The rates outlined below are effective 1 June 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 Account¹
| 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 Account²*
| Tier | Variable rate | Interest calculated | Interest credited |
|---|---|---|---|
| $0 - $9,999.99 | 0.30% p.a. | Daily balance | End of month |
| $10,000 - $49,999.99 | 1.60% p.a. | ||
| $50,000 - $99,999.99 | 2.10% p.a. | ||
| $100,000 + | 2.45% 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. 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).
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.