Personal

Apply Now Setting up an automatic savings plan

A BCU Direct Saver Account is a great way to save.

To maximise your savings, you can go one step further and create your own automated savings plan by taking advantage of BCU’s free, unlimited periodical payments into your BCU Direct Saver account.

With a BCU periodical payment, money is automatically transferred on a regular basis from your nominated linked BCU transaction account into your BCU Direct Saver account, according to your instructions.

Then, all you have to do is sit back and watch your savings grow.

How do I create an automatic savings plan?

  • Decide how much you want to transfer into your BCU Direct Saver account from your linked BCU transaction account
  • Decide how often – weekly, fortnightly or monthly
  • Set up your periodical payment via iBank internet banking
  • Pay no additional fees or charges
  • Change or cancel your periodical payment at any time.
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