flexiRates: higher interest rates on Savings
flexiRates allow you to set aside a portion of your savings in eligible accounts^ for a nominated period, have it earn a little extra interest, and help you reach your savings goals quicker.
Why choose flexiRates?
No minimum balance required
You can set up flexiRates for specified amounts from $1 to $1 million dollars inclusive.
Early release option
No admin fee is charged if you need to withdraw all of the funds before the end of your nominated period. An interest adjustment will apply.
Choose a period that suits you
You can apply flexiRates with terms from 1 to 12 months, depending on your budgeting and savings needs.
Freedom to set up and manage yourself
You can setup a flexiRate in under a minute on eligible accounts and view your balances at any time in the Suncorp Bank App or Internet Banking.
Reduce the temptation to spend
Set aside a portion of your money to save for something special.
How do flexiRates work?
If you have more money in your account than you’ll need for your short-term expenses, you can set aside a portion of it at a higher fixed interest rate than the unlocked portion.
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Interest rates
Things you should know
It may be necessary to vary the terms of your product to convert it to a different replacement product. This means you may end up with a product that has different terms and features from those you initially applied for. In any event, Suncorp Bank will give you more information about these changes before they take effect. You may also wish to consider applying for other products instead. If you have any questions, please contact us on 13 11 75.
Home Loan, Personal and Business Banking products are issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882) to approved applicants only. Eligibility criteria, conditions, fees and charges apply and are available on request. Please read the relevant Product Information Document and terms and conditions before making any decisions about whether to acquire a product.
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