Up to
Standard + bonus variable rate, eligibility criteria apply*
It's time to save like a boss
The Boss Saver helps grow your savings – without the usual restrictions. Need to dip into your savings? No problem, you’ll still earn interest. *And to earn bonus interest, just deposit $500 or more into your eligible Access Account each month and make at least five card purchases using your linked account.
Do that, and watch your savings level up with bonus interest. Easy!
How to earn bonus interest
Open your accounts
You’ll need a Boss Saver and a linked Access Account (in your name only). We’ve made this easy – you can open both accounts online.
Get at least $500 put into your Access Account each month
To make things simple, you could have your salary paid directly into your account. Otherwise, you can make a monthly transfer from an external bank account, or a BCU one that’s not in your name.
Make five purchases
Each month, make five or more card purchases using your linked BCU Access Account.
Ready to become the boss of your savings?
New customer
If you’re not already banking with us, getting started is quick and easy. You can open both the Boss Saver and Access Account online at the same time.
Existing customer
If you already have an Access Account, you can open a Boss Saver through internet banking or the BCU Bank app. Need an Access Account? You can open one in the same way.
Interest rates and fees
A competitive interest rate up for grabs and no fees on popular transactions. What more could you want?
Interest rates
| Rate type | Tier | Interest rate |
|---|---|---|
| Standard rate | $0 + | 0.55% p.a. |
| Bonus rate | Under $100,000 | 4.55% p.a. |
| Total maximum rate (standard + bonus) | Under $100,000 | 5.10% p.a. |
Fees and charges
Our Boss Saver has no monthly or standard transaction fees.
Other fees and charges that may apply can be found on our account fees and charges page.
Because we're here to help
Talk to the team
Got a question? Call us on 1300 228 228, pop into your local branch, or chat to us online.
Get answers online
Check out our how-to guides, search our FAQs, and find support services.
Asking questions, like a boss
To earn bonus interest on your Boss Saver, you need to put at least $500 into any eligible Access Account, and make five or more card purchases each month.
The minimum monthly deposit of $500 must come from an external account or a BCU Bank account that’s not in your name. This means you could transfer funds from another bank each month, or have your employer directly deposit your salary into your BCU Access Account.
Cash, cheque deposits, or payments received via telegraphic transfer are not included.
Tip: Getting your salary paid directly to your Access Account is the easiest way to meet the monthly deposit requirement!
All eligible transactions must be made using your Visa Debit card linked to your Access Account. Cash withdrawals, balance enquiries, and transfers between your own accounts are not included.
Eligible transactions include payments made using Visa payWave, your physical Visa Debit card, a digital wallet, or online using your Visa Debit card details. Keep in mind that these transactions must be fully processed by the end of the month – any transactions that are still pending will not count toward your five purchases.
It may take up to five business days to link your Access Account to your Boss Saver. Any transactions made between opening the accounts and the accounts being linked will not count towards the five purchases needed to qualify for bonus interest.
Our Boss Saver can be linked to an Access Account held in your name as a single account holder only. You cannot link to an Access Account held in joint names.
Please visit a branch or contact us on 1300 228 228 if you would like to open an Access Account in your name.
BCU Bank is 'customer owned' which means our customers and our owners are one and the same. This means there is no natural conflict with shareholders like at the listed banks.
We're owned by you, our members, and that means everything we do benefits you.
We invest our profits back into improving our services and helping our customers and their communities.
Important information
Banking and Credit products issued by Police & Nurses Limited (BCU Bank).
Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms and conditions, fees and charges apply.
Read the relevant product terms and conditions before deciding if a product is right for you.
*Bonus interest is payable on the last day of the calendar month on balances up to $100,000 when the following conditions are met during the month:
- at least $500 from an external source is deposited into your Access Account(s); and
- you make at least 5 Visa card transactions from a linked Access Account.
If the conditions are not met, or the account balance exceeds $100,000, the standard interest rate will apply.
You may hold a maximum of one Boss Saver as a single account owner.
If you hold more than one Access Account, we will link your Boss Saver to the most suitable account. You may contact us to change your linked Access Account. Your Boss Saver can be linked to an Access Account held in your name as a single account holder only. You cannot link to an Access Account held in joint names.