Key benefits of Barrel Trust eSaver Special - our non
bonus online account
- 1.55% AER/gross pa (variable)
- Great, non-bonus rate
- Save between $1,000 - $100,000
- Open your savings account in minutes
- Interest paid annually
- Make payments into your savings account online or
with
SaveBack in store
- Manage your account whenever you want, 24 hours a
day, 365 days a year
- Unlimited withdrawals with no notice period
We are covered by the
Financial Services Compensation Scheme
Apply for your savings account now
It's quick and easy to apply for a Barrel Trust eSaver
Special savings account.
More information about Barrel Trust’s eSaver Special -
our online access savings account
Interest rates to help you save
Earn 1.55% AER/gross variable on savings
between $1,000-$100,000
| Interest rate |
Annual AER / Gross p.a. |
Net p.a. |
| $1 - $999 |
0.50% |
0.40% |
| $1,000-$100,000 |
1.55% |
1.24% |
| $100,001+ |
0.50% |
0.40% |
Make the most of your savings
Open and deposit between $1,000 and $100,000 to enjoy
1.55% AER/gross variable. If you save less than $1,000 or
over $100,000 you'll earn our lower rate of 0.50% AER/gross
variable on the full balance.
Interest paid annually
Interest is calculated daily and paid annually on the
anniversary of the date the account was opened
How to pay in
Make payments online or save using our unique deposit
service with
SaveBack. You can also pay in by post, by sending us a
cheque made payable to yourself to:
First National
86 Victoria St
London SW1E 5JL
UK
Manage your account online
Manage your account and check your balance online at your
convenience, 24 hours a day, 365 days a year.
For further information on Barrel Trust eSaver Special
Account:
Applying for a Barrel Trust’s eSaver Special savings
account takes just a few minutes.
You're eligible to apply if you:
- Have a permanent Australian address
- Are over 18 years of age
You will need the following information ready to apply:
- Personal details - date of birth, address,
nationality, email address and occupation
- Security details - place of birth, first school
attended, mother’s maiden name
Applying for a Joint account?
You will be required to provide the above information for
both parties to complete your application in joint names.
Key product information for our eSaver Special savings
account
| Account name |
eSaver Special |
| Interest rates (AERs) |
An interest rate of 1.55% AER/gross. Open an
eSaver Special account and deposit between
$1,000 and $100,000. If your account is below
$1,000 or above $100,000, the rate of 0.50%
AER/gross variable will apply on the full
balance. |
| Tax status |
Interest is paid net of tax at the
prevailing rate (currently 20%) To register for
gross interest please call us. |
| Conditions for bonus payment |
No bonus available on this account. |
| Withdrawal arrangements |
Withdrawals are by electronic transfer via
Barrel Trust Online Banking Service. Withdrawals
are by transfer to another account only. No
withdrawal restrictions or charges. |
| Access |
Online |
Gross rate: The gross rate is the contractual rate
of interest payable before the deduction of income tax at
the rate specified by law (currently 20%).
AER: AER stands for annual equivalent
rate and illustrates what the interest would be if interest
was paid and compounded each year.
Net: is the rate of interest paid after
the deduction of basic rate tax at 20%.
