Bonus Saver account
Bonus rate
Includes standard rate
Variable interest rate: | 4.35% p.a. 1 |
Applies when you make at least one deposit of $20 and make no withdrawals or transfers in the month.
Standard rate
Excludes bonus rate
Variable interest rate: | 0.05 % p.a. 1 |
Applies when bonus conditions are not met.
From 1 October 2024, we'll be removing the External Transfer Fee and the Over-the-Counter Withdrawal Fee from all Bonus Saver Accounts moving forward. The Bonus Saver Account will also officially be removed from our transaction rebate system. Please note that you will lose your bonus interest if you make withdrawals or transfers from your Bonus Saver Account in that month.
Predictable
Set up a regular savings plan and be rewarded with interest calculated daily and paid monthly.
Realistic
Bonus interest conditions give you an incentive to save without dipping in.
Easy
It's easy to keep track of your savings goals with alerts and our mobile app.
Features
$0
Alerts
Set up free SMS and email alerts via Internet Banking to keep track of your balance.
$0
Monthly fees
No monthly fees so you can maximise your savings.
$20
Minimum monthly deposit
No big hurdles - you're rewarded even if you're starting small.
How to apply
Using our online application form, you can apply to become a member and open an account. We will verify your ID online and if unsuccessful, will contact you to get another form of ID.
Invest for a term
Take a look at our latest term deposit options for more ways to grow your nest egg.
Find out moreFees and charges
You may be charged for external internet banking transfers and other specially requested services. Refer to our latest fees and charges schedule for more information.
1 Rates are current as at 01/12/23 and subject to change without notice. Standard interest of 0.05% p.a. applies when bonus conditions are not met. Bonus is paid when you make at least one deposit of $20 in the month and make no withdrawals or transfers in the month. You can view Target Market Determinations here.
Community First Credit Union LimitedABN 80 087 649 938 | Operating as Community First Bank | AFSL and Australian credit licence 231204| BSB 512-170