Interest Rates
S20 PC EzePay
This account does not attract interest
S21 PC EzeSaver
| | Rate p.a. |
|
Standard Rate
|
3.00%
|
|
Bonus Rate*
|
0.25%
|
|
Total (Standard plus Bonus)
|
3.25%
|
PC EzeSaver interest is calculated on a daily basis and credited monthly. Rates effective 20 May 2013 are variable and subject to change.
*Bonus Rate is additional to the Standard Rate and applies when no withdrawals are made in the month.
S8 Bonus Saver
| | Rate p.a. |
|
Standard Rate
|
2.00%
|
|
Bonus Rate*
|
2.25%
|
|
Total (Standard plus Bonus)
|
4.25%
|
Bonus Saver interest is calculated on daily balance and credited monthly. Rates Effective 1 January 2013 are variable and subject to change.
*Bonus Rate is additional to the Standard Rate and applies when deposits of at least $100 and no withdrawals are made in a month.
S7 easyinvest Online Savings
| | Rate p.a. |
|
S7 On Line Savings
|
3.00%
|
S7 easyinvest Online Savings Account - rate effective 20 May 2013 are variable and subject to change. Interest calculated daily and credited monthly.
First Home Saver Account
| | Rate p.a. |
|
Up to $4,999.99
|
2.00%
|
|
$5,000 plus
|
2.50%
|
First Home Saver rate is per annum and current as at 20 May 2013. Interest is calculated daily and credited monthly. Interest rate is variable and may change from time to time.
50K+ Investment Account
| | Monthly Interest | Quarterly Interest | Yearly Interest |
|
1 Year
|
4.03%
|
4.04%
|
4.10%
|
|
2 Years
|
4.22%
|
4.23%
|
4.30%
|
|
3 Years
|
4.41%
|
4.43%
|
4.50%
|
|
4 Years
|
4.41%
|
4.43%
|
4.50%
|
|
5 Years
|
4.65%
|
4.67%
|
4.75%
|
50K+ Investment Account - Rates are per annum and current as at 1 May 2013. CONDITIONS
Initial deposit of $50,000.
Subsequent minimum deposit of $10,000.
Interest calculated daily, compounding annually or paid monthly, quarterly or annually. Interest rates on amounts in excess of $100,000 are subject to negotiation.
Term Deposit Rates
| | $5,000 - $24,999.99 (p.a.) | $25,000 to $49,999.99 (p.a.) | $50,000 plus (p.a.) |
|
3 months
|
3.50%
|
3.75%
|
4.00%
|
|
4 months
|
3.50%
|
3.75%
|
4.00%
|
|
5 months
|
3.50%
|
3.75%
|
4.00%
|
|
6 months
|
3.50%
|
4.10%
|
4.10%
|
|
7 months
|
3.50%
|
3.75%
|
4.00%
|
|
8 months
|
3.50%
|
3.75%
|
4.00%
|
|
9 months
|
3.50%
|
3.75%
|
4.00%
|
|
10 months
|
3.50%
|
3.75%
|
4.00%
|
|
11 months
|
3.50%
|
3.75%
|
4.00%
|
|
12 months
|
3.75%
|
4.00%
|
4.10%
|
|
18 months
|
3.75%
|
4.00%
|
4.10%
|
|
24 months
|
3.75%
|
4.00%
|
4.30%
|
|
36 months
|
4.00%
|
4.25%
|
4.50%
|
|
48 months
|
4.00%
|
4.25%
|
4.50%
|
|
60 months
|
4.25%
|
4.50%
|
4.75%
|
|
12 months Regular Income
|
3.75%
|
4.00%
|
4.10%
|
Term Deposits - rates are per annum and current as at 1 May 2013.
CONDITIONS
Interest calculated daily and paid annually and / or at maturity. Interest rates on amounts over $100,000 are subject to negotiation. 12 months regular income minimum balance $5,000 minimum transaction $2,000. Interest calculated daily and paid regularly to a Police Credit transaction account. Rates are subject to change at any time.
SuperFuture RSA Term Deposit Rates
| | Rate p.a. |
|
6 months
|
4.10%
|
|
12 months
|
4.10%
|
|
24 months
|
4.30%
|
Rates effective from 1 May 2013.
$50,000 minimum.
Interest is calculated daily and credited annually on 30 June and on maturity.
- Quoted net of all administration fees and before taxes and any government charges. Interest is calculated daily and credited to the RSA Variable Rate account on the 30 June and on maturity.
- Rates are subject to change at any time.
ALL DEPOSIT ACCOUNTS - Before you make any decision to acquire any deposit and payment you should obtain and consider the relevant Product Disclosure Statement (PDS) available from any branch of Police Credit or by calling 13 63 73. Fees and charges may apply to some services. Information on Terms and Conditions / Fees and Charges are available upon application or request.
SuperFuture RSA
| | Rate p.a. |
|
Up to $4,999.99
|
0.10%
|
|
$5,000 to $19,999.99
|
1.50%
|
|
$20,000 to $49,999.99
|
2.00%
|
|
$50,000 and over
|
3.00%
|
SuperFuture RSA Account - Rates Effective from 20 May 2013, are variable and subject to change.
Interest calculated daily and credited annually on 30 June each year.
S1 Multipack - At Call
| | Rate p.a. |
|
PC Visa Debit Card
|
0.10%
|
S1 Multipack Account - Rates Effective 22 September 2008 are variable and subject to change.
Interest calculated on daily balance and credited 30 June and 31 December
S2 Investment - At Call
| | Rate p.a. |
|
Up to $4,999.99
|
0.10%
|
|
$5,000 to $24,999.99
|
1.00%
|
|
$25,000 to $49,999.99
|
1.50%
|
|
$50,000 plus
|
2.00%
|
S2 Investment Account - Rates effective 20 May 2013 are variable and subject to change. Interest calculated daily and credit 30 June and 31 December
S3 Little Copper Club
| | Rate p.a. |
|
(Members under 18 years of age)
|
1.75%
|
S3 Little Copper Club Account - Rates Effective 20 May 2013, are variable and subject to change.
Interest calculated on daily balance and credited 30 June and 31 December
S4 Christmas Club
S4 Christmas Club Account - Rates Effective 20 May 2013, are variable and subject to change.
Interest calculated on daily balance and credited monthly.
Funds are available all year round by using pc.easynet online banking and Rapid Response telephone banking services.
S10 Deeming Account - At Call
Deeming S10 Account - Rates Effective 20 March 2013, are variable and subject to change.
Interest calculated on daily balance and credited 30 June and 31 December
S14 - 14 Day Notice
| | Rate p.a. |
|
$5,000 to $24,999.99
|
1.50%
|
|
$25,000 to $49,999.99
|
2.00%
|
|
$50,000 plus
|
2.50%
|
14 Day Notice S14 Account - Rates
Effective 20 May 2013, are variable and subject to change.
Interest calculated on daily balance and credited 30 June and 31 December
Honeymoon 1-2 Year Discount Variable
| | Discount Rate off Standard variable rate | Rate p.a. | Comparison |
|
Discount Variable Rates
|
|
|
|
|
1 year
|
0.60%
|
5.14%
|
5.68%
|
|
2 year
|
0.60%
|
5.14%
|
5.63%
|
Honeymoon 1-2 Year Discount Variable - Rates effective 8 May 2013. Existing Borrowers, Rates effective 20 May 2013. Minimum loan amount of $120,000.
No application fees payable. This is a limited time special offer.
Comparison Rates have been calculated on a loan amount of $150,000 over a term of 25 years.
Premium Home & WealthBuilder$ Packages
| | Discount Rate off Standard variable rate | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable / Interest Only / Line of Credit
|
|
|
|
|
Loans up to $249,999
|
0.25%
|
5.49%
|
5.82%
|
|
Loans of $250,000 or more
|
0.40%
|
5.34%
|
5.68%
|
Rates effective 8 May 2013. Existing Borrowers, Rates effective 20 May 2013. Comparison Rates have been calculated on a loan amount of $150,000 over a term of 25 years and are based on a new loan for a property purchase secured by a freehold property located within the metropolitan area and associated costs.
Premium Home & WealthBuilder$ Packages
| | Rate p.a. | Comparison rate p.a. Loans < $250,000 | Comparison rate p.a. Loans > $250,000 |
|
Fixed rate / Interest Only Fixed
|
|
|
|
|
1 year (0.10% p.a.discount off rate )
|
5.09%
|
5.79%
|
5.66%
|
|
2 years (0.10% p.a.discount off rate )
|
4.99%
|
5.73%
|
5.61%
|
|
3 years (0.10% p.a.discount off rate )
|
5.29%
|
5.77%
|
5.67%
|
|
4 years (0.10% p.a.discount off rate )
|
5.79%
|
5.93%
|
5.84%
|
|
5 years (0.10% p.a.discount off rate )
|
5.89%
|
6.00%
|
5.92%
|
Rates effective 8 May 2013. Comparison Rates have been calculated on a loan amount of $150,000 over a term of 25 years and are based on a new loan for a property purchase secured by a freehold property located within the metropolitan area and associated costs.
Owner Occupied Housing Loan
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
5.74%
|
5.78%
|
|
Offset Standard Variable
|
5.79%
|
5.83%
|
|
Fixed Interest Rate
|
|
|
|
1 year
|
5.19%
|
5.69%
|
|
2 year
|
5.09%
|
5.62%
|
|
3 year
|
5.39%
|
5.64%
|
|
4 year
|
5.89%
|
5.79%
|
|
5 year
|
5.99%
|
5.85%
|
Owner Occupied Housing Loan - Rates effective 8 May 2013. Existing Standard Variable Borrowers, rates effective 20 May 2013.
Fixed Interest Rates effective 8 May 2013.
Investment Housing Loan
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
5.74%
|
5.78%
|
|
Fixed Interest Rate
|
|
|
|
1 year
|
5.19%
|
5.69%
|
|
2 year
|
5.09%
|
5.62%
|
|
3 year
|
5.39%
|
5.64%
|
|
4 year
|
5.89%
|
5.79%
|
|
5 year
|
5.99%
|
5.85%
|
Investment Housing Loan - Rates effective 8 May 2013. Existing Standard Variable Borrowers, rates effective 20 May 2013.
Fixed Interest Rates effective 8 May 2013.
Line of Credit - Home Loan
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
5.74%
|
5.78%
|
Line of Credit Home Loan - Rates effective 8 May 2013. Existing borrowers, rates effective 20 May 2013.
Top-Up Housing Loan - Owner Occupied
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
5.74%
|
5.76%
|
Top-Up Housing Loan (Owner Occupied) - Rates effective 8 May 2013. Existing borrowers, rates effective 20 May 2013.
Comparison Rates have been calculated on a loan amount of $150,000 over a term of 25 years where existing freehold security is in place and additional security is not required
Car Loan - Fixed Rate 1 to 5 year term
| | Rate p.a. | Comparison Rate p.a. |
|
New Car Loan
|
9.49%
|
9.49%
|
|
Used Car Loan
|
9.99%
|
9.99%
|
|
My First Car Loan (used)*
|
9.74%
|
9.74%
|
|
Safe Used Car Loan
|
9.49%
|
9.49%
|
New and Used Car Loan Fixed Rates 1 - 5 years effective 3 October 2012.
All Police Credit Car loans are secured by a goods mortgage. *Only available to 18 - 25 year olds.
Travel Loan - Fixed 1-2 Years
| | Rate p.a. | Comparison Rate p.a. |
|
Travel Loan
|
9.75%
|
9.75%
|
Travel Loan - Fixed 1-2 Years. Rates Effective 3 October 2012.
* Comparison Rates have been calculated on an unsecured loan amount of $10,000 over a term of 2 years.
Student Loan - Fixed 1-5 Years
| | Rate p.a. | Comparison Rate p.a. |
|
Student Loan
|
9.75%
|
9.75%
|
Student Loan - Fixed 1-5 years. Rates effective 3 October 2012.
*Comparison Rates have been calculated on an unsecured loan amount of $10,000 over a term of 3 years.
Job Starter Loan - Fixed 1-5 Years
| | Rate p.a. | Comparison Rate p.a. |
|
Job Starter Loan
|
9.75%
|
9.75%
|
Job Starter - Fixed 1-5 Years. Rates Effective 3 October 2012.
*Comparison Rates have been calculated on an unsecured loan amount of $10,000 over a term of 3 years.
Credit Cards
| | Rate p.a. | Introductory rate p.a. |
|
Visa Gold Credit Card
|
16.95%
|
6.99%
|
|
Visa Silver Credit Card
|
11.95%
|
6.99%
|
Credit Card interest rates are Effective 05 February 2009 and subject to change. Introductory rate is fixed for first six months and is also available on balance transfers
Personal Loan
| | Rate p.a. | Comparison Rate p.a. |
|
Secured - Variable*
|
12.95%
|
12.95%
|
|
Unsecured - Variable**
|
12.95%
|
12.95%
|
Personal Loan - Rates Effective 02 December 2009. Existing Borrowers effective 08 December 2009.
*Comparison Rates have been calculated on a loan amount of $10,000 over a term of 3 years secured by a goods mortgage.
** Comparison Rates have been calculated on an unsecured loan amount of $10,000 over a term of 3 years.
WARNING - This comparison rate applies only to the example or examples given. Different amount and terms will result in different comparison rates. Costs such as early repayments fees or costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. A Comparison Rate Schedule is available on this website and at any branch of Police Credit. Fees and charges may apply to some services. Information on Terms and Conditions / Fees and Charges are available upon application or request.
Overdraft
| | Rate p.a. |
|
Variable
|
12.95%
|
Overdraft - Rates Effective 01 January 2010.
|