Cash Management
A passbook account that pays a higher interest rate if the minimum account balance is maintained.
- Base rate
- 0.05%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Interest is calculated by applying the daily percentage rate applicable to the daily balance to the entire balance and paid three monthly on 31 March, 30 June, 30 September and 31 December. | 0% | Cash Management_Tier_1 | every 3 months |
| Variable Interest is calculated by applying the daily percentage rate applicable to the daily balance to the entire balance and paid three monthly on 31 March, 30 June, 30 September and 31 December. | 0% | Cash Management_Tier_2 | every 3 months |
| Variable Interest is calculated by applying the daily percentage rate applicable to the daily balance to the entire balance and paid three monthly on 31 March, 30 June, 30 September and 31 December. | 0.01% | Cash Management_Tier_3 | every 3 months |
| Variable Interest is calculated by applying the daily percentage rate applicable to the daily balance to the entire balance and paid three monthly on 31 March, 30 June, 30 September and 31 December. | 0.01% | Cash Management_Tier_4 | every 3 months |
| Variable Interest is calculated by applying the daily percentage rate applicable to the daily balance to the entire balance and paid three monthly on 31 March, 30 June, 30 September and 31 December. |
Fees
| Fee | Type | Amount |
|---|---|---|
| CHEQUE_DISHONOUR Capped at $0.00 · A dishonoured cheque is a cheque that is not paid by the financial institution on which it is drawn. A dishonour fee will apply each time the cheque is presented for payment and dishonoured. | Event | $9.00 |
| DIRECT_ENTRY_DISHONOUR Capped at $0.00 · Payable when a direct entry (inward and outward) is dishonoured. | Event | $9.00 |
| DOCUMENT_FEE Capped at $0.00 · $60.00 per hour (subject to minimum $10.00 per copy). Payable if you request copies of documents such as withdrawal forms or statements, or you ask us to verify a transaction performed on your Account e.g. evidence of a Visa Debit Card purchase. | Event | $60.00 |
| FINANCIAL_INSTITUTION_CHEQUE Capped at $0.00 · Payable when you request us to issue a financial institution cheque. | Event | $2.50 |
| MISCELLANEOUS_SERVICE_FEE Capped at $0.00 · $60.00 per hour. Payable if you request information not covered by the Document Fee. | Event | $60.00 |
| OVERSEAS_TELEGRAPHIC_TRANSFER_(OUTWARD)_-_AUSTRALIAN_CURRENCY Capped at $0.00 · Payable if we assist you send funds electronically overseas in Australian dollars. |
Features
- Bill payment (BPAY) — BPAY
- Pay bills using BPAY
- Digital banking
- PayID
- Real-time payments (NPP)
- Passbook account only
- Unlimited transactions
- Notifications — Mutual Alerts - Balance, low and high balance, deposit, withdrawal
- Staff assisted transactions - Branch and Contact Centre
Eligibility
- Residency status — Australian citizen or a permanent resident of Australia or otherwise approved
- Minimum age — 12 years
Constraints
- Opening balance — $0.00
- Minimum balance — $0.00
More Information
Published by Maitland Mutual Limited under the Consumer Data Right · Last updated 3 July 2026 · Product ID Cash_Management · View on CDR.gov.au