Monthly Service Fees do not apply to Special Purpose Saving Accounts.
The banking relationship benefits as detailed on page two are applicable for all your account types.
The following table details account access and transaction limits. Direct debits are not permitted on these accounts.
On-Line Saver Account (S70) |
iSaver (S80) |
Superfund Maximiser Account (S75) |
Access Saver Account (S60) |
Mortgage Offset Account (S10) |
24 hour unlimited access via *internet or telephone banking only |
24 hour unlimited access via *internet banking only |
24 hour unlimited access via *internet or telephone banking only |
24 Hours notice of withdrawal is required |
24 hour unlimited access via *internet or telephone banking only |
Over the counter staff assisted transactions will incur a $10.00 fee charged at the time of transaction |
Over the counter staff assisted transactions will incur a $10.00 fee charged at the time of transaction |
Over the counter staff assisted transactions will incur a $10.00 fee charged at the time of the transaction |
Approved withdrawal requests without notice will incur a $10.00 staff assisted transaction fee charged at the time of transaction. |
Minimum balance to open $250 |
A linked Geelong Bank transaction account is required |
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Transaction fees are not payable on this account |
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* Internet Banking External Funds Transfer (EFT) - limit of $2,500 applicable – please email info@geelongbank.com.au during business hours for temporary increases.
The following table explains the number of cash, cheque withdrawals or debit transfers permitted on the S55, S2, S6, S7 and S9 accounts per month and the cost of any subsequent transactions.
Achieve Saver Account (S55) |
Christmas Club Account (S2) |
Insurance / Budget Accounts (*S6, S7 and *S9)
*S6 and *S9 no longer available
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One Free transaction per month as follows: |
One Free transaction is permitted between the 27th December and the third Monday in November of the next year as follows: |
One Free transaction per month as follows: |
One Free cash withdrawal OR One Free cheque withdrawal OR One Free internal phone banking transfer OR One Free internal debit transfer |
One Free cash withdrawal OR One Free cheque withdrawal OR One Free internal transfer |
One Free cash withdrawal OR One Free cheque withdrawal OR One Free internal debit transfer |
All Subsequent access during this time will attract a fee of $2.00 each time and charged on the last day of the month. |
All Subsequent staff assisted transactions will incur a fee of $10.00. The fee will be charged at the time of withdrawal. At all other times the funds are at call. |
Approval of additional withdrawals will attract a fee of $2.00 each time and charged on the last day of the month.
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* S9 no longer available.