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Cash Account Interest Rate - as at 1 July 2021

0.05% p.a.^

The JBWere Cash Account Interest Rate has decreased to 0.05% p.a.

The reduced rate is effective 1 July 2021.

^This interest rate is payable net of management costs (which vary up to 0.70% pa) and may vary depending on a range of factors, including (but not limited to) changes in the cash rate target determined by the Reserve Bank of Australia.

Historical cash account interest rates

Rate Date effective Comments
0.11% p.a. 4 November 2020

Following the reduction of the RBA cash rate, the JBWere Cash Account interest rate will decrease to 0.11% p.a.

This reduced rate is effective 4 November 2020.

0.16% p.a. 20 March 2020

Following the reduction of the RBA cash rate by 25bps, the JBWere Cash Account interest rate will also decrease by 25bps from 0.41% p.a. to 0.16% p.a.

The reduced rate is effective 20 March 2020.

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