What interest rate do I receive from my On Call account?
Your On Call account is where new funds and repaying funds are transferred in and out of within the SCP Investment Portal.
Any funds that are held in this account earn interest calculated daily and paid out to your nominated bank account on the first working day of the month following (interest is unable to be held in the On-Call account).
The interest rate will be based on a percentage of the current Official Cash Rate (OCR) and will fluctuate accordingly. The latest rate can be found in the On Call account section of your Investor Portal
Resident Withholding Tax (RWT) is deducted from the gross interest earned and calculated at your current nominated tax rate.