Balances include deposits made to your account.
Interest is paid on the last business day of each calendar month.īalances in your account on or after the last business day won't be included in the interest calculation for that month but will be included in the interest calculation for the following month.
When is interest paid to my eSaver account? applies for the first 5 months, on top of the standard variable rate when you are a new Westpac eSaver customer:Īfter 5 months the standard variable rate, currently 1.10% p.a. When does the introductory special rate apply?Īn introductory fixed interest rate of 3.55% p.a. While NAB believes we may see another interest rate hike by February up to 4.60 p.a., the other three of the big four are forecasting rates to stay at a 4.35 p.a. Only available for new eSaver accounts opened online by sole applicants who have never held an eSaver account before. The last time the RBA paused its cash rate hike cycle, a number of customers saw small adjustments in home loan variable rates and likewise for savings accounts and term deposits. to your total introductory rate, making it 5.00% p.a. Open an eSaver account online to add 0.35% p.a.
