Investment Cash Account

The Investment Cash Account is a bank account that offers a variable interest rate, with easy access to funds. It can be used to make deposit and withdrawals through a variety of channels for individuals and Self-Managed Superannuation Funds (SMSF).

Key product attributes:

Access to funds at any time through a variety of channels (e.g. Internet and Phone Banking, branch, and debit card)
Variable interest rates may apply and credit interest paid monthly
No minimum opening balance required
Make non-cash payments via services such as BPAY, Pay Anyone, OSKO and Overseas Telegraphic Transfer (OTT) and Direct Debit
Link an optional cheque book to your account
Automate deposits such as your salary and investment income with direct credits.

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

Overview

Variable interest investment cash account	May earn a variable interest rate from the first dollar, calculated daily, paid monthly
Save on fees	No Account-keeping fee(formerly known as ‘Monthly Account Service fee’) Free withdrawals 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	1.00 % p.a.
From $5,000 to $9,999.99	1.00% p.a.
From $10,000 to $19,999.99	1.00% p.a.
From $20,000.00 to 49,999.99	1.00% p.a.
From $50,000.00 to $99,999.99	1.00 % p.a.
From $100,000.00 to $249,999.99	1.00% p.a.
From $250,000.00 to $499,999.99	1.00% p.a.
From $500,000 and over	1.00% p.a.

Fees
Account-keeping fee(formerly known as ‘Monthly Account Service fee’)	$0.00

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

Internet Banking transactions	Free
Phone Banking transactions	Free
Bank of Melbourne / Westpac / St.George / BankSA ATMs	Free
eftpos	Free
Electronic agency	Free
Free Collection items each month	Unlimited
Cheque	Free
Staff assisted	Free
Bank@Post	Free

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

Direct Debit	Free
Periodical Payment	Free
Overseas Withdrawal (formerly known as ‘Overseas Cash Withdrawal’)(including overseas ATM withdrawal)	$5.00
Bank of Melbourne / St.George / BankSA ATM Mini transaction history request	Free
Frequent Statement	Free
Foreign Currency Conversion	3.0%
Collection item	Free

Right for me?

May earn a tiered rate with easy access to your money

Perfect for investors and savers

May earn a 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 may earn a 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 may earn interest with easy access via chequebook, branch and online 24/7¹.
Plus get regular statements for easy reporting, or view transactions online anytime with Internet Banking¹

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 St.George 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

Contact us	The product cannot be applied through branch, contact centre or online banking. For details on how to apply, contact your Relationship Manager, Relationship Banker or Private Banker.
Tips	New to St.George? 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.

Eligibility requirements

For personal use:

Be 18 years of age or over (signatory on the account);
Have an Australian residential address.

For an SMSF:

Be a registered Self-Managed Superannuation Fund (SMSF);
Signatory on the account is aged 18 years of over;
Be operating using an Australian address.

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 33 30.

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

May earn a tiered rate with easy access to your money

Keeping track of your Investment Cash account is easy!

Eligibility requirements