US Dollar accounts - Current Rates |
 Previous rates |
US Dollar Bonus Access account - with effect from 29 September 2011 |
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Annual/Interest on closure |
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With Bonus |
Without Bonus |
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| Gross* p.a.% | A.E.R. % | Gross* p.a.% | A.E.R. % | |
| $5,000 - $24,999 | 1.05 † | 1.05 | 0.125 | 0.125 |
| $25,000+ | 1.60 ‡ | 1.60 | 0.125 | 0.125 |
‡ Includes a variable introductory bonus of 1.475% for the first 12 months
US Dollar Savings account - with effect from 16 January 2009 |
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Annual/Interest on closure |
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| Gross* p.a.% | A.E.R. % | |
| $1,000 to $24,999 | 0.10 | 0.10 |
| $25,000 to $49,999 | 0.15 | 0.15 |
| $50,000 to $99,999 | 0.20 | 0.20 |
| $100,000 and above | 0.25 | 0.25 |
Balances below US $1,000 in our US Dollar Savings accounts will receive interest at 0.10% Gross* p.a./A.E.R.
All rates quoted are variable.
* All interest rates are quoted gross.
** Whilst it is a condition of this account to pay 0.25% gross p.a. below the US Federal Funds target rate range, for the time being we will pay a flat rate of 0.10% on the account; however, we reserve the right to stop paying this flat rate without notice.
The Annual Equivalent Rate (A.E.R.) is a notional
rate which illustrates the contractual rate as if paid and compounded
on an annual basis.