Effective 1st December 2020

On Call Savings (S1) (1)
All balances


 0.00% p.a.

Bonus Saver (S3) (8)
Total rate (standard plus bonus)
Standard rate
Bonus rate


 0.65% p.a.
 0.10% p.a.
 0.55% p.a.

Christmas Club (S4) (2)
All balances


 0.50% p.a.

Cash Maximiser (S6) (3)
$100,000 and over
$50,000 to $99,999
$25,000 to $49,999
$10,000 to $24,999
$2,000 to $9,999
Balance up to $1,999


 0.40% p.a.
 0.30% p.a.
 0.15% p.a.
 0.10% p.a.
 0.05% p.a.
 0.00% p.a.

Budget Savings (S8) (1)
All Balances


0.00% p.a.
Junior Firefighters Account (S10) (7)

Balance $1.00 - $5,000.00
Balance $5,000.00 Plus 

  0.50% p.a.
  0.00% p.a.
Golden Helmet Account (S65) (4)

Balance over $25,000
Balance up to $24,999 

0.75% p.a.
0.00% p.a.

12 Month Term Deposit (5)
Minimum balance $5,000
$50,000 and over
$25,000 to $49,999
$5,000 to $24,999


 
0.75% p.a.
 0.65% p.a.
 0.45% p.a.

12 Month Term Deposit – Monthly Income (6)
Minimum balance $5,000
$50,000 and over
$25,000 to $49,999
$5,000 to $24,999



0.75% p.a.
0.60% p.a.
0.50% p.a.

6 Month Term Deposit (5)
Minimum balance $1,000
$50,000 and over
$25,000 to $49,999
$5,000 to $24,999
$1,000 to $4,999


 
 0.75% p.a.
 0.65% p.a.
 0.55% p.a.
 0.40% p.a.

3 Month Term Deposit (5)
Minimum balance $1,000
$50,000 and over
$25,000 to $49,999
$5,000 to $24,999
$1,000 to $4,999


 
0.75% p.a.
0.60% p.a.
0.50% p.a.
0.25% p.a.

Please click here to view existing rates document

 

(1) Interest calculated on MMB* and paid quarterly

(2) Interest calculated on MMB* Balance and interest paid on the first business day in December, to nominated account

(3) Interest calculated daily and paid quarterly
Note 1: $2,000 minimum required to earn interest
Note 2: When a balance reaches higher plateau, the interest applicable will apply to whole balance.

(4) Interest calculated daily and paid quarterly
Note 1: If the balance falls below the minimum required balance of $25,000 the interest rate will revert to the standard On Call Savings interest rate for the period that the account remains below the minimum required balance.

(5) Interest paid on maturity
Note 1: Minimum additional deposits are $500
Note 2: Requests for early redemption will be at the sole discretion of the Credit Co-operative. Early redemption will result in your interest being recalculated at the standard On Call Savings interest rate.

(6) Interest paid monthly to nominated account. Monthly interest cannot be compounded

(7) Interest calculated daily and paid quarterly

(8) Interest calculated daily and paid monthly
Note 1: Bonus rate is additional to the Standard rate and applies when deposits of at least $500 and no withdrawals are made in a month.

Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme. In the unlikely event that Firefighters Credit Co-operative faces stress, account holders may be entitled to payment under the Financial Claims Scheme. More information about the scheme can be obtained at www.apra.gov.au or the APRA hotline on 1300 55 88 49

 
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