BCU Direct Saver - How it works

A BCU Direct Saver account is an online savings account which is linked to a nominated BCU transaction account.

Designed to help you maximise your savings, a BCU Direct Saver account has no CueCard, ATM, EFTPOS, BPAY, cheque, overdraft or over-the-counter transaction facilities.

How do I deposit funds INTO my BCU Direct Saver?

You can transfer money directly into your BCU Direct Saver account whenever you want to.

• Via iBank internet banking from your nominated linked account
• Via phone banking from your nominated linked account
• By periodical payment from another BCU or external account
• By direct deposit via electronic transfer from an external source (eg salary, tax refund or other income etc)

How do I transfer funds OUT of my BCU Direct Saver?

Transfers out of your BCU Direct Saver account are restricted to transfers to your nominated linked BCU transaction account by phone and iBank internet banking.

Other features

• Interest calculated daily and credited monthly
• Tiered interest rate
• 24-hour online access to details of your transactions, balances and interest earned
• Change your linked account at any time
  

Want to save more?

Why not take advantage of BCU’s free periodical payments and set up your own automatic savings plan. Click here to find out more …