Aimed at those who manage their own superannuation fund, the BankVic SMSF Saver offers a high interest rate for the cash portion of your SMSF balance. Your balance will earn an ongoing, variable rate of 2.25% and there are no account keeping fees to pay.
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BankVic SMSF Saver
- Maximum variable rate
- 2.25% p.a.
- Base interest rate
- 2.25%p.a.
Our verdict
Put the cash portion of your super to work in a flexible savings account with a competitive rate of interest.
BankVic is a recognised financial institution, which ensures that funds of up to $250,000 are guaranteed as per the Australian Government Guarantee Scheme.
Pros
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Interest calculated daily and paid monthly
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Unlimited deposit
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Online access
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Not required to maintain a minimum balance
Cons
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Australian resident
Details
Key details
| Product Name | BankVic SMSF Saver |
| Maximum Variable Rate | 2.25% p.a. |
| Standard Variable Rate | 2.25% p.a. |
| Monthly Account Fee | $0 |
| Minimum Opening Deposit | $0 |
| Minimum Age | 18 |
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Alison Finder
Editor
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