Regular income investments

It doesn’t take long for the truth to hit home: bills don’t stop arriving when you stop working.

It’s what inspired us to develop the B&E Regular Income Investment Account. You’ll find it’s a great way to make the most of your retirement income.

All you need is $5,000 or more, and be ready to invest it for a fixed term of one or two years. What you’ll love is that you’ll then start receiving interest payments every month. It can be paid to you by cheque, or if you prefer, it can be credited directly to your B&E savings account each month.

And there’s another great advantage to the Regular Income Investment Account ... you can easily add to your investment at any time, with further deposits of $1,000 or more.

Please note: We don’t normally permit any withdrawals during the term of your investment. However, let us know about any special circumstances – and we’ll give consideration to an early withdrawal. But you should take note that any such withdrawal will attract a reduced interest rate.

Features

• Either 12 or 24 month term
• Competitive interest rates
• Interest calculated on daily balance
• Interest paid monthly
• Account information available 24/7 by internet, mobile phone and telephone banking
• Renewal notices sent to you 10 - 14 days prior to the end of the term

Requirements

• Minimum deposit of $5,000 required
• Minimum account balance of $1,000 must be maintained
• Withdrawals permitted only on maturity

How to apply

To open a B&E Regular Income Investment account apply online*, call into your local branch, or phone us on 1300 306 716.