Want to experience the BCU Bank difference?
Ready to set up a BCU Bank term deposit and make the most of your money? If you’re new to BCU, your first step is to open a transaction or savings account with us to transfer your money in. This can be done completely online, and only takes a few minutes.
You'll need to:
Open your transaction or savings account online
It only takes around five minutes, and all you’ll need is two forms of ID.
Transfer your funds in
With instant access to your new BCU Bank account number, you can easily transfer your funds in from your other bank.
Open your term deposit
Log in to the mobile app or internet banking to open your term deposit. Simple!
To apply for an account online you must:
- be an individual
- be 18 years of age
- be an Australian resident with a current Australian residential address
- have at least two of the following three forms of identification - a valid Australian driver's licence, an Australian passport, or your Medicare card
What happens next?
Once you’ve opened your account, you’ll receive a welcome email with everything you need to know to start banking with us. With instant access to your new BCU Bank account number, you can easily transfer your funds in from your other bank. Then simply open your term deposit online through BCU iBank internet banking or the BCU Bank app.
About our fee-free Access Account
Our Access Account is the perfect choice for everyday banking. With no transaction fees or minimum balance requirements, and a range of payment options, it’s the smart choice for modern, hassle-free spending. You can bank on it.
Already bank with us?
If you already bank with us, you're halfway there! You can open a term deposit online quickly and easily by logging in to BCU iBank and clicking Apply. Alternatively you can use the BCU Bank app – just select Open an account in the menu after logging in.
If you can't find the term you would like to open online, please visit us in a branch or contact us on 1300 228 228 and one of our friendly staff will be happy to help.
