paid on the last day of March, June, September, and December.
• Deposits are on call after 7 days and subject to cheque clearance.