BNZA Interest rates - Variable rate products

Effective Date - 26 September 2016
To the extent that this document contains information relating to a BNZA Cash Management Account, BNZA Business Cheque Account, or BNZA Cheque Account; this document forms part of the Product Disclosure Statement (PDS) for that product along with the following documents:
- BNZA's document titled 'Product Disclosure Statement including Terms and Conditions' relevant to the product; and
- BNZA's 'Your Guide to Banking Fees and Charges'.
These documents (as applicable) together make up the PDS for each of these products listed above. If you have not already received copies of each of the applicable documents, please let BNZA know.
Notice of Current Interest Rates for Deposits and Credit Balances
This notice forms part of the Terms and Conditions for your account listed below. The interest rates set out in this notice are applicable to your account from the "Effective Date" above and are subject to change at any time.
BNZA Business Cheque Account
The following rates apply to your BNZA Business Cheque Account (and are included in the terms and conditions for your account):

 

Previous
Rate

Current Rate
Effective From

Current
Rate

Deposit Indicator Rate
Margin (if known)
Interest Rate

0.25% pa
       % pa
       % pa

 13/05/16
 
 

0.00% pa
       % pa
       % pa

No interest is paid for a day if the account balance is below $5,000 on that day, unless the account was opened prior to 26 May 1997. (A positive or negative margin can apply to your account as agreed upon between yourself and BNZA. If no margin applies, the interest rate will be the Deposit Indicator Rate).
BNZA Cheque Account
No interest is payable on credit balances in this account.
BNZA Cashlink Account
The following rates apply to your BNZA Cashlink Account (and are included in the terms and conditions for your account):

Amount

Previous
Rate

Current Rate
Effective From

Current Rate

$0 to less than $2,500
$2,500 to less than $50,000
$50,000 and over

0.00% pa
0.01% pa
0.20% pa

 5/10/02
 5/10/02
30/05/03

0.00% pa
0.01% pa
0.01% pa

Note: This product is no longer for sale.
BNZA Smarter Access Account

The following rates apply to your BNZA Smarter Access Account (and are included in the terms and conditions for your account):

Amount

Previous
Rate

Current Rate
Effective From

Current
Rate

$0 to less than $1,000
$1,000 to less than $50,000
$50,000 to less than $100,000
$100,000 and over

0.00% pa
0.01% pa
0.05% pa
0.20% pa

 5/10/01
 5/10/01
17/01/03
30/05/03

0.00% pa
0.01% pa
0.01% pa
0.01% pa

This product is no longer for sale.

Notice of Current BNZA Overdraft Interest Rates and Loan Rates:

This notice forms part of the Terms and Conditions for your account listed below. The interest rates set out in this notice are applicable to your account from the "Effective Date" above and are subject to change at any time.

 

Previous
Rate

Current Rate
Effective From

Current Rate

Corporate Base Lending Rate
Smarter Access Overdraft Rate
Consumer Base Lending Rate

8.87% pa
14.67% pa
10.67% pa

19/08/16
12/10/12
12/10/12

8.77% pa
14.47% pa
10.47% pa

This document was prepared on 23 September 2016. Fees and charges may be payable on deposit and loan products. Terms and Conditions apply to ALL products. Details of Fees and Charges, Terms and Conditions and the PDS (where applicable) are available on application to BNZA. For full details of BNZA products contact your BNZA Business Banker or call 13 22 18.

Any advice in this document has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice on this document, National Australia Bank Limited recommends that you consider whether it is appropriate for your circumstances. Before making any decisions regarding any of the products covered by this document, NAB recommends you consider the applicable Product Disclosure Statement or other disclosure documents, available from BNZA. The products covered by this document are issued by National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 through its division BNZA.