Boost your savings
Earn
Variable intro bonus rate for 4 months on balances up to $5m
Because you're saving up
Saving up can feel like a grind, but it doesn’t have to. With our Bonus Saver, you’ll hit your savings goals faster than you think. Stash your cash, score an introductory interest rate, and watch your balance climb. It's as simple as that.
Earning bonus interest? Simple.
Open a Bonus Saver account
Earn bonus interest for the first four months
Watch your savings grow
Ready to watch your savings shine?
New customer
Existing customer
Interest rates and fees
Four months to grow your savings with bonus interest and no fees on popular transactions? Your savings will thank you!
Interest rates
| Rate type | Interest rate |
|---|---|
| Standard rate | 0.05% p.a. |
| Bonus rate* | 5.15% p.a. |
| Total maximum rate (standard + bonus) | 5.20% p.a. |
Fees and charges
Our Bonus 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
Get answers online
Bonus questions and answers
When the 4 month bonus interest term of your Bonus Saver Account ends, you will continue to earn interest at the standard variable rate.
You can open a new savings account online at any time in internet banking or via the BCU Bank app.
You can hold one Bonus Saver account in your name and one in joint names.
If you choose to close your account, you’ll be eligible to open another Bonus Saver account in 12 months' time, when you can again sign up to earn that very competitive bonus interest.
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. 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.
Deposits may be guaranteed by the Australian Government’s Financial Claims Scheme, which is a government-backed safety net for deposits of up to $250,000 (per account holder per Authorised Deposit-taking Institution).
*An introductory bonus rate will apply on balances up to $5m per account for the first 4 months, in addition to the standard rate from the account opening date. Interest applies to Bonus Saver Account balance only.
At the end of the introductory period the standard interest rate at that time will apply.
A customer may hold a maximum of one Bonus Saver Account as a single account holder and one Bonus Saver Account as a joint account holder. You may apply to open a Bonus Saver Account 12 months from the date of closing any previously owned Bonus Saver Account as a single or joint account holder.