Premium Saver

This Legacy Account is great for those who want higher interest.

  • More flexibility than many ‘internet-only’ accounts.
  • Funds are Legacy Accounts earning premium interest rate
  • This account is for those investors who wish to receive a better interest rate but who do not wish to use the account as an everyday access account.
  • There is no minimum balance, and the interest rate (paid on the whole balance) increases as your balance increases.
  • There is unlimited internet access to your account.
  • There is a maximum of one withdrawal OVER THE COUNTER per month, which can be cash (maximum $1,000) or a cheque (no fee for this). There is no limit on the number of internet debit transfers you make, or other electronic debits such as direct debits.
  • You may make one deposit per month OVER THE COUNTER; you can have unlimited electronic credits to the account over the internet, or by regular direct debit which we can set up for you at no cost.
  • As with our other savings and investment accounts interest accrues on the daily balance and is paid 31 January and 31 July.
  • No Fees or Charges.

 

See Also …

Savings Investment Account

Everyday passbook savings account. No Fees or Charges.

Christmas Club

The easy way to save for that busy and costly time of year. No Fees and a great interest rate.

Monthly Income Savings

Savings account paying interest to you each month, with no fees.

Rainbow Club Passbook account for school children

Rainbow Club is investment for primary school children around our Diocese. There are no fees on the passbook account and the school receives 30c commission for each and every investment.

Interest Rates

DISCLOSURE STATEMENT

The Armidale Diocesan Investment Group (ADIG) is not prudentially supervised by the Australian Prudential Regulation Authority nor has it been examined or approved by the Australian Securities and Investments Commission. Therefore, an investor in ADIG will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959 (Cth). Investments in ADIG are intended to be a means for investors to support the charitable, religious and educational works of the Catholic Diocese of Armidale and for whom the consideration of profit are not of primary relevance in the investment decision. Furthermore, investors should be aware that neither ADIG nor the Trustees of the Roman Catholic Church for the Diocese of Armidale is subject to the normal requirements to have a disclosure statement or Product Disclosure Statement or be registered under the Corporations Act 2001 (Cth). CDPF Limited, a company established by the Australian Catholic Bishops Conference, has indemnified the Fund against any liability arising out of a claim by investors in the Fund.