BCU Bank Logo

Search www.bcu.com.au

Make your money work harder for you

Advantage Saver Account

An account for over 55s – a flexible everyday account that earns a competitive interest rate. Open your new account online in minutes and access your instant Visa Debit card.


Tiered interest rate

Tiered interest rate

The more money you save, the more interest you earn

No monthly fee

No monthly fee

Save with no ongoing fees

Free ATM withdrawals

Free ATM withdrawals

Available at all BCU, atmx and major bank ATMs

Digital wallets

Digital wallets

Tap and pay with your mobile phone

Advantage Saver interest rates

bcu advantage saver
$0 - $1,999.990.00% p.a.
$2,000 - $47,999.991.80% p.a.
$48,000 - plus2.20% p.a.

All the details

Account eligibility

You must be over 55 years of age. For a joint account, at least one member must be over the age of 55.

You may hold a maximum of one Advantage Saver as a single account and one Advantage Saver as a joint account.

Other products required None
Minimum balance $0.00
Visa Debit card Easy access to your money online, over the phone and anywhere in the world where Visa is accepted. Yes
BPAY Pay your bills easily and securely. Yes
Direct debit Set and forget automatic payment of your regular bills. Yes
Osko Send and receive money in near real time between participating banks. Yes
Digital wallets Tap and pay with your mobile phone using Apple Pay, Google Pay or Samsung Pay. Yes
Bank@Post Deposit cash and cheques, withdraw cash or make balance enquiries at Australia Post if you can't get to a BCU branch. Yes
In-branch banking Face to face service with a smile. Yes
Internet banking Convenient and secure access through BCU iBank is available 24/7. Yes
Mobile app Manage your money on the go with the BCU Bank app straight from your phone. Yes
Card controls Temporarily lock your card or block certain transactions such as overseas purchases or Visa payWave. Yes
BCU alerts Stay on top of your banking with alerts:
  • Avoid unnecessary fees and charges by keeping up to date on your balance.
  • Set up alerts for credits, direct debits and due payments.
DescriptionFeeNumber of free transactions
Staff assisted withdrawal / deposit / transfers / future payment $0.00 Unlimited
Staff assist BPAY / bill payment services $0.00 Unlimited
EFTPOS transactions $0.00 Unlimited
Cheques drawn against your BCU account $0.00 Unlimited
Direct debit $0.00 Unlimited
Internet banking - BPAY / external transfer $0.00 Unlimited
BCU, atmx or major bank ATM withdrawal $0.00 Unlimited
Bank@Post deposit / declined deposit $0.00 Unlimited
Bank@Post withdrawal / declined withdrawal $0.00 Unlimited
Monthly fee $0.00 N/A

View all fees and charges relating to Access and Savings accounts

Interest calculated Daily
Tiered interest rates Yes
Bonus interest No
Interest payment frequency Monthly
Savings and Transaction Account Interest Rate Schedule  

Apply online

If you’re over 55 years of age you can open your Advantage Saver account online in minutes.

New members

To apply for an account online you must:

  • be over 55 years of age
  • be an individual
  • be an Australian resident with a current Australian residential address, and;
  • provide two of the following - a valid Australian driver's licence; an Australian passport; a Medicare card.

Existing members

You can open your new account in BCU iBank or via the BCU Bank app.

Apply at a BCU branch

Open your new account by visiting your nearest BCU branch. You must be 55 years of age or older to open an Advantage Saver account.

If you’re joining as a brand new member, you need your Australian driver's licence or a valid passport. You can also use one form of primary ID without your photo (eg. your birth certificate or citizenship papers) with one form of secondary ID (eg. your most recent power bill). Original and certified copies of documents are accepted.

Request a call back from a BCU specialist

Are you an existing BCU member?
We will use the information we collect about you to respond to your enquiry in accordance with our Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Important information

    Download Savings Account & Account Access Channels Terms and Conditions
    Download Savings and Transaction Account Interest Rate Schedule
    Download Fees and Charges