How are flexiRate interest rates set?

flexiRates allow you to lock away a portion (from $1 to $1 million dollars inclusive) of your savings within your account at a higher interest rate for up to 12 months on your Everyday Options Main and Sub-Accounts, Carbon Insights Main and Sub-Accounts, Business Premium Account and Business Saver Account as well as for existing eOptions and 55 Plus Accounts. flexiRates’ interest rates are fixed for the period you’ve nominated them for. You can see your current flexiRates on your account statement, along with your balances and interest rates.

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