Everyday account interest rates
The rates outlined below are effective 20 October 2026. Rates are subject to change and may change at any time including between the time you apply for a transaction account and when your account is opened.
Interest is calculated daily and paid at the end of each calendar month on all of our current savings accounts.
Golden Account²*
An everyday account with a stepped interest rate available exclusively to those over 55. Learn how stepped interest rates work.
Learn more| Tier | Variable rate |
|---|---|
| $0 - $9,999.99 | 0.30% p.a. |
| $10,000 - $49,999.99 | 1.85% p.a. |
| $50,000 - $99,999.99 | 2.35% p.a. |
| $100,000+ | 2.70% p.a. |
Everyday accounts that don't earn interest
The following everyday accounts do not earn interest:
Access Account
Concession Account¹
Business Access Account
Business Basic Access Account
Mortgage Offset Saver
If your everyday account is overdrawn, interest will be charged on the overdrawn balance, and will be calculated daily at and charged to the account at the end of the month or in line with the dates detailed above.
Everyday accounts no longer available
The interest rates below are the current interest rates for our everyday accounts that are no longer available for sale.
| Tier | Variable rate |
|---|---|
| Less than $2,000 | 0.00% p.a. |
| $2,000 - $47,999.99 | 0.95% p.a. |
| $48,000+ | 1.35% p.a. |
Interest is calculated daily and paid at the end of each calendar month.
This account does not earn interest.
This account does not earn interest.
Savings account interest rates
The rates outlined below are effective 1 November 2026. Rates are subject to change and may change at any time including between the time you apply for a savings account and when your account is opened.
Interest is calculated daily and paid at the end of each calendar month on all of our current savings accounts.
Boss Saver³
To earn bonus interest, deposit $500 or more from an external account and make 5 Visa card purchases from a linked Access Account each calendar month.
Learn more| Rate type | Tier | Variable rate |
|---|---|---|
| Standard rate | $0+ | 0.20% p.a. |
| Bonus rate | Up to $100,000 | 5.30% p.a. |
| Standard & bonus rate | Up to $100,000 | 5.50% p.a. |
Bonus Saver⁴
An introductory interest rate applies for the first four months from the day your account is opened. After this period ends, your balance will earn the standard variable interest rate.
Learn more| Rate type | Variable rate |
|---|---|
| Standard rate | 0.05% p.a. |
| Bonus rate | 5.55% p.a. |
| Standard & bonus rate | 5.60% p.a. |
Power Saver⁵
Bonus interest is paid when you deposit at least $100 and don’t make any withdrawals during the calendar month.
Learn more| Rate type | Tier | Variable rate |
|---|---|---|
| Standard rate | $0+ | 0.50% p.a. |
| Bonus rate | Up to $250,000 | 4.85% p.a. |
| Standard & bonus rate | Up to $250,000 | 5.35% p.a. |
| Tier | Variable rate |
|---|---|
| Under $50,000 | 3.50% p.a. |
| $50,000+ | 2.40% p.a. |
Business iSaver^
Available to eligible Australian businesses with a registered ABN and Australian address.
Learn more| Tier | Variable rate |
|---|---|
| Under $5,000 | 1.60% p.a. |
| $5,000+ | 1.85% p.a. |
If your savings account is overdrawn, interest will be charged on the overdrawn balance, and will be calculated daily at and charged to the account at the end of the month or in line with when interest is paid.
Savings accounts no longer available
The interest rates below are the current interest rates for our saving accounts that are no longer available for sale.
| Tier | Variable rate |
|---|---|
| Under $1,000 | 0.00% p.a. |
| $1,000 - $19,999.99 | 1.75% p.a. |
| $20,000 - $249,999.99 | 2.15% p.a. |
| $250,000+ | 2.20% p.a. |
Interest is calculated daily and paid at the end of each calendar month.
| Tier | Variable rate |
|---|---|
| Under $30,000 | 1.15% p.a. |
| $30,000 + | 0.02% p.a. |
Interest is calculated daily and paid at the end of each calendar month.
| Tier | Variable rate |
|---|---|
| Under $50,000 | 0.00% p.a. |
| $50,000 - $249,999.99 | 0.05% p.a. |
| $250,000+ | 0.05% p.a. |
Interest is calculated daily and paid at the end of each calendar month.
| Tier | Variable rate |
|---|---|
| Under $10,000 | 0.00% p.a. |
| $10,000 - $49,999.99 | 0.05% p.a. |
| $50,000+ | 0.05% p.a. |
Interest is calculated daily and paid at the end of each calendar month.
| Tier | Variable rate |
|---|---|
| Under $10,000 | 0.00% p.a. |
| $10,000 - $99,999.99 | 0.05% p.a. |
| $100,000+ | 0.35% p.a. |
Interest is calculated daily and paid at the end of each calendar month.
| Tier | Variable rate |
|---|---|
| Under $20,000 | 0.00% p.a. |
| $20,000 - $249,999.99 | 0.05% p.a. |
| $250,000+ | 0.30% p.a. |
Interest is calculated daily and paid at the end of each calendar month.
| Tier | Variable rate |
|---|---|
| $0+ | 0.20% p.a. |
Interest is calculated daily and paid at the end of each calendar month.
| Tier | Variable rate |
|---|---|
| $0+ | 0.05% p.a. |
Interest is calculated daily and paid at the end of each calendar month.
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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).
The interest rate displayed in the BCU Bank app and internet banking is the base rate. The bonus rate will not be displayed. Your eligibility for bonus interest will be calculated in accordance with the Savings Accounts & Account Access Channels Terms & Conditions.
1. Concession Account
To be eligible for the Concession Account each account holder must have one of the following Australian government cards:
- Commonwealth Senior Health Card
- Pensioner Concession Card
- Health Care Card
- Department of Veteran's Affairs Card (DVA)
2. Golden Account
One of the account holders must be at least 55 years of age. Customers can hold up to three Golden Accounts in total, whether held in single or joint names.
*A stepped interest rate is paid on the portion of the account balance within each tier, at the applicable rate for that tier. For example, the interest rate paid on the first $9,999.99 of your account balance may be different to the interest rate paid on any account balance of $10,000 or more.
3. Boss Saver
Bonus interest payable on balances up to $100,000 when during the calendar month:
- at least $500 from an external account is deposited (excluding ATM withdrawals, balance enquiries and transfers, direct debits, Bank@Post™ transactions and BPAY payments and uncleared transactions) into your BCU Access Account(s); and
- you make at least 5 eligible Visa card transactions (excluding ATM withdrawals, balance enquiries and transfers, direct debits, Bank@Post™ transactions and BPAY payments and uncleared transactions) from a linked BCU Access Account.
Standard rate applies if conditions not met. Interest applies to Boss Saver Account balance only, Access Account balance not included.
You may hold a maximum of one Boss Saver Account only, either as a single account holder or joint account holder.
BPAY® is registered to BPAY Pty Ltd ABN 69 079 137 518.
Bank@Post is an agency service provided by Australia Post on behalf of over 80 financial institutions.
Bank@Post™ deposits and withdrawals are available only with a BCU VISA Card. Cheques must be made out in the name of the cardholder to be accepted at.
Bank@Post™ and require a minimum of 7 business days for clearance.
4. Bonus Saver
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. 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.
5. Power Saver
Bonus interest applied when minimum $100 deposited and no withdrawals are made from the account during the calendar month. Standard interest applies if the bonus interest conditions aren’t met and on balances exceeding $250,000.
Customers can hold up to three Power Saver accounts in total, whether held in single or joint names.
6. Scoot Super Saver
Available to customers under 12 years of age. Visa Debit card access is not available. The account will automatically convert to an Access Account when the account holder turns 13.
7. Christmas Club
Withdrawals can only be made between 1st November and 31st January each year. Withdrawals outside of this period are at BCU Bank's discretion.
*A stepped interest rate is paid on the portion of the account balance within each tier, at the applicable rate for that tier.
^Interest is paid on the total amount at the rate for that tier.