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The interest rate on LLL Savings Accounts is currently 0.25%* per annum.

The LLL offers a variable interest rate, which (unlike some banks) is not affected if you withdraw funds.

All funds in LLL savings accounts are at-call, meaning you can withdraw money without giving any notice. In addition, LLL Savings Accounts have no fees or charges – at all!

Interest is calculated on daily balances with most accounts credited annually on 31 May. Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.  

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LLL Savings Accounts provide substantial benefits to the mission of the Lutheran Church of Australia (LCA). Account holders may also elect to provide an additional benefit to the LCA by making their account non-interest-bearing.

*LLL interest rates are subject to change without notice.