Am I eligible for an Edvest Cash Management Account?

To open an Edvest Cash Management Account, you must be 50+ and a member of the Bank.

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What additional benefits do Edvest members receive?

Edvest members receive:

• An additional 0.05% p.a. on Term Deposits³
• One free safe custody package per year to store your important documents like Wills and title deeds (at selected branches)⁶.
• Access to Edvest News, a quarterly newsletter containing market news and updates and lifestyle, travel, and money.

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Does the Edvest Cash Management Account have any fees?

The Edvest Cash Management Account has an annual membership fee of $30. There are no monthly account-keeping fees.

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Are my savings safe in an Edvest Cash Management account?

Yes. Your deposits are protected under the Australian Government Financial Claims Scheme, up to $250,000 for each account holder at the Bank. For more information read our Financial Claims Scheme FAQ.

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