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Current interest rates



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Loan interest rates

Personal Lending

Residential Loans - Owner Occupied (Principal and Interest)

Products Interest Rate Comparison Rate 4
Standard Variable Home Loan4.06%4.06%
Maximum Discounted Rate Home Loan3.36%3.36%
OMG Home Loan
Loan to Value Ratio <=60%

2.29%

2.29%
OMG Home Loan
Loan to Value Ratio >60% and <=80%

2.39%

2.39%
OMG Home Loan
Loan to Value Ratio >80% and <=95%

2.44%

2.44%
Fixed Rate: 1 year1.89%3.86%
Fixed Rate: 2 year1.99%3.69%
Fixed Rate: 3 years2.19%3.58%
Fixed Rate: 4 years2.49%3.54%
Fixed Rate: 5 years2.79%3.55%
All in One line of credit
Standard Variable

4.19%

n/a
All in One line of credit
Maximum Discounted Variable

3.49%

n/a

Residential Loans - Owner Occupied (Interest Only)

Products Interest Rate Comparison Rate
Standard Variable Home Loan4.12%4.08%
Maximum Discounted Rate Home Loan3.42%3.38%
OMG Home Loan2.94%2.60%
Fixed Rate: 1 year2.79%3.94%
Fixed Rate: 2 year2.89%3.85%
Fixed Rate: 3 years3.09%3.81%

Residential Loans - Investment (Principal and Interest)

Products Interest Rate Comparison Rate
Standard Variable Home Loan4.22%4.22%
Maximum Discounted Rate Home Loan3.52%3.52%
OMG Home Loan
Loan to Value Ratio <=90%

2.99%

2.99%
Fixed Rate: 1 year1.99%4.01%
Fixed Rate: 2 year2.09%3.84%
Fixed Rate: 3 years2.29%3.72%
Fixed Rate: 4 years2.59%3.68%
Fixed Rate: 5 years2.89%3.69%
All in One line of credit
Standard Variable

4.35%

n/a
All in One line of credit
Maximum Discounted Variable

3.65%

n/a

Residential Loans - Investment (Interest Only)

Products Interest Rate Comparison Rate
Standard Variable Home Loan4.32%4.26%
Maximum Discounted Rate Home Loan3.62%3.56%
OMG Home Loan3.09%3.03%
Fixed Rate: 1 year2.04%4.02%
Fixed Rate: 2 year2.14%3.85%
Fixed Rate: 3 years2.34%3.74%
Fixed Rate: 4 years2.64%3.70%
Fixed Rate: 5 years2.94%3.71%

Overdrafts

Products Interest Rate Comparison Rate
Personal - Secured6.99%N/a
Personal - Unsecured12.29%N/a

Personal loans

Products Interest Rate Comparison Rate
Freedom Loan - Secured7.58%7.93%
Freedom Loan - Unsecured9.30%10.69%
New car loan5.65%6.00%

Credit cards

Products Purchase Rate Cash Advance Rate
Classic11.80%14.80%
Rewards12.80%14.80%

Business Lending

Business Loans

Products Interest Rate
Residential Security
Variable Base Rate - Commercially Secured4.94%
Variable Base Rate - Residentially Secured3.36%
Fixed Rate Loan: 1 Year2.79%
Fixed Rate Loan: 3 Years3.08%
Fixed Rate Loan: 5 Years3.54%
Business Overdraft6.74%
These rates are effective as at 25 August 2021 and are subject to change.

Loans available to approved applicants only.
For further details please call us on 1300 228 228, email us at This email address is being protected from spambots. You need JavaScript enabled to view it. or visit a bcu store.

Important information

    Savings and investments interest rates

    Personal

    bcu access

    Tier Rate
    $0 - plus0.00% p.a.

    bcu concession account

    Tier Rate
    $0 - plus0.00% p.a.

    bcu advantage saver

    Tier Rate
    $0 - $1,999.990.00% p.a.
    $2,000 - $47,999.990.10% p.a.
    $48,000 - plus0.40% p.a.

    bcu Christmas club

    Tier Rate
    $0 - plus0.30% p.a.

    bcu isaver

    Tier Rate
    $0 - $999.990.00% p.a.
    $1,000 - $19,999.990.05% p.a.
    $20,000 - $249,999.990.10% p.a.
    $250,000 - plus0.35% p.a.

    bcu Dream Saver

    Tier Rate
    $0 - $29,999.990.50% p.a.
    $30,000 - plus0.02% p.a.

    bcu scoot's super saver

    Tier Rate
    $0 - $49,999.990.90% p.a.
    $50,000 - plus0.10% p.a.

    Business

    bcu Business Access

    Tier Rate
    $0 - plus0.00% p.a.

    bcu business basic access

    Tier Rate
    $0 - plus0.00% p.a.

    bcu Business iSaver

    Tier Rate
    $0 - $4,999.990.00% p.a.
    $5,000 - plus0.10% p.a.

    Term Deposits

    See all Term Deposit rates (PDF)

    Standard TDs

    Term Interest
    Frequency
    $1,000 to $999,999.99
    1 MonthMaturity0.15% p.a.
    2 MonthsMaturity0.15% p.a.
    3 MonthsMaturity0.35% p.a.
    4 MonthsMaturity0.30% p.a.
    5 MonthsMaturity0.30% p.a.
    6 MonthsMaturity0.35% p.a.
    7 MonthsMaturity0.30% p.a.
    8 MonthsMaturity0.30% p.a.
    9 MonthsMaturity0.35% p.a.
    10 MonthsMaturity0.30% p.a.
    11 MonthsMaturity0.30% p.a.
    12 MonthsMaturity0.35% p.a.
    24 MonthsAnnually0.40% p.a.
    36 MonthsAnnually0.50% p.a.

    Regular Income TDs

    Term Interest
    Frequency
    $1,000 to $999,999.99
    3 MonthsMonthly0.25% p.a.
    4 MonthsMonthly0.20% p.a.
    5 MonthsMonthly0.20% p.a.
    6 MonthsMonthly0.25% p.a.
    7 MonthsMonthly0.20% p.a.
    8 MonthsMonthly0.20% p.a.
    9 MonthsMonthly0.25% p.a.
    10 MonthsMonthly0.20% p.a.
    11 MonthsMonthly0.20% p.a.
    12 MonthsMonthly0.25% p.a.
    24 MonthsMonthly0.30% p.a.
    36 MonthsMonthly0.40% p.a.
    12 MonthsQuarterly0.27% p.a.
    24 MonthsQuarterly0.32% p.a.
    36 MonthsQuarterly0.42% p.a.
    12 MonthsSix Monthly0.30% p.a.
    24 MonthsSix Monthly0.35% p.a.
    36 MonthsSix Monthly0.45% p.a.

    55+ and Not For Profit Term Deposits

    Term Interest
    Frequency
    $5,000 to $999,999.99
    6 MonthsFortnightly0.30% p.a.
    12 MonthsFortnightly0.30% p.a.
    24 MonthsFortnightly0.35% p.a.
    36 MonthsFortnightly0.45% p.a.
    3 MonthsMonthly0.35% p.a.
    6 MonthsMonthly0.35% p.a.
    12 MonthsMonthly0.35% p.a.
    24 MonthsMonthly0.40% p.a.
    36 MonthsMonthly0.50% p.a.

    Farm Management Deposits

    Term Interest
    Frequency
    $1,000 to $800,000
    12 MonthsMaturity0.75% p.a.

    Other terms and interest payment frequencies may be available on request.

    Important Information - Savings
    These rates are effective as at 1 September 2021 and are subject to change. All interest rates are calculated on a daily basis.

    Important Information - Investments
    Rates current as at 27 August 2021 and subject to change.

    Interest can only be added to the principal on maturity (excluding Farm Management Deposits where interest cannot be capitalised). Interest paid monthly or annually must be paid into a bcu savings or loan product, by cheque or transfer to an external account. Interest will be calculated daily. Early withdrawal for terms 1 to 24 months is at bcu's discretion for the full or partial withdrawal of the investment before maturity. Terms greater than 24 months are subject to seven days notice for the full or partial withdrawal of the investment before maturity. If withdrawn early, the rate of interest payable on the investment for the whole of the term to the date of withdrawal will be the rate applying to the Christmas Club Account at the time of withdrawal and may result in the recovery of interest already paid. Please note that interest rates for amounts of $1,000,000 and over are by negotiation.

    Important information

      Accounts no longer on offer

      Basic Access
      $0 plus0.00% p.a.
      Incentive Savings Account
      $0 - $49,999.990.00% p.a.
      $50,000 - $249,999.990.05% p.a.
      $250,000 - $1,000,000 plus0.30% p.a.
      Visa Account
      $0 plus0.00% p.a.
      Community Saver Account
      $0 - $9,999.990.00% p.a.
      $10,000 - $49,999.990.10% p.a.
      $50,000 plus0.25% p.a.
      bcu SMSF Cash iSaver
      $0 - $999,999.990.30% p.a.
      $1,000,000 plus0.00% p.a.
      Personal Cheque Account
      $0 plus0.00% p.a.
      bcu premium saver 2
      $0 - $9,999.990.00% p.a.
      $10,000 - $99,999.990.05% p.a.
      $100,000 plus0.35% p.a.
      bcu saver 2
      $0 - $19,999.990.00% p.a.
      $20,000 - $249,999.990.05% p.a.
      $250,000 plus0.30% p.a.
      bcu retirement savings account 2
      $0 - $9,999.990.05% p.a.
      $10,000 - $99,999.990.25% p.a.
      $100,000 plus0.50% p.a.


      2 - Interest is paid on the total amount at the rate for that tier.