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Member Rewards

Home / FAQ / Member Rewards Relationship Balance

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Your relationship balance is the sum of your savings, loans and investment accounts within your membership.

The Relationship Balance is calculated on the opening balance on the first day of each month.

Members who maintain a relationship balance of more than $3000 within their membership, will receive an increasing number of free transactions. (see table)

We reward you for being a long standing member (>15 years) with an additional 5 free transactions. While also looking after our younger members, under the age of 18 years, with a maximum of 30 free transactions per month.

When all free transactions have been exhausted the “Excess Transaction Fee” will apply. Unused free transactions are not carried forward to the next month.

Relationship Balance Number of Free Transactions Long Standing Members (> 15 years)
Free Transactions
$ 0 – $ 3,000 10 15
$ 3,001 – $ 5,000 12 17
$ 5,001 – $ 8,000 16 21
$ 8,001 – $20,000 20 25
$ 20,001 – $50,000 30 35
$ 50,001 – $80,000 40 45
Greater – $80,000 50 55

 

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