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Revision of Current and Savings Accounts Prevailing Interest Rates

 

With effect from 1 October 2020 (inclusive), please note that the interest rates for the following Current and Savings accounts will be revised.
 

PRODUCTCURRENCYBALANCEPREVAILING INTEREST RATE (P.A.)NEWPREVAILING INTEREST RATE

EFFECTIVE 1 OCTOBER 2020 (INCLUSIVE)

FCY$aver

 

Statement Savings

 

Cheque and Save

 

Securities Settlement Account

 

Wealth Lending Settlement Account

 

Bonus$aver

AUDLess than 1,000,0000.00%0.00%
1,000,000 and above0.05%
FCY$aver

 

Statement Savings

 

Cheque and Save

 

Securities Settlement Account

 

Wealth Lending Settlement Account

 

Bonus$aver

NZDLess than 1,000,0000.00%0.00%
1,000,000 and above0.05%
FCY$aver

 

Securities Settlement Account

 

Wealth Lending Settlement Account

CNHAll Balances0.50%0.00%
USD High

 

FCY$aver

 

Statement Savings

 

Cheque and Save

 

Securities Settlement Account

 

Wealth Lending Settlement Account

 

Bonus$aver

 

Cash Account

USDLess than 1,000,0000.00%0.00%
1,000,000 and above0.05%
USD$averUSDFirst 50,0000.05%0.05%
Next 150,0000.25%0.10%
Next 300,0000.50%0.25%
Any incremental balances above 500,0000.80%0.50%


Please note that all CHF, DKK, NOK, SEK, ZAR and THB Current and Savings Accounts will no longer offer any interest on balances.