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The accounts below are no longer offered to customers. This information is for existing account holders only.

For more information about the benefits, features and fees of these products, please see the 

● Transaction, Savings and Investment Accounts: accounts no longer offered - Banking services Terms and conditions and general information ; and

● Transaction, Savings and Investment Accounts: accounts no longer offered - Fees and charges and How to minimise them

 

Transaction and Savings Accounts No Longer for Sale

  • Complete Freedom Student Account
  • Direct Saver Account
  • DIY Super Direct Saver Account
  • Express Freedom Account
  • Freedom Account
  • Freedom Plus Account
  • Gold Cash Management Account
  • Happy Dragon Account
  • Investment Savings Account
  • Portfolio Cash Management Account
  • Power Saver Account
  • Sense Everyday Account
  • Sense Saving Account

Transaction accounts - Interest rates

Happy Dragon Account

  

Interest calculated 

Daily – Interest rate applies to the full account balance

Interest paid

Twice Yearly (Jun, Dec)

Balances up to $19,999.99

0.01% p.a.

From $20,000 up to $49,999.99

0.05% p.a.

$50,000 and over

0.05% p.a.

Freedom Account^

  

Interest calculated 

Daily – Interest rate applies to the full account balance

Interest paid

Quarterly (Mar, Jun, Sept, Dec)

Balances up to $4,999.99

0.01% p.a.

From $5,000 up to $19,999.99

0.01% p.a.

From $20,000 and over

0.01% p.a.

No Interest is payable on the following accounts: Simply Freedom, Freedom Plus, Express Freedom, Complete Freedom Student, Sense Everyday (linked to the Sense Savings account).

Savings accounts - Interest rates

Investment Savings
Account^

Power Saver Account

Direct Saver Account

Sense Savings Account

Interest calculated

Daily – Interest rate applies to the full account balance

Daily – Interest rate applies to the full account balance

Daily – Interest rate applies to the full account balance

Daily – Interest rate applies to the full account balance

Interest paid

Quarterly
(Mar, June, Sept, Dec)

Monthly

Monthly

Monthly

From $0 up to $4,999.99

0% p.a.

0.05% p.a.

0.05% p.a.

0.05% p.a.

From $5,000 up to $9,999.99

0.01% p.a.

0.05% p.a.

0.05% p.a.

0.05% p.a.

From $10,000 up to $49,999.99

0.01% p.a.

0.05% p.a.

0.05% p.a.

0.05% p.a.

From $50,000 up to $99,999.99

0.01% p.a.

0.05% p.a.

0.05% p.a.

0.05% p.a.

$100,000 and over

0.01% p.a.

0.05% p.a.

0.05% p.a.

0.05% p.a.

Investment Accounts - Interest rates

Portfolio Cash Management
Account

Gold Cash Management
Account

DIY Super Direct Saver
Account

Interest calculated

Daily – Interest rate applies to the full account balance

Daily – Interest rate applies to the full account balance

Daily – Interest rate applies to the full account balance

Interest paid

Monthly

Monthly

Monthly

Balances up to $4,999.99

0% p.a.

0% p.a.

0.05% p.a.

From $5,000 up to $99,999.99

0.01% p.a.

0.01% p.a.

0.05% p.a.

$100,000 and over

0.05% p.a.

0.01% p.a.

0.05% p.a.

Loan Accounts - Interest rates

Portfolio Loan

Interest calculated

Daily – Interest rate applies to the full account balance

Interest paid

Quarterly (Mar, Jun, Sep, Dec)

All Balances

0.01% p.a.

The Detail

Conditions, fees and charges apply. Interest rates (including interest tiers, where applicable) are subject to change.

This information is for existing account holders only. The information on our website is prepared without taking into account your personal objectives, circumstances or needs. Before making a decision, it’s best to read the Terms and Conditions and consider if a product is right for you:

Transaction, Savings and Investment Accounts: accounts no longer offered - Banking services Terms and conditions and general information and Transaction, Savings and Investment Accounts: accounts no longer offered - Fees and charges and How to minimise them.

You should keep a copy of the Terms and Conditions for your records and you can also request a paper copy at a branch. If you need help, ask at any branch or please call 13 33 30, Monday to Saturday, 8am – 8pm (EST).

^ We do not calculate interest on an account if the account is linked to a loan account under an interest offset facility. The interest offset facility may be a “loan offset” (partial interest offset) or a “mortgage equaliser” (full interest offset). Please refer to the Transaction, Savings and Investment Accounts: Accounts no longer offered terms and conditions and general information booklet for more information on interest offset facilities.


To avoid being charged interest on any unarranged debt, you should always try to keep a positive balance in your deposit accounts. If your account becomes overdrawn without arrangement, debit interest will be charged to that account. It will be calculated daily on the debit balance (and deducted on the last business day of each month) using the then current Unarranged Lending Rate (ULR) until the account balance is positive again. The current unarranged lending rate is available by contacting us on 13 33 30 (or +61 2 9155 7800 if calling from outside of Australia) or visiting www.stgeorge.com.au.

St.George - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.