The rates outlined below are effective 25 March 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.
Access Account
| Tier | Variable rate | Interest calculated | Interest credited |
|---|---|---|---|
| $0 + | 0.00% p.a. | Daily balance | End of month |
Concession Account
| Tier | Variable rate | Interest calculated | Interest credited |
|---|---|---|---|
| $0 + | 0.00% p.a. | Daily balance | End of month |
Business Access#
| Tier | Variable rate | Interest calculated | Interest credited |
|---|---|---|---|
| $0 + | 0.00% p.a. | Daily balance | Half yearly - Last day of June and December |
Business Basic Access
| Tier | Variable rate | Interest calculated | Interest credited |
|---|---|---|---|
| $0 + | 0.00% p.a. | Daily balance | End of month |
Golden Account*
| Tier | Variable rate | Interest calculated | Interest credited |
|---|---|---|---|
| $0 - $9,999.99 | 0.05% p.a. | Daily balance | End of month |
| $10,000 - $49,999.99 | 1.35% p.a. | ||
| $50,000 - $99,999.99 | 1.85% p.a. | ||
| $100,000 + | 2.20% p.a. |
If your transaction account is overdrawn, interest will be charged on the overdrawn balance, and will be calculated daily at 12.29% p.a. and charged to the account at the end of the month or in line with the dates detailed above.
Transaction accounts no longer available
The interest rates below are the current interest rates for our transaction accounts that are no longer available for sale.
| Tier | Variable rate | Interest calculated | Interest credited |
|---|---|---|---|
| Less than $2,000 | 0.00% p.a. | Daily balance | End of month |
| $2,000 - $47,999.99 | 0.95% p.a. | ||
| $48,000 + | 1.35% p.a. |
| Tier | Variable rate | Interest calculated | Interest credited |
|---|---|---|---|
| $0 + | 0.00% p.a. | Daily balance | End of month |
| Tier | Variable rate | Interest calculated | Interest credited |
|---|---|---|---|
| $0 + | 0.00% p.a. | Daily balance | End of 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. Credit eligibility criteria, terms and conditions, fees and charges apply.
*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.
^Interest is calculated on the amount in each tier at the rate applying to that tier. It is not paid on the total amount at the rate for that tier.
#Interest is paid on the total amount at the rate for that tier.