|
Interest on
entire balance $1 and over
|
7.00% p.a.
|
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Bonus Saver
Be rewarded for saving! Earn extra interest with
a minimum deposit of $20
per month and if you save and have no withdrawals
earn an extra 4.25%. Interest
is calculated daily and paid monthly.
|
$1 and over |
2.00% p.a.
|
|
Deposit $20 per month
with no withdrawals |
4.25% p.a.
|
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Pensioner Savings
Interest rates as determined by the
Government. Interest is calculated on minimum monthly
balance and paid monthlv. Pensioners can also access
their funds through Cuecard at ATM's or EFTpos.
Cheque book facilities also available.
|
$1 -
$34,400 |
4.00% p.a.#
|
|
$38,401
and over |
6.00% p.a.# |
# For single members.
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Term Saver
A Flexible Term Deposit option with a minimum
deposit of $10,000 where interest is calculated
daily and paid monthly. No penalty for withdrawal as
long as you keep a minimum of $10,000
|
Term
Saver 12 (12 months) |
7.20% p.a.
|
|
Term
Saver 6 (6 months) |
7.00% p.a.
|
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Term Deposits
A minimum deposit of $10,000 will get
you started. Interest rate is on a per annum basis,
calculated daily and paid on maturity.
|
Term
|
3 months |
6 months
|
9 months
|
|
$1,000 - $4,999
|
4.55%
p.a. |
4.85%
p.a |
5.00%
p.a.
|
|
$5,000 - $9,999 |
5.50%
p.a. |
5.95%
p.a. |
6.05%
p.a. |
|
$10,000 - $49,999
|
8.00%
p.a. |
6.25%
p.a. |
6.35%
p.a. |
|
$50,000 - $99,999 |
8.00%
p.a. |
6.25%
p.a. |
6.35%
p.a. |
|
$100,000
- $349,999
|
8.00%p.a. |
6.35%p.a. |
6.40%p.a. |
Early redemption for Fixed Term Deposits is
entirely at t Dnister's discretion
and will incur a penalty interest as
follows:
Redemption in last 10% of term - minus 0.50%
p.a.
Redemption in last half of term - minus 1.50%
p.a.
Redemption in first half of term - minus 3.00%
p.a.
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Premier Home Loan
Owner occupied & investment housing
properties for mortgages over $50,000. Offset
facility allows redraw of your own funds at your
convenience. Repayments can be made weekly,
fortnightly or monthly.
|
Standard
Variable Rate |
8.55% p.a.
|
|
Comparison Rate* |
8.58% p.a.
|
*Based on a $250,000 loan repayable over 25
years, secured by mortgage
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Standard Home Loan
Free of fees and charges that lets you
redraw any surplus amount you have contributed to
the repayment of the loan in excess of $250,000
No penalty for early repayment.
|
Home
(Introductory Fixed Rate) |
8.90% p.a.
|
|
Comparison Rate* |
9.24% p.a.
|
*Based on a $250,000
loan repayable over 25
years, secured by mortgage
|
Home
(Standard Variable) |
9.25% p.a.
|
|
Comparison Rate* |
9.28% p.a.
|
*Based on a $250,000
loan repayable over 25
years, secured by mortgage
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Interest Only Loan
As the title implies you are only required to
meet the monthly interest costs during the term of
the loan. The loan term is restricted to 12 months
in full at the end of the approved term.
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Equity Access Facility
Allows you to access the equity you have built
up in your home to take that long awaited overseas
holiday, renovate your home or buy a new car. In
fact you can use the funds for any worthwhile
purpose.
|
Equity
Access Facility |
9.75% p.a.
|
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Premier Personal Loan
All purpose personal loan for car, shares, boat,
students or even credit card debt. A free redraw
facility is available to loans in excess of $250
without cost to you. Loans are available for any
amount over $5,000 up to $50,000.
|
Standard
Variable Rate - secured by Goods
Mortgage or Real Estate Property |
9.10% p.a.
|
|
Comparison Rate* |
9.71% p.a.
|
*Based on a $50,000 loan repayable over
5 years
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Personal Loan
Unsecured Personal Loan for any approved
purchase valued over $5,000 up to $50,000. Redraw
facility is available and payment can be made
weekly, fortnightly or monthly without penalty.
|
Unsecured
Personal Loan |
12.10% p.a.
to 15.70%p.a.
|
|
Comparison Rate* |
12.54%
p.a. to 15.70% p.a.
|
*Based on a $10,000 loan repayable over
5 years
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Personal Overdraft
A credit facility that permits drawing against a
savings account where credit funds are not
available and will cause the account to
overdraw. Monthly repayments are the greater of
$20.00 or 2% of the month end closing balance.
|
Secured Overdraft -
secured by Goods Mortgage or Real Estate
Property |
11.70% p.a.
|
|
Unsecured Overdraft |
15.65% p.a.
|
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Business Loan
Financing the purchase, or ongoing running of a
business, or business investment. Variable rate
applies and the facility is repayable over an
agreed term not exceeding 15 years. Overdraft
facility is also available. Repayments are the
greater of $20.00 or 2% of the month end closing
balance of the account.
|
Commercial Loan (Standard
Variable) Minimum |
10.80% p.a.
|
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Business Interest Only Loan
As the title implies you are only required to
meet the monthly interest costs during the term of
the business loan. The loan term is restricted to 12 months
in full at the end of the approved term.
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Unauthorised Overdrawn Accounts
|
Everyday Access &
Pensioner Savings Account |
17.45% p.a.
|
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Note: All rates quoted are per annum. The rates
quoted are subject to change without notice. Fees,
charges, terms and conditions may apply. Details
available on request. Applications for all loan
types are subject at all times to credit assessment
and approval.
Warning: These comparison rates apply only to the
examples given. Different amounts and terms will
result in different comparison rates. Costs such as
redraw fees or early repayment fees and cost savings
such as fee waivers, are not included in the
comparison rate but may influence the cost of the
loan. For loans funded prior to 1st April 2007,
rates are available by contacting one of our
branches.
Loyalty Fee Rebate Program
Our loyalty Fee-Rebate Program provides you with a monthly transaction allowance
based on your level of savings or loan support of the Credit Co-Operative. This
Program offers you greater opportunity to avoid transaction fees when you
maintain all your accounts at Dnister. A modest home loan, personal or
investment would provide a monthly allowance to cover normal day-to-day
transactions.
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General
Transaction Allowance
All members receive a number of free
transactions each month, depending on their Relationship Balance with the Credit
Co-Operative. Your Relationship Balance is calculated on the average monthly
balance of your savings, investment and loan balance and the drawn down balance
of any overdraft facility. For example, if you have $900 in savings and $4,500
in loans, your Relationship Balance is $5,400. In general, the greater your
Relationship Balance, the greater your monthly transaction allowance. This
allowance assists members to offset the cost of transaction fees incurred during
the month.
|
Relationship
Balance |
Monthly
Transaction Allowance / Rebate |
| $0 up to $500
| $4.00 |
| $500 up to $2,000
| $6.00 |
| $2,000 up to $5,000 |
$10.00 |
| $5,000 up to $25,000 |
$13.00 |
| $25,000 and above |
$16.00 |
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Under 18 Years of Age
All members receive a number of free
transactions each month, depending on their
Relationship Balance Members 18 years of age and
under will automatically be eligible for the maximum
rebate of $16 per month to offset their relationship
balance.
top
Students 19 Years and Over
Members 19 years and over with a current full-time
student card will also be eligible for the
maximum rebate of $16 per month regardless of their
relationship balance.
Any unused monthly
transaction allowance is not paid to the member and
is not carried forward to the next month.
top
Tips To Avoid and Minimise Transaction Fees and Charges
- Try to withdraw enough cash
in one transaction to meet your weekly
cash requirements rather than numerous withdrawals.
- Use EFTPOS for withdrawing cash at the same time
as you make a purchase. Most merchants allow this
and enabling you to make one transaction instead of
two.
- Maximise your member support level by borrowing
and saving with Dnister rather than elsewhere.
- Use Internet and Telephone Banking and BPAY to pay
your bills rather than by cash or cheque. Service
providers such as telephone, electricity, gas and
water companies all offer payment by BPAY.
- Use low - cost or free transactions where
possible.
- Familiarise yourself with the member support level
that applies to you, the monthly rebate you receive
and the fees associated with any regular
transactions you make.
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Free
Services
-
Member Services
|
Counter deposits
|
Free
|
|
Giro Post deposits
|
Freee
|
|
BPAY payments
|
Free
|
|
Direct debits
|
Free
|
|
Cheque deposits
|
Free
|
|
Staff assisted account transfers
|
Free
|
|
Phone Banking transfers
|
Free
|
|
Direct credits
|
Free
|
|
Quick debits
|
Free
|
|
NetTeller transfers
|
Free
|
|
Electronic transfers
|
Free
|
|
Account Keeping Fees
|
Free
|
|
Member Cheque Books 25 or 50 Cheques
|
Free
|
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Free Services -
Loans
|
NO
Loan Application Fee
|
|
NO
Loan Establishment Fee
|
|
NO
Monthly Fee
|
|
NO
Redraw (minimum withdrawal is
$250.00)
|
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Transaction
Fees - Rebatable - Member Services
The following fees apply to all access or
transaction accounts prior to a monthly
transaction allowance
being applied.
Per Transaction
|
Member Cheque withdrawal
|
$0.60 ea
|
|
EFTPOS transactions
|
$0.60 ea
|
|
Declined ATM transactions
|
$1.00 ea
|
|
ATM withdrawals
|
$1.50 ea
|
|
Giro Post withdrawals
|
$2.00 ea
|
|
Corporate cheque withdrawal
|
$3.00 ea
|
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Transaction
Fees - Non Rebatable - Member Services
|
Loan Application Fee |
Nil |
|
Loan Establishment
Fee |
Nil |
|
Monthly Fee |
Nil |
|
Outsourced Mortgage
Costs: Valuation, Legal, Stamp Duty, third party charges and
loan
default recovery costs passed on at cost. |
P.O.A. |
|
Redraw (Minimum
withdrawal is $250.00) |
Nil |
|
Late Repayment |
$25.00 |
|
Penalty Interest
(Additional Rate of Interest) |
2% p.a. |
|
Overdrawn Account
Fee (plus Penalty Interest) |
$10.00 |
|
Overdraft Excess Fee
(plus Penalty Interest) |
$10.00 |
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Transaction
Fees - Non Rebatable - Member Services
|
Account Keeping Fees
|
Free
|
|
ATM/EFTPOS enquiry lodgement fee
|
$5.50
|
|
Automated Telephone Banking (24 hours)
|
Local call
|
|
Bank Cheque
|
$10.50 ea
|
|
BPAY transaction investigation
|
$5.50 ea
|
|
Christmas Club withdrawal - 7 days prior
notice
|
Free
|
|
Corporate cheque stop request
|
$5.00 ea
|
|
Counter cash withdrawals (after 6
Free per month)
|
$1.00 ea
|
|
Cue Card replacement
|
$5.00 ea
|
|
Dormant Account service fee
|
$10.00 pa
|
|
Inter Credit Union Withdrawal
|
$10.00 pa
|
|
Member Cheque Books
25 or 50 Cheques
100 Cheques
200 Cheques
|
Free
$6.00
$10.00
|
|
Member Cheque stopped but then presented
|
$30.00 ea
|
|
Member Cheque copy
|
$11.00 ea
|
|
Member Cheque / Periodic Payment Trace
|
$33.00 ea
|
|
S3 or S9 Account withdrawal-7 days prior
notice
|
Free
|
Term Deposit Early Withdrawal Penalty
Interest
Redemption in last 10% of term
Redemption in last half of term
Redemption in first half of term
|
Minus 0.50% pa
Minus 1.50% pa
Minus 3.00% pa
|
• Note: POA = Price On Application
top
Foreign Exchange Services
|
Cash, Travellers
Cheques or Travel Money |
1% (min $10) |
|
Deposit foreign
cheque/cash |
$12.50 |
|
Draft (Thomas
Cook/CBA) |
$12.50 |
|
Moneygram |
POA |
|
Travelex Money
Transfer |
POA |
|
Telegraphic Transfer
(Thomas Cook) |
$30.00 |
