Changes to our summary of accounts, access facilities & transaction limits

We have made some changes to our summary of accounts, access facilities & transaction limits document as follows: Growth Saver (S30) - maximum balance is now $25,000, effective 1 October 2022. The MOVE Bank phone banking facility has been removed from online deposit products(S10, S20 and S30), effective 1 November, 2022. Internet Banking an...

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Scams Awareness Week - Let's talk scams!

Scams awareness is front of mind during the recent events of mass security breaches from Optus and Medibank - especially during this week of November, national Scams Awareness week. This year’s theme is ‘Let’s Talk Scams’. As Justice Louise Brandeis said, sunlight is the best disinfectant. Here are some excerpts from COBA...

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Savings Account Interest Rate Changes – Effective 1 November 2022

Savings Account Interest Rate Changes In line with the RBA’s recent announcement to increase the official cash rate, we are increasing the interest rate across our Savings accounts by up to 0.50% p.a., effective 1 November 2022. Product New Rate(Effective 1 November 2022) Base Rate Bonus Saver^# 2.95%* 0.10% ...

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Savings Account Interest Rate Changes – Effective 1 January 2023

Savings Account Interest Rate Changes In line with the RBA’s recent announcement to increase the official cash rate, we are increasing the interest rate across our Savings accounts by up to 0.75% p.a., effective 1 January 2023. Product New Rate(Effective 1 January 2023) Base Rate Bonus Saver^# 3.45%* 0.10% ...

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Savings Account Interest Rate Changes – Effective 1 March 2023

Savings Account Interest Rate Changes In line with the RBA’s recent announcement to increase the official cash rate, we are increasing the interest rate across our Savings accounts by up to 0.50% p.a., effective 1 March 2023. Product New Maximum Rate New Bonus Rate Base Rate Bonus Saver^# 3.70% 3.60%* ...

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Savings Account Interest Rate Changes – Effective 1 December 2022

Savings Account Interest Rate Changes In line with the RBA’s recent announcement to increase the official cash rate, we are increasing the interest rate across our Savings accounts by up to 0.25% p.a., effective 1 December 2022. Product New Rate(Effective 1 December 2022) Base Rate Bonus Saver^# 3.20%* 0.10% ...

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Optus data breach

To our valued MOVE Bank members. As you may have heard in the media, Optus has reported a serious security data breach.  At this early stage what we know from announcements on the Optus and Australian Competition and Consumer Commission (ACCC) websites is that following a cyber-attack, full identity details for an undisclosed number of current and...

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Interest Rate Changes – Effective 1 September 2022

Savings Interest Rates – Effective 1 September 2022 In line with the RBA’s recent announcement to increase the official cash rate, we are increasing the interest rate across our savings accounts by up to 0.50% p.a., effective 1 September 2022. Product New Rate (Effective 1 September 2022) Base Rate Bonus Saver^# 2....

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Updated Conditions of Use

We have updated our Conditions of Use to ensure it is compliant with the new Customer Owned Banking Code of Practice. The content changes are minor and include the following items. We also took the opportunity to refresh the format of the Conditions of Use. Changes in relation to using electronic verification Amendments to joint account operati...

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