Cash Investment Account, savings account

A competitive variable interest investment account with easy access to your cash

Earn a competitive variable interest rate on cash investments
Easy access in branches, ATMs and chequebook, plus online with Internet and Phone Banking 24/7¹
Automate deposits like your salary and investment income with direct credits
Perfect for Self Managed Super Funds (SMSFs) as a cash hub account, to keep SMSF cash separate from personal cash.

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Overview
Rates & Fees
Right for me?
Statements
How to apply

Overview

High variable interest investment cash account	Earn a competitive variable interest rate from the first dollar, calculated daily, paid monthly Benefit from tiered interest rates – the higher the balance, the higher the rate
Save on fees	No monthly account service fee 5 free withdrawals every month (including 2 staff assisted) Free unlimited everyday Internet Banking²
Easy at call access	In branch, ATMs, chequebook, 24/7 Internet and Phone Banking¹, eftpos, BPAY® and Bank@Post™
Cash hub for SMSF investors	Can be your cash hub account for your Self Managed Super Fund and investments

Rates & Fees

Rates
Balances up to $4,999.99	% p.a.
From $5,000 to $9,999.99	% p.a.
From $10,000 to $19,999.99	% p.a.
From $20,000.00 to 49,999.99	% p.a.
From $50,000.00 to $99,999.99	% p.a.
From $100,000.00 to $249,999.99	% p.a.
From $250,000.00 to $499,999.99	% p.a.
From $500,000 and over	% p.a.

Fees
Monthly account service fee	$0.00
Number of free everyday banking withdrawals every month	5 (including up to 2 staff assisted)

Everyday Banking Transaction fees (after your free withdrawals have been exceeded)

Internet Banking transactions	Free
Phone Banking transactions	Free
BankSA / St.George / Bank of Melbourne / Westpac ATMs (in Australia)	$0.60
eftpos	$0.60
Electronic agency	$0.60
Free Collection items each month	10
Cheque	$1.00
Staff assisted (after your monthly transaction allowances have been exceeded)	$2.50

Transaction fees apply (Free monthly withdrawal allowances do not apply to these fees)

Direct Debit	$0.20
Periodical Payment	$4.00
Overseas Cash Withdrawal (including overseas ATM withdrawal)	$5.00
BankSA / Bank of Melbourne / St.George ATM Mini transaction history request	$0.20
Frequent Statement (per month)	$2.00
Foreign Currency Conversion	3.0%
Collection item	$0.60

Right for me?

Earn a great tiered rate with easy access to your money

Perfect for investors and savers

Earn a competitive variable tiered interest rate - the higher your balance, the higher the rate
Park excess cash (e.g. your home sale proceeds or share sales proceeds) and earn a competitive rate with at call access to your funds. Take the time to plan your next investment strategy without losing out on interest!
To maximise your investment returns, automate deposits like your salary and investment income
Get all the little extras, like eStatements, optional SMS and Email Alerts³, and a mini transaction history at ATMs.

Perfect as a cash hub for your Self Managed Super Fund (SMSF) and Investment Portfolio

If you have a SMSF, as the trustee you (and any other members of the SMSF) must ensure that cash in the SMSF is held in a separate account from personal cash
Investment Cash Account can be your “cash hub” for your SMSF or investment portfolio, with all contributions and investment income paid into it and all benefit payments and expenses paid from it
With Investment Cash Account, you earn competitive interest rates with easy access via chequebook, branch and online 24/7¹
Plus get regular statements for easy reporting, or view transactions online anytime with Internet Banking.¹

Statements

Keeping track of your Investment Cash account is easy!
Internet Banking	View transactions online anytime with Internet Banking¹
Paper Statements	Posted to you every 6 months⁴
Mini transaction history	Available at any BankSA ATM .
eStatements	View, print and save up to 2 years of statements online when you choose eStatements.
Yearly interest summary	View and print your Financial Year interest summary with Internet Banking.
SMS / Email Alerts³	Keep track of when deposits and withdrawals are made on your account with SMS / email alerts.

How to apply

Apply Online	Open now. It takes just 10 minutes!
Call us	13 13 76 and say “New account” when prompted
Visit a Branch	Find your nearest branch
What you'll need	Contact details (address, phone number, email address) Find out what information you need to provide to become a customer
Tips	New to BankSA? To open a bank account in Australia, you’ll need to confirm your identification An Investment Cash Account can be used as a cash hub for your Self Managed Super Fund.

Important information

Conditions and fees apply.

Before making a decision, it’s best to read the terms and conditions.

Please read these documents and keep a copy. You can request a paper copy at a branch.

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you. If you need help, call 13 13 76.

BPAY® Registered to BPAY Pty Ltd ABN 69 079 137 518

¹ Subject to systems availability.
² Internet Banking is free but will be counted towards your monthly fee-free transaction allowance. Daily transaction limits apply.
³ Fees apply for SMS Alerts per month. Email Alerts are free.
⁴ You have the option to receive statements more frequently.

Investment Cash Account

A competitive variable interest investment account with easy access to your cash

Earn a great tiered rate with easy access to your money

Keeping track of your Investment Cash account is easy!