Central West Credit Union S10 Cash Management Account
No conditions on the rate
The Cash Management Account is tiered interest structure encourages you to save more, and reach your financial goals sooner.
- Base rate up to
- 2.10%
- Introductory rate
- None
- Maximum balance
- None published
Rate a year, up to
Rates by balance
| Balance | Base rate |
|---|---|
| $0 to $5,000 | 1.25% |
| $5,000 to $10,000 | 1.30% |
| $10,000 to $25,000 | 1.40% |
| $25,000 to $50,000 | 1.50% |
| $50,000 and over | 2.10% |
Who can open it
- Age to open
- Any
- Maximum balance
- None published
Who it's for
- Minimum age 18 applies if applying for a overdraft.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
2.10%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
2.10%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- A lower rate. Up to 2.10%, below the typical 3.65%, so your savings grow more slowly than in many other accounts.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 2.10%
- Bonus conditions
- None
- Most it pays
- 2.10%
- Bonus conditions
- None
- Most it pays
- 2.15%
- Bonus conditions
- None
