First things first, make sure that you’ve got an account that is eligible for flexiRates:

• Everyday Options Main and Sub-Accounts
• Carbon Insights Main and Sub-Accounts
• Business Premium Accounts
• Business Saver Accounts

From there, the same process applies to when you first set up your initial flexiRate, either through Internet Banking or the Suncorp Bank App.

To set up flexiRates through the Suncorp Bank App:

• Open up the app and tap through to your accounts.
• Select the account you’d like to set up a flexiRate for and then select ‘Account details’.
• Tap the + button that says ‘Add flexiRate’, and then type in the dollar figure you’d like to lock away.
• Next, select set your desired flexiRate term and then the end instruction for the flexiRate period.
• Confirm the details of your flexiRate then tap ‘Submit now’.

To set up flexiRates through Internet Banking:

• Log in to Internet Banking and select ‘Manage my flexiRates’ from the main menu.
• Click ‘Setup new flexiRate’ and then select the account you’d like to set up a flexiRate for.
• Type in the dollar figure you’d like to lock away, followed by your desired term.
• From there, you’ll be given the option to have your funds released back into your account at the end of the nominated period or to automatically renew your flexiRate for the same time period.
• Select ‘Next’ to review your flexiRate details before clicking ‘Confirm’, then you’re good to go!