Transactional account for retirees
Firefighters Credit Co-operative Golden Helmet account has been designed to maximize your earnings while your account maintains the minimum amount of $25,000.00.
If your account remains above the minimum amount of $25,000.00 transactional fees will not apply. The only fees that would be charged are Foreign Currency Fees which would be charged at a lower rate of 0.5% and Swift payment fees as listed in our Fees and Charges brochure.
This is a perfect account for people who know how to take control of their funds no matter what age you are when you decide to retire. No fixed terms means that your every day needs to access cash and payment services are always available without any penalties being attracted.
This account combines the benefit of a savings account with an interest rate that will always match our lowest Term Deposit rate and we will notify you if there is a change in the rate in compliance with the requirements of the Mutual Banking Code of Practice.If the balance falls below the minimum amount the interest rate will revert to our standard S1 account for the period the amount remains below the minimum required balance.
You will still have the ease of access of a transaction account using ATM & EFTPOS, online, phone banking and the option of a cheque book if required. Direct Charging fees will apply to ATM transactions conducted at non rediteller branded ATM's.
If the balance falls below $25,000.00 all standard fees and charges as per our fees & charges brochure will apply for the whole month.
Golden Helmet new account application