1. Police & Nurses Limited ABN 69 087 651 876 (BCU Bank) is running a promotion called the “BCU Bank Motor Insurance Cashback Campaign” (Promotion) in which eligible customers will receive one (1) $150 cashback payment to a BCU Bank transactional account (Cashback) when those eligible customers purchase a new Basic Comprehensive, Comprehensive, or Comprehensive Plus CGU Motor Insurance policy through BCU Bank (Eligible Policy).The Cashback will be issued by BCU Bank to the eligible customers BCU Bank transactional account unless the customer is ineligible for a Cashback.
2. The Promoter is BCU Bank, Australian Financial Services Licence/Australian Credit Licence 240701, Shop 52 Coffs Central Shopping Centre, 35 Harbour Dr, Coffs Harbour, NSW, 2450, telephone 1300 228 228.
3. The insurance policies forming part of this promotion are issued by Insurance Australia Limited ABN 11 000 016 722 trading as CGU Insurance (CGU Insurance), Australian Financial Services Licence 227681. CGU Insurance is not the promoter of this promotion, and any queries about the promotion should be directed to BCU Bank.
4. The Promotion starts at 8:00am (AEST) on 21 January 2026 and ends at 6:00pm (AEST) on 28 April 2026 (Promotion Period).
5. To be eligible to receive the Cashback you must:
a) during the Promotion Period:
i. be a resident of Australia;
ii. be 18 years or older;
iii. apply through BCU Bank for an Eligible Policy;
iv. be accepted by CGU Insurance as the insured on the Eligible Policy; and
v. pay either in full or at least one instalment for the Eligible Policy obtained through BCU Bank; and
vi. provide BCU Bank a current email address.
b) have an active BCU Bank transactional account at the time of Cashback payment.
c) not cancel the Eligible Policy for a period of at least 8 weeks (56 calendar days) following the date the relevant insurance cover takes effect, being the policy start date (Eight Week Period).
(Eligibility Criteria)
6. If you satisfy the Eligibility Criteria and are not ineligible, you will receive one (1) Cashback per Eligible Policy purchased through BCU Bank.
7. You are ineligible for a Cashback if:
i. you only renew an Eligible Policy instead of purchasing a new one;
ii. you cancel an Eligible Policy during the Eight Week Period;
iii. you cancel an existing Eligible Policy and obtain a new Eligible Policy for the same type of cover;
iv. you do not pay by your due date any instalments which fall due during the Eight Week Period;
v. you do not satisfy each of the Eligibility Criteria; or
vi. you do not hold a BCU Bank transactional account or apply for a BCU Bank transactional account before the Eight Week Period expires, following the start date of the Eligible Policy.
8. Each Cashback will be issued electronically to the BCU Bank transactional account nominated by the policy holder, which must be solely or jointly owned by the policy holder, within 40 calendar days after the end of the Eight Week Period.
9. Eligible customers accept the Cashback ‘as is’ and acknowledge that BCU Bank accepts no liability or responsibility for any tax implications that may arise from or in respect of the Cashback. Eligible customers may need to seek advice from the Australian Tax Office or their own taxation adviser or independent financial advisor as to any tax implications that may arise from receipt of the Cashback.
10. The Promotion is promoting the Eligible Policies issued by CGU Insurance as promoted at our BCU Bank locations. This Promotion is in no way sponsored or endorsed by any media platform used to share any information connected to this Promotion. By applying for insurance coverage under an Eligible Policy you agree to completely release each of these other organisations from any claims arising out of this Promotion.
11. The Promotion is based on common sense and fairness. To elaborate on the details the following applies:
i. who is eligible for a Cashback is determined solely by BCU Bank and the Eligibility Criteria;
ii. who is eligible for insurance coverage under an Eligible Policy is determined solely by CGU Insurance;
iii. the Cashback is an electronic payment to a BCU Bank transactional account that cannot be exchanged, and no compensation will be given as an alternative to the Cashback; and
iv. BCU Bank will not be liable for any loss or damage whatsoever suffered (including but not limited to indirect or consequential loss) or for any personal injury suffered or sustained in connection with redeeming the Cashback, except for any liability which cannot be excluded by law.
v. You may receive multiple Cashbacks from this Promotion, but only one (1) Cashback per Eligible Policy purchased is permitted.
12. Privacy matters to us and we collect information in accordance with our privacy policy. We will collect your personal information during this Promotion in order to conduct the Promotion, provide your details to CGU Insurance, and provide the Cashback. It is a condition of our Promotion that you provide us with this information . By entering the Promotion, you agree that we may use this information in any media for promotional, marketing or publicity purposes without any further reference, payment or other compensation to you. View the BCU Bank Privacy Policy.
13. Police & Nurses Limited (BCU Bank) ABN 69 087 651 876 AFSL 240701 acts under its own AFSL and under an agreement with the issuer Insurance Australia Limited trading as CGU Insurance ABN 11 000 016 722, AFSL 227681. Any advice provided is general advice only and does not take into account your individual objectives, financial situation or needs (Your Personal Circumstances). Before using this advice to decide whether to purchase a product, you should consider Your Personal Circumstances. The Product Disclosure Statement and Target Market Determinations are available from the CGU website.