Everything on this page is taken from SBS Bank's own published pages. Nobody there has reviewed or supplied it, and we are not them.
We hold figures for 3 of their products, each with the date it was read. If one is out of date, the page it came from is linked beside it.
Products we track
Everyday accounts
1 productLite
No monthly account fee · None
FeeNo monthly account feeTxnsNo electronic fee, $4 counterInterestNoneOverseas2.00% on Debit MastercardSource Conditions
- Unlimited EFTPOS, internet banking, direct debits and ATM withdrawals are free; an over-the-counter withdrawal or transfer in branch is $4.
- The 2.00% is a 1.30% Mastercard International Transaction fee plus a 0.70% SBS Foreign Currency Transaction fee.
- SBS state outright the account does not pay interest on credit balances, which is a published nil rather than an absence.
- A second SBS transactional account, Classic, is also open; the table carries the general-purpose Lite account.
Checked 17 September 2026
SourceSavings accounts
1 producti-Save
0.60% p.a. on every dollar · Not published
Base rate0.60% p.a. on every dollarBonus rateNone.Bonus conditionsNone.TotalNot publishedNoticeNo card access or direct debitsFeesNo monthly fees; branch withdrawal $4
Conditions
- SBS's rates page states the i-Save rate is valid from 15 July 2026.
- Interest is calculated daily and paid monthly.
- SBS pays one rate on every dollar, with no deposit or no-withdrawal condition.
- Transfers out are made through online banking.
Term deposits
1 productTerm Investment
3.55% p.a. · 4.50% p.a.
3 mo3.00% p.a.6 mo3.55% p.a.9 mo3.70% p.a.12 mo4.50% p.a.18 mo4.20% p.a.24 mo4.35% p.a.5 yrnot-published
Conditions
- Minimum deposit: $1,000. Maximum $5,000,000.
- Interest paid: Interest is paid monthly, quarterly or at maturity.
- Early withdrawal: Allowed at SBS's discretion; a break fee of 1.5% p.a. of the amount withdrawn applies, with a minimum fee of $25.Source
- SBS's published term rates are for Redeemable Share Investments, as the rates page states, not for an unsecured term deposit.
- SBS publishes no 5-year term. Its longest is 36 months at 4.50% p.a., so the 5-year cell is not-published.
- The 12-month rate is advertised as available for a limited time only; it is the same figure as the 12-month row in the standard rates table.
- Rates current as at 12:00 AM, Wednesday 7 October 2026, as the page states.
SourceEvery figure on this page was read from SBS Bank's own published pages. We are not SBS Bank and this page is not theirs.