Grow your dough faster with this simple saving recipe

When it comes to money, we all work hard to earn it. The next step? Turning those hard-earned dollars into rising dough. We make that easier with savings accounts that reward good habits.

So, what’s the secret recipe? It only takes three simple ingredients:

1. Regular deposits – keep your dough rising

Think of savings like sourdough starter, it needs regular feeding to grow strong. With our Boss Saver and Power Saver accounts, when you make certain deposit amounts to the eligible account each month, you can earn bonus interest*.

You can also grow your savings by utilising features like Pay&Save, which automatically saves money when you spend, by rounding up your transactions. For example, if you spend $5.50 on a coffee, Pay&Save will round the transaction up to $6, and put the extra 50c into your savings. Every little bit helps!

2. Hands off – let it rise

The hardest part of saving isn’t starting, it’s resisting the urge to dip in. Accounts like our Power Saver, reward you for leaving your money untouched. The longer you leave your funds to grow, the more interest you earn.

3. Give it time – patience pays

Good things take time. Just like bread needs time in the oven, your savings need time in the account to compound and multiply. We know that waiting is the hard part - that’s where accounts like our Bonus Saver shine. With this account you can receive an introductory interest rate for the first four months from the day of opening, to help kick start your savings goals*.

With any of our savings accounts, you get the benefit of interest working behind the scenes every month, so your balance grows faster than it would in a transaction account.

Important information

*Conditions apply. Check the product page for full eligibility criteria.

Banking and Credit products issued by Police & Nurses Limited (BCU Bank).

Any advice does not take into account your objectives, financial situation or needs. Read the relevant terms and conditions, before downloading apps or acquiring any product, in considering and deciding whether it is right for you. The Target Market Determinations (TMDs) are available on our website or upon request.