Investment Accounts

We have a variety of accounts available to suit different clients, but one of our greatest strengths is our flexibility. If you can't see an account with the features you are looking for then please give us a call, e-mail us or respond using our online form. We would appreciate the opportunity to provide you with an account that meets your needs!

Use these links to quickly jump to the account that interests you.

Already have an account? Download a funds lodgement form or a withdrawal form.

Phone/Email Password:

A Phone/Email Password is optional, but is used as a security measure to help us identify an authorised signatory who is eligible to transact business by telephone and/or email instruction.

If a Phone/Email Password is not set up or cannot be quoted in a phone call or email message, our staff will NOT be able to process your transaction, and instructions will need to be given in writing in accordance with the authority held for your account.

Use this Phone/Email Password Form to set up or change your account Phone/Email Password.

BIFOnline Internet Account Access:

Access any or all of your accounts online at any time through BIFOnline - our internet account access service. Download our BIFOnline Application Package, send the Application to a BIF State Office and register NOW!

Term Investments:

Our term investments can be placed for varying periods of time and feature some very attractive interest rates for investments up to $100,000 or more. With rates ranging from 6.30% pa to 8.55% pa on term investments lodged for periods of 3 months to 36 months we're sure you'll agree our term investments are very competitive. Interest is calculated daily to ensure your money is working hard for you.

For our terms and conditions or for more information please contact us or download an Account Application form.

Current interest rates | Download an Account Application form

Savings Account At Call:

Our savings accounts at Call are ideal for accessing money on any business day. Not only do you receive an attractive rate of interest, but you also get the satisfaction of knowing you are supporting and assisting Baptist ministries!

Savings Account at Call interest rates start at 4.10% and reach as high as 6.50% for accounts with larger balances. Best of all, interest is calculated daily and paid monthly, improving your returns. A Westpac deposit book for paying directly into your account through any Westpac branch is provided for your savings account.

If you would like to find out more then please contact us or download an Account Application form.

Current interest rates | Download an Account Application form

Hi Savings Online Account At Call:

Our Hi Savings Online accounts at call offer very competitive interest rates up to 7.10% pa for personal investors only who need funds to be available at call. This account is only available by using our BIFOnline internet account access service.

Like all our savings accounts, interest is calculated daily and paid monthly.

Available to personal investors only.

If you would like to find out more then please contact us or download an Account Application form.

Current interest rates | Download an Account Application form

Business Savings Online Account At Call:

Our Business Savings Online accounts at call offer very competitive interest rates up to 7.10% pa for Church & other business investors who need funds to be available at call. This account is only available by using our BIFOnline internet account access service.

Like all our savings accounts, interest is calculated daily and paid monthly.

Available to Church & other business investors only.

If you would like to find out more then please contact us or download an Account Application form.

Current interest rates | Download an Account Application form

BIF Cheq Account:

Our BIF Cheq accounts are only available to Baptist Churches, Baptist denominational entities and Trusts benefiting Baptist work. They provide the benefit of our savings account as well as the added freedom of being able to write cheques straight from the account. The account can be operated through any Westpac Bank branch.

Cheque account interest rates range from 4.10% right up to 6.10% for larger account balances. As with our savings accounts, interest is calculated daily and paid monthly to maximise your returns.

We act as Agent for Indue Limited, an Approved Deposit Taking Institution, and can provide an induemoney Cheq Account for individuals 18 years and over and to any Non-Baptist Church, Incorporated Entity, Trust, Superannuation Fund, Non Profit or Other Business Entity. See our Product Disclosure Statement (PDS) for more details or download an Account Application Form from the induemoney website.

If you would like more information or would like to apply for a BIF Cheq account then please contact us or download an Account Application Form below.

Current interest rates | Download an Account Application form

Pensioner Deeming Account At Call:

If you are an Australian Government Pensioner/Allowee or a retiree aged 55 years and over and would like your investment to reflect the Centrelink deeming provisions, you should consider our pensioner deeming account. Our base interest rates are 4.00% and 6.00% depending on account balance and can be adjusted according to your needs.

Exemption from the Centrelink income deeming arrangements for interest free investments or investments below the Centrelink deeming rates may be available. Deeming exemption means that the actual rate of interest will be used by Centrelink when calculating benefit entitlements. Please contact us for more details.

Current interest rates | Download an Account Application Form

Funeral Savings Account:

Our Funeral Savings accounts offer an interest rate of 6.25% pa for individual investors who would like to put funds aside specifically for their funeral expenses.

Interest is calculated daily and credited to the account monthly.

If you would like to find out more then please contact us or download an Account Application form.

Current interest rates | Download an Account Application Form

Development Fund Savings Account At Call:

These accounts are treated by Centrelink as *Deeming Exempt & are available for recipients of Centrelink pensions. Investments to the BIF Development Fund provide the opportunity for you to assist us in the development of new Churches and ministry projects in NSW/ACT, VIC, TAS, SA/NT & WA.

*DEEMING EXEMPT means that Centrelink will apply the ACTUAL income you are receiving on your investment when calculating pension entitlements rather than using their `deeming rate' of interest.

If you would like to find out more then please contact us or download an Account Application Form.

Current interest rates | Download an Account Aplication Form

Account and Service Fees

Our Account and Service Fees are designed to recover the costs incurred for specific transactions and services required by some clients, including circumstances where incorrect information is provided or a transaction is dishonoured.

Details of our current Account and Service Fees can be found at Account and Service Fees.

Your investments help support the work of our churches, schools, camp sites and other ministries.

For more information please contact us.