Body Corporate Bank Account
Manage your body corporate banking with confidence. Choose our Body Corporate Account or Body Corporate Special Account, with no monthly account keeping fees and People first service.
About this Rate
Rates
Heritage has two accounts specifically designed for individual body corporate organisations and body corporate managers:
- Body Corporate Account – an interest earning account; and
- Body Corporate Special Account – earns no interest.
Both accounts function in the same way, except that one earns interest and one does not. The Body Corporate Special Account has been developed in response to body corporate groups and managers not wanting the account to earn interest for tax reasons.
$0Monthly Account Keeping Fee^ |
$0Transaction Fees^ |
The following interest rates apply to the Body Corporate Account and are on a per annum (p.a.) basis.
|
||
|---|---|---|
| Interest Rate | ||
| working rate | ||
| Term Rates (in addition to working rate): | ||
| $1 to $9,999 | ||
| $10,000 to $49,999 | ||
| $50,000 to $249,999 | ||
| $250,000 to $499,999 | ||
| $500,000 or more | ||
| Tiered interest rates apply to body corporate account only and are calculated on daily balances and paid 3 monthly on the anniversary date. Term rates available only on funds remaining in account for 3 months minimum. | ||
Owner - Occupied
Investment
Interest Rate
0.01%
Interest Rate
Interest Rate
0.01%
Interest Rate
0.01%
Interest Rate
0.01%
Interest Rate
3.45%
Interest Rate
3.45%
Rates Effective From 07/02/2024
Research tools
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