Advantage Saver Account
A combined access & savings product for self-funded retirees and people receiving an eligible pension.
To be eligible for the bcu advantage saver, applicants must be aged 18+ and currently receive one of the following pensions:
- Aged Pension
- Dept. of Veterans Affairs Pension
- Disability Pension
- Carer's Pension
OR are a self-funded retiree aged 55+.
Savings interest rates
| bcu advantage saver | |
|---|---|
| $0 - $1,999.99 | 0.20% p.a. |
| $2,000 - $47,999.99 | 0.55% p.a. |
| $48,000 plus | 1.05% p.a. |
Finer details
| Description | Requirement |
|---|---|
| Account eligibility |
Are aged 18+ and currently receive one of the following pensions:
OR are a self-funded retiree aged 55+ |
| Other products required | None |
| Minimum balance | $0.00 |
| Feature | Description | Available |
|---|---|---|
| Visa Debit card | Easy access to your money online, over the phone and anywhere in the world where Visa is accepted. | Yes |
| BPAY | Pay your bills easily and securely. | Yes |
| Direct debit | Set and forget automatic payment of your regular bills. | Yes |
| Osko | 24/7 fast peer to peer payments. | Yes |
| Cheque book | For members who prefer to make payments via cheque. | Available on request |
| Bank@Post | Deposit and withdraw cash at Australia Post if you can't get to a bcu store. | Yes |
| In-store banking | Face to face service with a smile. | Yes |
| Internet banking | A convenient and secure online banking solution available 24/7. | Yes |
| Mobile app | Manage your money on the go with the bcu Connect App straight from your phone. | Yes |
| bcu alerts | Stay on top of your banking with alerts:
|
Yes |
| Description | Fee | Number of free transactions |
|---|---|---|
| Staff assisted withdrawal / deposit / transfers / future payment | $0.00 | N/A |
| Staff assist BPAY / bill payment services | $0.00 | N/A |
| EFTPOS transactions | $0.00 | N/A |
| Declined EFTPOS transactions | $0.00 | N/A |
| Cheques drawn against your bcu account | $0.00 | N/A |
| Direct debit | $0.00 | N/A |
| Internet banking - BPAY / external transfer | $0.00 | N/A |
| bcu ATM withdrawal | $0.00 | N/A |
| bcu ATM balance enquiry | $0.00 | N/A |
| bcu ATM declined transactions | $0.00 | N/A |
| Bank@Post deposit / declined deposit | $2.50 | 2 |
| Bank@Post withdrawal / declined withdrawal | $2.50 | 0 |
| Monthly fee | $0.00 | N/A |
| Interest calculated | Daily |
| Tiered interest rates | Yes |
| Bonus interest | No |
| Interest payment frequency | Monthly |