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0.50% pa
for balances over $200

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A funeral savings plan will give you a sense of security that all or part of your funeral expenses will be covered in the event of your death, easing the financial pressure on your loved ones.

  • No account keeping fees
  • Interest calculated daily and paid monthly
  • $200 initial deposit required
  • Minimum monthly deposit of $25
  • Only access funds for funeral-related expenses (a 7-day written notice required to withdraw money for other purposes)
  • A higher interest rate applies if balance is $200 or more

 

 


 

  Funeral Saver Account Features:
Funeral Savings Account
Interest Rates
Minimum Rate0.50% pa
Maximum rate0.50% pa
Fees
Monthly fee$0 
Features
Minimum amount$0 
Funds availableLimited access, branch assisted withdrawals 
Cheque bookNo 
ATM/EFTPOS accessNo 
Online & Phone BankingYes 
Direct Entry (Credit/Debit)Credits only1
Interest incomeInterest is calculated on daily balances and credited monthly 
Debit cardNo 
Branch accessYes 
BPAY®No 
OverdraftNo 
Periodic paymentsNo 

  Additional Product Information:

 

Things you should know:

Gateway reserves the right to vary these interest rates at any time. Fees and charges, terms and conditions apply. Please view our Gateway Deposit Accounts & Access Facilities General Conditions of Use, Summary of Deposit Accounts & Availability of Access Facilities and General Fees, Charges and Transaction Limits brochures.

1 A daily transaction limit of $5000 applies for transactions on Online Banking / Gateway 2go™. Must be registered for Secure SMS in order to transfer funds externally. Refer to the Online Banking and Gateway 2goTM pages for more information.