Grow your dough
Up to
Standard + bonus variable rate
It’s time to make it happen
All it takes is a regular deposit of $100 or more each month and no withdrawals. The Power Saver does the rest – rewarding your steady saving with bonus interest.
How to earn bonus interest
Deposit $100 or more
Put at least $100 into your Power Saver each month and watch your savings grow.
Make no withdrawals
Skip the withdrawals and let your savings do their thing.
Earn bonus interest
You nailed it! Enjoy your bonus interest boost on savings up to $250,000 for sticking to your savings plan.
See how your dough could grow
Discover how your money could grow over time with the help of our handy savings calculator.
rates and fees
Stick to the plan to score bonus interest – that’s how you earn your crust.
Interest rates
| Rate type | Tier | Interest rate |
|---|---|---|
| Standard rate | $0 + | 0.50% p.a. |
| Bonus rate* | Up to $250,000 | 3.85% p.a. |
| Total maximum rate (standard + bonus) | Up to $250,000 | 4.35% p.a. |
Fees and charges
Our Power 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.
Ready to get that bread?
New customer
If you’re not already banking with us, getting started is quick and easy. You can open a Power Saver online, and it'll only take you a few minutes!
Existing customer
If you already bank with us, you can open a Power Saver through internet banking or the BCU Bank app.
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.
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 applied when a minimum of $100 is deposited and no withdrawals are made from the account during the calendar month. The standard rate will still apply if the bonus interest conditions aren’t met. Bonus interest is paid on balances up to $250,000, with balances more than of $250,000 earning only the standard rate.
Customers can hold up to three Power Saver accounts in total, whether held in single or joint names.