Everyday Account
A simple account for your savings with easy access to your money.
5.85%
p.a^
current variable rate on first tier
Everyday Account
Our everyday account is linked to your other Earnr accounts and your existing bank account, and gives you quick access to funds. This low risk account invests in major Australian bank deposits and secured loans.
Get started from $1,000 and enjoy monthly interest payments.
Speak to an Earnr Specialist
Features
Quick access to funds
Transfers to your linked bank account are processed same day if made before 2pm (Sydney time).
Monthly interest
Interest is paid monthly on the last day of the month into the account.
Easy to manage
View and manage 24/7 online or in the Earnr app.
No account fees
No application, account keeping, or transfer fees.
Rates
See our PDS and Common Questions for more information. Please note Earnr is not a bank deposit. Past performance is not a reliable indicator of future performance and distribution payments are not guaranteed.
Open an account in 3-5 minutes
Open an account online
Keep track and manage with ease
Online and App
Monitor all your Earn accounts alongside other accounts in Earnr Online or via the Earnr App.
Add funds at any time
Top up your account at any time and start earning quickly.
Transfer funds easily
Transfer funds to your linked bank account or to another Earnr account in seconds.
See interest grow daily
View your interest earned daily, and access monthly and annual statements.
Earnr Everyday gives me a great return, and I love the day-to-day flexibility.
Common questions
There are no entry or account fees. The offered rates you see are after the deduction of all fund costs and management fees.
In the rare event an early withdrawal is approved a fee will apply in accordance with the PDS.
The Earnr Everyday Account gives you quick access to funds, and you can easily make withdrawals to your linked bank account.
If you make a withdrawal before 2pm Sydney time on a business day, your funds will generally be available in your bank account that evening.
For withdrawals made after 2pm Sydney, the withdrawal will be processed on the following business day.
To learn more about withdrawals from Earnr, click here.
Generally if your funds arrive at Earnr before 2pm Sydney time, they'll be cleared and you'll start earning interest that day.
If they appear after 2pm, you'll start earning interest the next business day.
Interest accrues daily and is paid monthly on Everyday Accounts.
Earnr has been built specifically for savers. We use decades of banking experience and networks to find risk-return anomalies in credit markets, for the benefit of our members.
We generate higher returns through:
1. Access to institutional deposit rates with major Australian Banks.
2. Superior returns on secured loans - Earnr's loan portfolio is handpicked to generate a higher return compared to a standard bank home loan mortgage book, whilst being low risk.
To learn more about our approach, click here.
Earnr is ASIC regulated and independently audited, and your investments are held on trust by Sandhurst Trustees – an independent custodian, and Bendigo and Adelaide Bank subsidiary – separate from Earnr.
If anything happens to Earnr or the responsible entity, the custodian acts in members’ best interests to manage or sell assets and return funds.
Like all investments, there is a risk Earnr may not perform as expected which could result in the loss of capital or income to our members.
We mitigate risk by:
- Maintaining an allocation of ~20% cash held with Australian banks
- Maintaining allocation to secured loans only with a target loan to valuation ratio of 55-60%
- Maintaining a target weighted loan tenor of 9-12 months to reduce exposure to property market fluctuations
We publish a monthly beneficial Security Coverage Ratio, which is currently 2.30x the amount of members funds.
To help illustrate how this benefits our members, for every $100m in member funds, Earnr has an interest in $230m of cash and secured Australian property.
Please review the PDS for more information.
We are here to help
Book a call
Book a call with an Earnr product specialist at a convenient time.
1300 332 062
Call our Australian based team between 9am and 5pm (Sydney time) on weekdays.
Chat with us online
Speak to us on live chat between 9am and 5pm (Sydney time) on weekdays.
Features
Quick access to funds
Transfers to your linked bank account are processed same day if made before 2pm (Sydney time).
Monthly interest
Interest is paid monthly on the last day of the month into the account.
Easy to manage
View and manage 24/7 online or in the Earnr app.
No account fees
No application, account keeping, or transfer fees.
Rates
See our PDS and Common Questions for more information. Please note Earnr is not a bank deposit. Past performance is not a reliable indicator of future performance and distribution payments are not guaranteed.
Open an account
in 3-5 minutes
Keep track and manage with ease
Online and App
Monitor all your Earn accounts alongside other accounts in Earnr Online or via the Earnr App.
Add funds at any time
Top up your account at any time and start earning quickly.
Transfer funds easily
Transfer funds to your linked bank account or to another Earnr account in seconds.
See interest grow daily
View your interest earned daily, and access monthly and annual statements.
Common questions
There are no entry or account fees. The offered rates you see are after the deduction of all fund costs and management fees.
In the rare event an early withdrawal is approved a fee will apply in accordance with the PDS.
The Earnr Everyday Account gives you quick access to funds, and you can easily make withdrawals to your linked bank account.
If you make a withdrawal before 2pm Sydney time on a business day, your funds will generally be available in your bank account that evening.
For withdrawals made after 2pm Sydney, the withdrawal will be processed on the following business day.
To learn more about withdrawals from Earnr, click here.
Generally if your funds arrive at Earnr before 2pm Sydney time, they'll be cleared and you'll start earning interest that day.
If they appear after 2pm, you'll start earning interest the next business day.
Interest accrues daily and is paid monthly on Everyday Accounts.
Earnr has been built specifically for savers. We use decades of banking experience and networks to find risk-return anomalies in credit markets, for the benefit of our members.
We generate higher returns through:
1. Access to institutional deposit rates with major Australian Banks.
2. Superior returns on secured loans - Earnr's loan portfolio is handpicked to generate a higher return compared to a standard bank home loan mortgage book, whilst being low risk.
To learn more about our approach, click here.
Earnr is ASIC regulated and independently audited, and your investments are held on trust by Sandhurst Trustees – an independent custodian, and Bendigo and Adelaide Bank subsidiary – separate from Earnr.
If anything happens to Earnr or the responsible entity, the custodian acts in members’ best interests to manage or sell assets and return funds.
Like all investments, there is a risk Earnr may not perform as expected which could result in the loss of capital or income to our members.
We mitigate risk by:
- Maintaining an allocation of ~20% cash held with Australian banks
- Maintaining allocation to secured loans only with a target loan to valuation ratio of 55-60%
- Maintaining a target weighted loan tenor of 9-12 months to reduce exposure to property market fluctuations
We publish a monthly beneficial Security Coverage Ratio, which is currently 2.30x the amount of members funds.
To help illustrate how this benefits our members, for every $100m in member funds, Earnr has an interest in $230m of cash and secured Australian property.
Please review the PDS for more information.
Earnr Everyday gives me a great return, and I love the day-to-day flexibility.
We are here to help
Book a call
Book a call with an Earnr product specialist at a convenient time.
1300 332 062
Call our Australian based team between 9am and 5pm (Sydney time) on weekdays.
Chat with us online
Speak to us on live chat between 9am and 5pm (Sydney time) on weekdays.
