| Account balance |
Standard Variable Interest Rate |
Standard Variable Bonus Rate1 |
Earn up to |
|---|---|---|---|
| $50,000 and over | 0.00% pa | 0.65% pa | 0.65% pa |
| $20,000 - $49,999.99 | 0.00% pa | 0.65% pa | 0.65% pa |
| $5,000 - $19,999.99 | 0.00% pa | 0.65% pa | 0.65% pa |
| Up to $4,999.99 | 0.00% pa | 0.65% pa | 0.65% pa |
1. To earn bonus criteria the account holder must make a minimum $20 deposit and no withdrawals per month. If bonus interest criteria are not met for the calendar month, the Standard Variable Bonus Interest Rate is forfeited.
| Account balance |
Standard Variable Interest Rate |
|---|---|
| $250,000 and over | 0.25% pa |
| $100,000 and $249,999.99 | 0.10% pa |
| $50,000 and $99,999.99 | 0.10% pa |
| $20,000 to $49,999.99 | 0.10% pa |
| $10,000 to $19,999.99 | 0.05% pa |
| $5,000 to $9,999.99 | 0.05% pa |
| Up to $4,999.99 | 0.00% pa |
| Account Balance | Standard Variable Interest Rate |
|---|---|
| $100,000 and over | 0.01% pa |
| $50,000 - $99,999.99 | 0.01% pa |
| $20,000 - $49,999.99 | 0.01% pa |
| $5,000 - $19,999.99 | 0.01% pa |
| Up to $4,999.99 | 0.01% pa |
| Account balance |
Standard Variable Interest Rate |
|---|---|
| All balances | 0.65% pa |
2. From 27 May 2017 for accounts previously held as an eSaver Account with The Shire…Local Banking
| Account balance |
Standard Variable Interest Rate |
|---|---|
| All balances | 0.00% pa |
| All balances (Bonus Interest Rate) | 0.85% pa4 |
3. For accounts previously held as an IMB First Home Saver Account.
4. To earn bonus interest account holder must make at least one deposit per month. If bonus interest criteria are not met for the calendar month, the Standard Variable Bonus Interest Rate is forfeited.
| Account balance |
Standard Variable Interest Rate |
|---|---|
| $50,000 and over | 0.10% pa |
| $20,000 -$49,999.99 | 0.10% pa |
| $5,000 - $19,999.99 | 0.10% pa |
| Up to $4,999.99 | 0.10% pa |
| Account balance |
Standard Variable Interest Rate |
|---|---|
| All Balances | 0.00% or variable rates as negotiated. |
| Account balance |
Standard Variable Interest Rate |
|---|---|
| $50,000 and over | 0.55% pa |
| $20,000 - $49.999.99 | 0.35% pa |
| $5,000 - $19,999.99 | 0.10% pa |
| Up to $4,999.99 | 0.01% pa |
Rates effective 6th of November 2020. Interest rates are paid on the entire balance of the account, except for Optimiser accounts. For these accounts, a different rate applies to the portion of the balance in each tier. Interest rates are subject to change without notice. Interest on all deposits is calculated on the daily balance at a daily rate equivalent to the annual rate divided by 365. This document forms part of IMB's Product Disclosure Statement (PDS) for products and payment facilities listed in Page 1 and 2 of IMB's Member Guide to Transaction Banking, which consists of the following documents IMB Member Guide to Transaction Banking PDS and PDS Fees and Charges for IMB Services, PDS Interest Rates for IMB Products, and any other supplementary PDS issued by IMB.