Notice Account

There are no entry or account fees. The offered rates you see are after the deduction of all fund costs and management fees.

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In the rare event an early withdrawal is approved a fee will apply in accordance with the PDS.

Earnr Notice Accounts are designed to be flexible and reward you for planning ahead with higher rates.

You can transfer funds out of a Notice Account to another Earnr Account, for any amount.

The withdrawal will take place 30 days or 90 days after it is entered in the Earnr App or Online, depending on the account type you have chosen.

For further information visit our support page.

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Generally if your funds arrive at Earnr before 2pm Sydney time, they'll be cleared and you'll start earning interest that day.

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If they appear after 2pm, you'll start earning interest the next business day.

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Interest accrues daily and is paid monthly on Notice Accounts.

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To find out more about Notice Accounts, book a call with specialist here.

Earnr has been built specifically for savers. We use decades of banking experience and our 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.

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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.

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