The Relationship Balance is calculated on the opening balance on the first day of each month.
Members who maintain a relationship balance of more than $3000 within their membership, will receive an increasing number of free transactions. (see table)
We reward you for being a long-standing member (>15 years) with an additional 5 free transactions. While also looking after our younger members, under the age of 18 years, with a maximum of 30 free transactions per month.
When all free transactions have been exhausted the “Excess Transaction Fee” will apply. Unused free transactions are not carried forward to the next month.
Relationship Balance
|
Number of Free Transactions |
Long Standing Members (> 15 years)
|
|
$0 – $3,000 |
10 |
15 |
|
$3,001 - $5,000 |
12 |
17 |
|
$5,001 - $8,000 |
16 |
21 |
|
$8,001 - $20,000 |
20 |
25 |
|
$20,001 - $50,000 |
30 |
35 |
|
$50,001 - $80,000 |
40 |
45 |
|
$80,001 and greater |
50 |
55 |
