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 |
|---|---|---|
| Offset Home Loan Loan to Value Ratio <=60% | 6.19% | 6.20% |
| Offset Home Loan Loan to Value Ratio >60% and <=80% | 6.29% | 6.30% |
| Offset Home Loan Loan to Value Ratio >80% and <=95% | 6.39% | 6.40% |
| Standard Variable Home Loan | 8.31% | 8.31% |
| Maximum Discounted Rate Home Loan | 7.61% | 7.61% |
| OMG Home Loan Loan to Value Ratio <=60% | 5.99% | 6.00% |
| OMG Home Loan Loan to Value Ratio >60% and <=80% | 6.09% | 6.10% |
| OMG Home Loan Loan to Value Ratio >80% and <=95% | 6.29% | 6.30% |
| Fixed Rate: 1 year | 5.99% | 6.27% |
| Fixed Rate: 2 year | 5.94% | 6.23% |
| Fixed Rate: 3 years | 5.89% | 6.18% |
| Fixed Rate: 4 years | 5.99% | 6.19% |
| Fixed Rate: 5 years | 5.99% | 6.17% |
| All in One line of credit Standard Variable | 8.44% | N/a |
| All in One line of credit Maximum Discounted Variable | 7.74% | N/a |
| Variable Home Loan OO^ ^Not available for sale. Fixed Rate Home Loans will automatically roll over to this product at the end of the fixed period. | 6.29% | 6.30% |
| Bridging Loan | 9.76% | 9.76% |
Residential Loans - Owner Occupied (Interest Only)
| Products | Interest Rate | Comparison Rate |
|---|---|---|
| Standard Variable Home Loan | 8.37% | 8.33% |
| Maximum Discounted Rate Home Loan | 7.67% | 7.63% |
| OMG Home Loan | 6.99% | 6.35% |
| Fixed Rate: 1 year | 6.24% | 6.29% |
| Fixed Rate: 2 year | 6.19% | 6.28% |
| Fixed Rate: 3 years | 6.14% | 6.25% |
| Fixed Rate: 4 years | 6.24% | 6.28% |
| Fixed Rate: 5 years | 6.24% | 6.27% |
Residential Loans - Investment (Principal and Interest)
| Products | Interest Rate | Comparison Rate |
|---|---|---|
| Standard Variable Home Loan | 7.09% | 7.10% |
| Variable Home Loan INV (P&I) | 6.44% | 6.45% |
| Basic Investment Loan Loan to Value Ratio <=70% | 6.29% | 6.30% |
| Basic Investment Loan Loan to Value Ratio >70% | 6.39% | 6.40% |
| Fixed Rate: 1 year | 6.09% | 6.41% |
| Fixed Rate: 2 year | 6.09% | 6.38% |
| Fixed Rate: 3 years | 5.99% | 6.32% |
| Fixed Rate: 4 years | 6.19% | 6.35% |
| Fixed Rate: 5 years | 6.29% | 6.38% |
| All in One line of credit Standard Variable | 8.60% | N/a |
| All in One line of credit Maximum Discounted Variable | 7.90% | N/a |
Residential Loans - Investment (Interest Only)
| Products | Interest Rate | Comparison Rate |
|---|---|---|
| Standard Variable Home Loan | 8.32% | 7.46% |
| Variable Home Loan INV (IO) | 7.62% | 6.79% |
| Basic Investment Loan | 6.69% | 6.48% |
| Fixed Rate: 1 year | 6.29% | 6.43% |
| Fixed Rate: 2 year | 6.19% | 6.40% |
| Fixed Rate: 3 years | 6.19% | 6.37% |
| Fixed Rate: 4 years | 6.44% | 6.45% |
| Fixed Rate: 5 years | 6.54% | 6.49% |
Overdrafts
| Products | Interest Rate | Comparison Rate |
|---|---|---|
| Personal - Secured | 6.99%* | N/a |
| Personal - Unsecured | 12.29% | N/a |
Personal loans
| Products | Interest Rate | Comparison Rate |
|---|---|---|
| Freedom Loan - Secured (no longer for sale) | 7.58% | N/a |
| Freedom Loan - Unsecured | 9.30% | 9.59% |
| New car loan (rate applicable to loans funded from 25 October 2020) | 6.49% | 6.77% |
Credit cards
| Products | Purchase Rate | Cash Advance Rate |
|---|---|---|
| Classic | 11.95% | 14.80% |
| Rewards | 13.05% | 14.80% |
These rates are effective as at 22 November 2023 and are subject to change.
The current rate applicable to your product can be easily viewed on your Internet Banking/Mobile App under 'Account Information' and if you are still not sure you can call us on 1300 228 228 Mon-Fri 8:00am - 6:00pm AEDT and Sat 9:00am - 1:00pm AEDT or visit your nearest branch for more information.
Business loan rates
Business Lending products may have an Annual Percentage Rate that is comprised of a Reference Rate being the Bank Bill Swap Rate (BBSW) plus the margin rate as disclosed in your Loan Contract. Your Annual Percentage Rate can be viewed in Internet Banking.
Below is the BBSW 1 month mid rate as published by the Australian Stock Exchange on the first business day (NSW) of each calendar month:
| Effective Date | Reference Rate |
|---|---|
| 1 December 2023 | 4.2964% |
| 1 November 2023 | 4.1800% |
| 3 October 2023 | 4.0600% |
| 1 September 2023 | 4.0550% |
| 1 August 2023 | 4.1085% |
| 3 July 2023 | 4.1594% |
If you are on a negotiated Business Lending rate, this can be viewed in Internet Banking.
For further details please call us on 1300 228 228, email us at
Important information
Savings and term deposits interest rates
Personal
BCU Access
| Tier | Rate |
|---|---|
| $0 - plus | 0.00% p.a. |
BCU Concession Account
| Tier | Rate |
|---|---|
| $0 - plus | 0.00% p.a. |
BCU Advantage Saver
| Tier | Rate |
|---|---|
| $0 - $1,999.99 | 0.00% p.a. |
| $2,000 - $47,999.99 | 2.05% p.a. |
| $48,000 - plus | 2.35% p.a. |
BCU Bonus Saver
| Tier | Standard rate | Bonus rate ^ | Total rate |
|---|---|---|---|
| $0 - plus | 1.00% p.a. | 4.20% p.a. | 5.20% p.a. |
^ An introductory variable bonus rate will apply only for the first 4 months in addition to the variable standard rate from the opening date of the new Bonus Saver account.
BCU iSaver
| Tier | Rate |
|---|---|
| $0 - $999.99 | 0.00% p.a. |
| $1,000 - $19,999.99 | 2.85% p.a. |
| $20,000 - $249,999.99 | 3.25% p.a. |
| $250,000 - plus | 3.30% p.a. |
BCU Scoot's Super Saver
| Tier | Rate |
|---|---|
| $0 - $49,999.99 | 2.75% p.a. |
| $50,000 - plus | 1.65% p.a. |
Business
BCU Business Access
| Tier | Rate |
|---|---|
| $0 - plus | 0.00% p.a. |
BCU Business Basic Access
| Tier | Rate |
|---|---|
| $0 - plus | 0.00% p.a. |
BCU Business iSaver
| Tier | Rate |
|---|---|
| $0 - $4,999.99 | 1.45% p.a. |
| $5,000 - plus | 1.75% p.a. |
Term Deposits
See all Term Deposit rates (PDF)
Standard TDs
| Term | Interest Frequency |
$1,000 to $999,999.99 |
|---|---|---|
| 1 Month | Maturity | 1.35% p.a. |
| 2 Months | Maturity | 1.75% p.a. |
| 3 Months | Maturity | 4.35% p.a. |
| 4 Months | Maturity | 3.70% p.a. |
| 5 Months | Maturity | 3.40% p.a. |
| 6 Months | Maturity | 4.60% p.a. |
| 7 Months | Maturity | 4.55% p.a. |
| 8 Months | Maturity | 3.60% p.a. |
| 9 Months | Maturity | 4.55% p.a. |
| 10 Months | Maturity | 3.80% p.a. |
| 11 Months | Maturity | 3.80% p.a. |
| 12 Months | Maturity | 4.75% p.a. |
| 24 Months | Annually | 4.40% p.a. |
| 36 Months | Annually | 4.00% p.a. |
Regular Income TDs
| Term | Interest Frequency |
$1,000 to $999,999.99 |
|---|---|---|
| 3 Months | Monthly | 4.25% p.a. |
| 4 Months | Monthly | 3.60% p.a. |
| 5 Months | Monthly | 3.30% p.a. |
| 6 Months | Monthly | 4.50% p.a. |
| 7 Months | Monthly | 4.45% p.a. |
| 8 Months | Monthly | 3.50% p.a. |
| 9 Months | Monthly | 4.45% p.a. |
| 10 Months | Monthly | 3.70% p.a. |
| 11 Months | Monthly | 3.70% p.a. |
| 12 Months | Monthly | 4.65% p.a. |
| 24 Months | Monthly | 4.30% p.a. |
| 36 Months | Monthly | 3.90% p.a. |
| 12 Months | Quarterly | 4.67% p.a. |
| 24 Months | Quarterly | 4.32% p.a. |
| 36 Months | Quarterly | 3.92% p.a. |
| 12 Months | Six Monthly | 4.70% p.a. |
| 24 Months | Six Monthly | 4.35% p.a. |
| 36 Months | Six Monthly | 3.95% p.a. |
55+ and Not For Profit Term Deposits
| Term | Interest Frequency |
$5,000 to $999,999.99 |
|---|---|---|
| 6 Months | Fortnightly | 4.55% p.a. |
| 12 Months | Fortnightly | 4.70% p.a. |
| 24 Months | Fortnightly | 4.35% p.a. |
| 36 Months | Fortnightly | 3.95% p.a. |
| 3 Months | Monthly | 4.35% p.a. |
| 6 Months | Monthly | 4.60% p.a. |
| 12 Months | Monthly | 4.75% p.a. |
| 24 Months | Monthly | 4.40% p.a. |
| 36 Months | Monthly | 4.00% p.a. |
Farm Management Deposits
| Term | Interest Frequency |
$1,000 to $800,000 |
|---|---|---|
| 12 Months | Maturity | 4.55% p.a. |
Other terms and interest payment frequencies may be available on request.
Important Information - Savings
These rates are effective as at Wednesday 22 November 2023 and are subject to change. All interest rates are calculated on a daily basis.
Important Information
Term Deposits - Standard Term Deposits, Regular Income Term Deposits, 55+ and Not For Profit Term Deposits rates are current as at Thursday 02 November 2023 and subject to change.
Farm Management Deposit rates are current as at Wednesday, 25 January 2023 and subject to change.
We calculate interest daily by multiplying the balance of your deposit by the fixed interest rate. Interest is paid at maturity for terms under 12 months only. For terms of 12 months or more interest can be paid monthly, quarterly, or annually. Interest can be added to the principal amount, or you can request for it to be credited to your nominated bank account.
Please note that interest rates for amounts of $1,000,000 and over are by negotiation. For more detailed information please refer to the Term Deposit Terms and Conditions and Term Deposit Interest Rate Schedule.
Important information
Accounts no longer on offer
| Basic Access | |
|---|---|
| $0 plus | 0.00% p.a. |
| bcu Christmas club 1 | |
|---|---|
| $0 - plus | 0.30% p.a. |
| Dream Saver 1 | |
|---|---|
| $0 - $29,999.99 | 1.40% p.a. |
| $30,000 - plus | 0.27% p.a. |
| Incentive Savings Account | |
|---|---|
| $0 - $49,999.99 | 0.00% p.a. |
| $50,000 - $249,999.99 | 0.05% p.a. |
| $250,000 - $1,000,000 plus | 0.30% p.a. |
| Visa Account | |
|---|---|
| $0 plus | 0.00% p.a. |
| Community Saver Account | |
|---|---|
| $0 - $9,999.99 | 0.00% p.a. |
| $10,000 - $49,999.99 | 0.10% p.a. |
| $50,000 plus | 0.25% p.a. |
| bcu SMSF Cash iSaver | |
|---|---|
| $0 plus | 0.85% p.a. |
| Personal Cheque Account | |
|---|---|
| $0 plus | 0.00% p.a. |
| bcu premium saver 2 | |
|---|---|
| $0 - $9,999.99 | 0.00% p.a. |
| $10,000 - $99,999.99 | 0.05% p.a. |
| $100,000 plus | 0.35% p.a. |
| bcu saver 2 | |
|---|---|
| $0 - $19,999.99 | 0.00% p.a. |
| $20,000 - $249,999.99 | 0.05% p.a. |
| $250,000 plus | 0.30% p.a. |
Important information
1. 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.
2. Interest is paid on the total amount at the rate for that tier.