Interest Rates
EzePac (S20 & S21)
*PC EzePac is only available as a bundle.
PC EzePay and PC EzeSaver cannot be held seperately
S21 PC EzeSaver
| | Rate p.a. |
|
Standard Rate
|
4.50%
|
|
Bonus Rate*
|
0.25%
|
|
Total (Standard plus Bonus)
|
4.75%
|
PC EzeSaver interest is calculated on a daily basis and credited monthly. Rates effective 19 December 2011 are variable and subject to change.
*Bonus Rate is additional to the Standard Rate and applies when no withdrawals are made in the month.
S20 PC EzePay
This account does not attract interest
S8 Bonus Saver
| | Rate p.a. |
|
Standard Rate
|
2.00%
|
|
Bonus Rate*
|
3.25%
|
|
Total (Standard plus Bonus)
|
5.25%
|
Bonus Saver interest is calculated on daily balance and credited monthly. Rates Effective 1 January 2012 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 19 December 2011 are variable and subject to change. Interest calculated daily and credited monthly.
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
|
4.50%
|
4.75%
|
5.00%
|
|
4 months
|
4.50%
|
5.25%
|
5.50%
|
|
5 months
|
4.50%
|
4.75%
|
5.00%
|
|
6 months
|
4.50%
|
4.75%
|
5.00%
|
|
7 months
|
4.50%
|
4.75%
|
5.00%
|
|
8 months
|
4.50%
|
4.75%
|
5.00%
|
|
9 months
|
4.50%
|
4.75%
|
5.00%
|
|
10 months
|
4.50%
|
4.75%
|
5.00%
|
|
11 months
|
4.50%
|
4.75%
|
5.00%
|
|
12 months
|
4.75%
|
5.00%
|
5.25%
|
|
18 months
|
4.75%
|
5.00%
|
5.00%
|
|
24 months
|
5.00%
|
5.00%
|
5.25%
|
|
36 months
|
5.00%
|
5.25%
|
5.50%
|
|
48 months
|
5.00%
|
5.25%
|
5.50%
|
|
60 months
|
5.00%
|
5.25%
|
5.75%
|
|
12 months Regular Income
|
4.75%
|
5.00%
|
5.25%
|
Term Deposits - rates are per annum and current as at 12 December 2011.
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.
50K+ Investment Account
| | Monthly Interest | Quarterly Interest | Yearly Interest |
|
1 Year
|
5.13%
|
5.15%
|
5.25%
|
|
2 Years
|
5.13%
|
5.15%
|
5.25%
|
|
3 Years
|
5.37%
|
5.39%
|
5.50%
|
|
4 Years
|
5.37%
|
5.39%
|
5.50%
|
|
5 Years
|
5.60%
|
5.63%
|
5.75%
|
50K+ Investment Account - Rates are per annum and current as at 12 December 2011. 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.
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 19 December 2011, 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
|
2.50%
|
|
$25,000 to $49,999.99
|
3.00%
|
|
$50,000 plus
|
3.50%
|
S2 Investment Account - Rates effective 19 December 2011, 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)
|
3.25%
|
S3 Little Copper Club Account - Rates Effective 19 December 2011, are variable and subject to change.
Interest calculated on daily balance and credited 30 June and 31 December
S4 Christmas Club
| | Rate p.a. |
|
(Available for withdrawal 1 Nov to 31 Jan)
|
3.25%
|
S4 Christmas Club Account - Rates Effective 19 December 2011, are variable and subject to change.
Interest calculated on daily balance and credited monthly.
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 March 2010, 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
|
3.00%
|
|
$25,000 to $49,999.99
|
3.50%
|
|
$50,000 plus
|
4.00%
|
14 Day Notice S14 Account - Rates
Effective 19 December 2011, are variable and subject to change.
Interest calculated on daily balance and credited 30 June and 31 December
First Home Saver Account
| | Rate p.a. |
|
Up to $4,999.99
|
3.50%
|
|
$5,000 plus
|
4.00%
|
First Home Saver rate is per annum and current as at 19 December 2011. Interest is calculated daily and credited monthly. Interest rate is variable and may change from time to time.
Honeymoon 1-2 Year Discount Variable
| | Discount Rate off Standard variable rate | Rate p.a. | Comparison |
|
Discount Variable Rates
|
|
|
|
|
1 year
|
0.70%
|
6.09%
|
6.72%
|
|
2 year
|
0.70%
|
6.09%
|
6.65%
|
Honeymoon 1-2 Year Discount Variable - Rates effective 12 December 2011. Existing Borrowers, Rates effective 19 December 2011. 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.
Owner Occupied Housing Loan
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
6.79%
|
6.83%
|
|
Fixed Interest Rate
|
|
|
|
1 year
|
5.99%
|
6.71%
|
|
2 year
|
5.99%
|
6.63%
|
|
3 year
|
6.24%
|
6.63%
|
|
4 year
|
6.79%
|
6.79%
|
|
5 year
|
6.94%
|
6.86%
|
Owner Occupied Housing Loan - Rates effective 12 December 2011. Existing Standard Variable Borrowers, rates effective 19 December 2011.
Investment Housing Loan
| | Rate p.a. |
|
Standard Variable
|
6.79%
|
|
Fixed Interest Rate
|
|
|
1 year
|
5.99%
|
|
2 year
|
5.99%
|
|
3 year
|
6.24%
|
|
4 year
|
6.79%
|
|
5 year
|
6.94%
|
Investment Housing Loan - Rates effective 12 December 2011. Existing Standard Variable Borrowers, rates effective 19 December 2011.
Line of Credit - Home Loan
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
6.79%
|
6.83%
|
Line of Credit Home Loan - Rates effective 12 December 2011. Existing borrowers, rates effective 19 December 2011.
Top-Up Housing Loan - Owner Occupied
| | Rate p.a. | Comparison Rate p.a. |
|
Standard Variable
|
6.79%
|
6.81%
|
Top-Up Housing Loan (Owner Occupied) - Rates effective 12 December 2011. Existing borrowers, rates effective 19 December 2011. 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
|
9.99%
|
9.99%
|
|
Used Car Loan
|
10.49%
|
10.49%
|
|
My First Car Loan
|
10.24%
|
10.24%
|
|
Safe Used Car Loan
|
9.99%
|
9.99%
|
New and Used Car Loan Fixed Rates 1 - 5 years effective 23 February 2011
All Police Credit Car loans are secured by a goods mortgage.
Travel Loan - Fixed 1-2 Years
| | Rate p.a. | Comparison Rate p.a. |
|
Travel Loan
|
9.95%
|
9.95%
|
Travel Loan - Fixed 1-2 Years. Rates Effective 12 December 2011.
* 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
|
9.95%
|
9.95%
|
Student Loan - Fixed 1-5 years. Rates effective 12 December 2011.
*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
|
9.95%
|
9.95%
|
Job Starter - Fixed 1-5 Years. Rates Effective 12 December 2011.
*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.
SuperFuture RSA Term Deposit Rates
| | Rate p.a. |
|
6 months
|
5.00%
|
|
12 months
|
5.25%
|
|
24 months
|
5.25%
|
Rates effective from 12 December 2011.
$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.
|