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Money Manager

Interest is calculated daily and credited every month with your money available at-call.

Money Manager

Money Manager Investment Account

A Money Manager account earns a higher rate for investments over $5,000. Interest is calculated daily and credited back to the account every month.

Unlike a term deposit, you have the convenience of having your money available at call.

Contact your nearest WAW Customer Service Centre or our WAW Contact Centre on 1300 368 555 to find out how to have a WAW Money Manager account working for you.

  • Competitive interest rates
  • Funds available at call
  • Direct crediting (for payroll credits) and regular transfers to account available
  • BPAY Facilities
  • Transaction Record Book (completed by customer) and statement facilities available
  • WAW Phone Banking and WAW Internet Banking service available 24 hours
  • Cash withdrawals up to $3,000 per day per customer including electronic funds transactions.
$1 to $19,999.99   0.05%
*$20,000 to $49,999.99   0.10%
*$50,000 to $99,999.99   0.55%
*$100,000 and over   1.00%

* Interest paid on full account balance. Minimum account balance of $5,000 required. Rates correct at time of publication but are subject to change without notice.

Download our Deposit Interest Rate Schedule here

Transaction type   Cost
Personal Cheque Processing  

Per cheque


Over-the-Counter Deposits    
  S21 eAccess A/c $0.75
  S3 Business A/c first 2 in any month free, then $0.75
  All other Accounts Nil
Over-the-Counter Cash Withdrawals S21 eAccess A/c   $2.00
  All other accounts first 3 in any month free, then $2.00
Direct Debits Per Transaction $0.40
BPAY Per Transaction $0.40
WAW Internet Banking All transactions (excluding BPAY) Nil
WAW Phone Banking All transactions (excluding BPAY) Nil
VISA Card Usage Fees and charges are calculated on the combined transaction total in any month per membership using VISA Card
Eftpos transactions First 2 transactions in any month Nil
  Subsequent transactions in any month $0.60
rediATM transactions First 3 transactions in any month Nil
  Subsequent transactions in any month $1.00
  Enquiry / Decline $0.60
Non-rediATM Transactions Withdrawals $0.20
  Declined Transactions $0.60
NOTE: Non- rediATM transactions may also attract direct charges levied by the owner of the ATM.

Download our Transaction Fees and Charges Schedule here

How To Apply

If you are interested in opening this type of investment account please fill out our online enquiry form and one of dedicated staff will contact you so we can further the application process. We will need your name, contact details and the product you are interested in taking out, we can help you do the rest. 

Alternatively, you can contact us on 1300 368 555 and ask to speak to a term investment specialist.

Enquire Now