Cash Management Account
Great for things like parking investment funds.
The Cash Management Account is a high-balance savings account with no minimum monthly balance, that's accessible with a Visa Debit card1, and for which we'll waive the account fees if the balance of all your Suncorp Bank personal deposits accounts together exceeds $20,000. Interest is calculated daily, and paid monthly.
Apply in Branch
Ways to access your Cash Management Account
Choose a Visa Debit card1 and access your own money in more places, like when you’re shopping online or travelling overseas.
How to apply
Rates and Fees
Fees at a glance
|Monthly account keeping fee|
(waived in months when the total balance in your Suncorp Bank Personal Deposit Accounts and term deposits is greater than $20,000)
|All Suncorp Bank Transactions||Free|
|Using other banks' ATMs||ATM Operator Fee3|
|Electronic transfers to other banks||Free|
|Bank cheque purchase||$8.00|
We want to teach you how to save on fees. Learn more about fees and how to avoid them.
You're eligible for an account keeping fee waiver if:
You've got at least $20, 000 in deposits across any of our Personal Deposits Accounts and Term Deposits (called a "relationsip waiver"); or
You're impaired in some way that restricts you from accessing our banking facilities (an "accessibility waiver".)
What is 'tiered interest'?
Put simply, the rate at which you accrue interest is directly proportionate to how much you have in your Cash Management account.
|Minimum Balance||Annual Interest Rate|
|$500,000 plus||1.15% p.a.|
|$100,000- $499,999||0.75% p.a.|
|$50,000 - $99,999||0.25% p.a.|
|$20,000 - $49,999||0.15% p.a.|
|$5,000 - $19,999||0.10% p.a.|
|$0 - $4,999||0.01% p.a.|
Interest Rates Effective 5 August 2016.
Interest is calculated daily and paid monthly on a tiered basis.
Did you know? You can calculate how much interest you’ll earn with our Savings Calculator.
Things you should know
1. To be eligible for a Suncorp Bank Visa Debit card you must be over 16 and a permanent resident of Australia. If not eligible you will receive a Suncorp Bank eftpos card.
2. Rates are subject to change without notice.
3. Withdrawals and enquiries at other (“non Suncorp Bank”) ATMs will incur the ATM Operator fee by the Financial Institution who owns the ATM. This fee will be charged immediately at the time of the transaction to your account.
Banking Products issued by Suncorp Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722. Please read the Product Information Document before making any decisions regarding this product. Visit your nearest branch or call 13 11 75 for more information. Terms and Conditions apply and are available on request. Fees and charges may apply.