Kickstart your savings
Earn up to
Total variable rate for first 4 months
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
Open a new Bonus Saver account and transfer your savings in – it’s simple and quick, and you can do it all online!
Earn bonus interest for the first four months
No action needed – you'll earn bonus interest automatically, so you can relax and watch your savings grow.
Watch your savings grow
Your money will grow effortlessly. But you can always add more to your account to boost your savings even further, if you'd like!
Ready to watch your savings shine?
New customer
If you’re not already banking with us, getting started is quick and easy. You can open a Bonus Saver online, and it'll only take you a few minutes!
Existing customer
If you already bank with us, you can open a Hi Saver through internet banking or the BCU Bank app.
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 | 0.25% p.a. |
| Bonus rate* | 4.50% p.a. |
| Total maximum rate (standard + bonus) | 4.75% 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
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.
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. 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.
A member may hold a maximum of one Bonus Saver as a single account owner and one Bonus Saver as a joint account owner.
*The Bonus Saver bonus interest rate applies for the first four months on daily closing balances from account opening date. At the end of the bonus period the standard ongoing variable interest rate at that time will apply.