Interest Account
- Maximise earnings -- interest is earned on all credit balances above the required threshold
Bank anytime -- 24-Hour access to accounts through Internet Banking to track account balances, transfer funds and more - Balances & Fees
A minimum amount is required to open this account
A monthly service fee is applied on the last working day of the month where the account balance falls below the required minimum
No monthly service fee for the first 3 months of operation
See your local branch for details on the minimum amount and monthly service fee - Interest
Daily interest which is calculated on each day’s final balance and will be credited monthly on the last working day
Interest is earned for every day that the account balance meets the minimum balance requirement
Tiered interest rate structure, which allows for higher yields as the account balance grows - Additional Features
*FREE deposits
*Capability to transfer surplus funds into this account from a nominated account; either the Altas Union Account or the Altas Union Unlimited Chequing Account via our Internet Banking and Instant Teller services
*FREE Internet Banking with bill payments. Some transactions (e.g. for wire transfers), will attract separate charges
*A FREE statement is only available via our Internet Banking Service
*A FREE mini-statement of the last 10 transactions is provided through our Instant Tellers
*Mailed statements may be requested for an additional charge
*Mailed statements will be provided for FREE to customers without access to Internet Banking
*24–Hour Automated Telephone Banking
*Arrangements can be made to set up standing orders against the client’s account to pay bills and loans, and to transfer funds between accounts - Special Conditions
*FREE banking at Altas Union Instant Tellers is available ONLY to businesses that fall into any one of the following categories:
Is a sole trader/proprietor
Has a business account where only one signatory to the account is required
Has a business account with more than one signatory and only one signature is required to perform transactions on the account. A charge is levied for withdrawals and inquiries done at non- Altas Union ATMs
Altas Union Instant Tellers have 24-Hour access for Cash Withdrawals, Mini-Statements, Transfers and other transactions using the Altas Union Bank Card
Product features vary by location. Please contact your local branch for further details.
