This account is a mix between a savings account and a transaction account, for those who can't quite decide which is the best fit for their saving / spending style. It offers interest on your balance, without penalising you for accessing your money. There are no account keeping fees.
Hume Bank Professional Cash Management Account
- Maximum variable rate
- 0.01% p.a.
- Base interest rate
- 0.01%p.a.
- Minimum deposit
- $0
Our verdict
A savings account for big balances that lets you access your cash anywhere, anytime.
This account offers the best of both worlds, it pays interest on your balance like a savings account, and offers easy access to your money like you would expect from an everyday transaction account.
Pros
-
No account keeping fees
-
Access funds anytime
-
Free Visa Debit Card with PayWave
Cons
-
Minimum opening balance $1
Details
Key details
Product Name | Hume Bank Professional Cash Management Account |
Maximum Variable Rate | 0.01% p.a. |
Standard Variable Rate | 0.01% p.a. |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $1 |
Minimum Age | 18 |
Key features
No account keeping fees with free Visa Debit Card with payWave.
You receive four free electronic transactions each month including EFTPOS transactions. After this, transaction fees apply.
How to apply
If you're already a member of Hume Bank you can apply online for this account. If you are not a member, you will need to visit a local branch with ID such as a drivers licence or passport in order to apply for this account.
Your reviews
Alison Finder
Editor
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