Interest Rates
S8 Bonus Saver
| | Rate p.a. |
|
Standard Rate
|
2.00%
|
|
Bonus Rate*
|
3.75%
|
|
Total (Standard plus Bonus)
|
5.75%
|
Bonus Saver interest is calculated on daily balance and credited monthly. Rates Effective 01 March 2010 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
|
4.50%
|
S7 easyinvest Online Savings Account - rate effective 03 March 2010 are variable and subject to change. Interest calculated daily and credited on 30 September, 31 Decemeber. 31 March and 30 June
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
|
4.00%
|
5.00%
|
5.25%
|
|
4 months
|
4.00%
|
5.00%
|
5.25%
|
|
5 months
|
4.00%
|
5.50%
|
5.50%
|
|
6 months
|
4.00%
|
5.00%
|
5.25%
|
|
7 months
|
4.00%
|
6.10%
|
6.10%
|
|
8 months
|
4.00%
|
5.00%
|
5.25%
|
|
9 months
|
4.00%
|
5.00%
|
5.25%
|
|
10 months
|
4.00%
|
5.00%
|
5.25%
|
|
11 months
|
4.00%
|
5.00%
|
5.25%
|
|
12 months
|
5.00%
|
6.00%
|
6.10%
|
|
18 months
|
5.00%
|
6.00%
|
6.30%
|
|
24 months
|
5.00%
|
6.00%
|
6.50%
|
|
36 months
|
5.25%
|
6.25%
|
7.00%
|
|
48 months
|
5.50%
|
6.50%
|
7.00%
|
|
60 months
|
5.75%
|
6.75%
|
7.00%
|
|
12 months Regular Imcome
|
4.00%
|
5.00%
|
5.25%
|
Term Deposits - rates are per annum and current as at 03 March 2010.
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.
50K+ Investment Account
| | Monthly Interest | Quarterly Interest | Yearly Interest |
|
1 Year
|
5.94%
|
5.97%
|
6.10%
|
|
2 Years
|
6.31%
|
6.35%
|
6.50%
|
|
3 Years
|
6.79%
|
6.82%
|
7.00%
|
|
4 Years
|
6.79%
|
6.82%
|
7.00%
|
|
5 Years
|
6.79%
|
6.82%
|
7.00%
|
50K+ Investment Account - Rates are per annum and current as at 16 February 2010. 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.
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 31 May and 30 November
S2 Investment - At Call
| | Rate p.a. |
|
Up to $4,999.99
|
0.10%
|
|
$5,000 to $24,999.99
|
2.50%
|
|
$25,000 to $49,999.99
|
3.00%
|
|
$50,000 plus
|
3.50%
|
S2 Investment Account - Rates effective 03 March 2010, are variable and subject to change. Interest calculated daily and credit 31 May and 30 November
S3 Little Copper Club
| | Rate p.a. |
|
(Members under 18 years of age)
|
2.75%
|
S3 Little Copper Club Account - Rates Effective 03 March 2010, are variable and subject to change.
Interest calculated on daily balance and credited 31 May and 30 November
S4 Christmas Club
| | Rate p.a. |
|
(Available for withdrawal 1 Nov to 31 Jan)
|
3.25%
|
S4 Christmas Club Account - Rates Effective 03 February 2010, are variable and subject to change.
Interest calculated on daily balance and credited on 30 April and 31 October.
Funds are available by using pc.easynet online banking and Rapid Response telephone banking services between 1 November and 31 January.
This way, your christmas savings will continue to grow.
S10 Deeming Account - At Call
Deeming S10 Account - Rates Effective 20 April 2009, are variable and subject to change.
Interest calculated on daily balance and credited 31 May and 30 November.
S14 - 14 Day Notice
| | Rate p.a. |
|
$5,000 to $24,999.99
|
3.00%
|
|
$25,000 to $49,999.99
|
3.50%
|
|
$50,000 plus
|
4.00%
|
14 Day Notice S14 Account - Rates Effective 03 February 2010 are variable and subject to change.
Interest calculated on daily balance and credited 31 May and 30 November.
SuperFuture RSA
| | Rate p.a. |
|
Up to $4,999.99
|
0.10%
|
|
$5,000 to $19,999.99
|
3.00%
|
|
$20,000 to $49,999.99
|
3.50%
|
|
$50,000 and over
|
4.50%
|
SuperFuture RSA Account - Rates Effective from 03 February 2010, are variable and subject to change.
Interest calculated daily and credited annually on 30 June each year.
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.
First Home Saver Account
| | Rate p.a. |
|
Up to $4,999.99
|
3.75%
|
|
$5,000 plus
|
4.00%
|
First Home Saver rate is per annum and current as at 03 March 2010. Interest is calculated daily and credited quarterly on the last day in March, June, September and December. Interest rate is variable and may change from time to time.
Owner Occupied Housing Loan
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
6.54%
|
6.58%
|
|
12 Month Discount Variable
|
6.04%
|
6.53%
|
|
Fixed Interest Rate
|
|
|
|
1 year
|
6.59%
|
6.59%
|
|
2 year
|
7.29%
|
6.74%
|
|
3 year
|
7.59%
|
6.89%
|
|
4 year
|
7.89%
|
7.09%
|
|
5 year
|
7.99%
|
7.24%
|
Owner Occupied Housing Loan - Rates Effective 04 March 2010. Existing Borrowers Effective 15 March 2010. Fixed rates from 1 - 5 years effective from 05 November 2009.
Investment Housing Loan
| | Rate p.a. |
|
Standard Variable
|
6.54%
|
|
12 Month Discount Variable
|
6.04%
|
|
Fixed Interest Rate
|
|
|
1 year
|
6.59%
|
|
2 years
|
7.29%
|
|
3 years
|
7.59%
|
|
4 years
|
7.89%
|
|
5 years
|
7.99%
|
Investment Housing Loan - Rates Effective 04 March 2010. Existing Borrowers Effective 15 March 2010. Fixed rates from 1 - 5 years effective from 05 November 2009
Line of Credit - Home Loan
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
6.54%
|
6.56%
|
Line of Credit Home Loan - Rates Effective 04 March 2010 . Existing Borrowers Effective 15 March 2010.
Top-Up Housing Loan - Owner Occupied
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
6.54%
|
6.56%
|
Top-Up Housing Loan (Owner Occupied) - Rates Effective 04 March 2010. Existing Borrowers Effective 15 March 2010. 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%
|
New and Used Car Loan Fixed Rates 1 - 5 years effective 05 November 2009.
All Police Credit Car loans are secured by a goods mortgage.
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 redraw fees or early repayments fees, and 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 02 Decemeber 2009. Existing facilities will increase effective 01 January 2010
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.
|