Pensioner Deeming Account

Passbook savings account paying the deemed rate of interest, with no fees.

Many pensioners prefer to earn interest at the rate set by the deeming rate. This account is a savings account where the interest rate is the same as the deeming rate. The rate changes when the deeming rate is adjusted.

The account can be operated in exactly the same manner as the normal savings investment account. There is no limit to the number of transactions.

Electronic debits and credits access can be arranged. So, for example, your pension payment can be made into this account.

No Fees or Charges.

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see also ...

Savings Investment Account
Everyday passbook savings account. No Fees or Charges.

Premium Saver
This is a great account for those who want higher interest and funds at-call, but with more flexibility than many 'internet-only' accounts. For example, you can deposit a cheque directly into this account, and also withdraw by cheque or electronically to any bank account (it does not have to be pre-nominated) Funds are at-call earning premium interest rate, with no fees.

Christmas Club
The easy way to save for that busy and costly time of year. No Fees and a great interest rate.

Monthly Income Savings
Savings account paying interest to you each month, with no fees.

Rainbow Club - banking for school children
Rainbow Club is banking at school for primary school children around our Diocese. There are no fees on the passbook account and the school receives 30c commission for each and every deposit.

Interest Rates