Interest Rates for Savings, FlexiRates and Term Deposits
FlexiRates allows you to earn higher interest rates by locking away a portion of your savings within your account for periods up to 12 months. You can choose a flexiRate time period and corresponding interest rate by simply logging in to Internet or Mobile Banking and selecting flexiRates from the menu.
Interest is calculated daily on the whole balance of the nominated flexiRate amount and paid at the end of the flexiRate period. flexiRate interest is fixed for the nominated flexiRate period. The maximum flexiRate period is 1 year. An interest adjustment will apply if we allow you to release your flexiRate early.
Deposit Products are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882. Fees, charges, terms and conditions apply and are available on request.