Cash Management Account

With a major investment you expect a competitive return, and it's great if you also have access to your money when you need it!
For an investment of $5,000 or more - a Cash Management Account is an ideal
way to achieve a high return.
Features
| Account Fee |
|
$5 a month if balance falls below $5,000 at any time
in the month (exemptions available). |
| Minimum Balances |
|
Minimum opening balance $5,000
Minimum on-going balance is $1 - Reduced level of transaction fees if minimum balance retained at $20,000 at all times |
| Funds Access |
|
Cleared funds are on-call |
Interest
 |
|
Calculated on daily balances at the tiered rate of interest that applies to each part of your account balance and is paid quarterly. |
| Statements |
|
Choice of passbook or up to one free transaction statement per month.
Free interest statements showing interest paid. |
| Withdrawal methods |
|
|
| Deposit methods |
|
|
Autosweep
 |
|
Saves you the embarrassment or cost of ‘bouncing’ cheques or electronic payments by ‘sweeping’ fund from one Wide Bay Australia account to another |
Sub-Accounts
|
|
Operate more than one Account under the same number for different purposes. Each sub-account may have its own Cashcard, cheque book etc. |
| Account Label |
|
Label your account and sub-accounts e.g. "Holiday Account", "Car Account" etc. |
Available for personal use only - businesses, companies, body corporate, superannuation funds, family trusts, clubs and non-profit organisations are not eligible.
Wide Bay Australia Ltd ABN 40 087 652 060 (AFS Licence No: 239686) is the issuer of this account/these accounts and any non-cash payment facilities that may be used in conjunction with them. To decide if they are appropriate for you please carefully read the booklet 'Your Guide to Wide Bay Australia's Accounts and Banking Services' (PDF, 1.08MB)
Cheque payment services are available by arrangement with Westpac Banking Corporation ABN 33 007 457 141
BPAY® is a trade mark of BPAY Pty Ltd (ABN 69 079 137 518)