Nominal rate per annum (NACM): This is the annualised interest rate that you will earn daily and is capitalised monthly. This rate does not take into account the compounding interest effect.
Annual Effective Interest rate: Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn.
| Rate | Period | Nominal Interest Rate | Annual Effective Rate |
|---|---|---|---|
| (per annum) | |||
| Standard | 13 months | 4.20% | 4.28% |
| Seniors | 13 months | 4.85% | 4.96% |
