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Savings Accounts

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Our range of savings accounts are created with you in mind, leaving you confident that you're making the most from your money.

Easy Achiever Account

The Easy Achiever Account helps you save for that special event. Whether you're saving for your dream wedding, a special holiday or a deposit for a new car, the Easy Achiever Account can be tailored to suit your needs.

Offering a special bonus interest rate, the Easy Achiever Account rewards your hard savings efforts (conditions apply).

  • Accounts tailored to suit your specific needs
  • No monthly service fee
  • Bonus interest paid (conditions apply)
  • Withdrawals limited to in branch - to remove the temptation to spend
  • Passbook convenience - keep a record of your account balance and transaction history

Up to 0.15% pa
interest rate

Additional 2% p.a bonus interest rate

(conditions apply)

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easyNET Saver Account

This Internet-only account allows you to earn a high rate of interest, whilst having the flexibility to add or withdraw funds 24 hours a day, seven days a week.

  • Higher rate of interest
  • No transaction or service fees
  • Funds available At Call 24/7

Up to 1.60% pa
interest rate

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Christmas Club

Our Christmas Club Account is designed to make it easier to save for Christmas.

We can arrange to automatically deposit a nominated amount from your payroll, you can deposit over the counter or transfer from an at call account using our telephone or internet banking facilities. And best of all, you get the added convenience of a passbook to keep track of your savings.

  • Funds available in time for Christmas shopping
  • Great interest rate
  • Use your saved money instead of your credit card
  • Passbook convenience - keep a record of your account balance and savings history
Up to 1.00% pa
interest rate

Apply Now

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Savings Investment

The Savings Investment account is perfect for those who want to save for a later date or set aside extra cash for the long term, but still may need to access these funds occasionally.

  • Funds available at call
  • No monthly account keeping fees
  • Up to 4 fee free withdrawls per month
  • Periodic payments available
  • Passbook convenience - keep a record of your account balance and transaction history
Up to 2.00 % pa
Up to interest rate
Apply Now

Cash Management Account

If you have a high level of savings but still require 24 hour access to your money, our Cash Management Account may suit you. This account offers higher interest rates for those members who have a minimum of $5,000 to deposit.

  • Interest calculated daily and paid monthly
  • Higher interest rates than an ordinary savings account
  • Tiered interest rates for higher balances
  • Access your funds 24 hours a day, 7 days a week
  • Passbook convenience - keep a record of your account balance and transaction history
Up to 1.00% pa
interest rate

Apply Now

Enquire Now

Request a factsheet

 
  Compare our Savings accounts
Key Features Easy Achiever easyNET Saver Christmas Club Savings Investment Cash Management
Access to funds At Call

At Call

At Call between 1 November and 31 January 7 days notice required At call
Minimum opening balance $1 $1 $1 $500 $5,000
Interest income Bonus interest calculated on minimum daily balance and paid monthly Calculated on minimum daily balance and paid quarterly Calculated on minimum monthly balance and paid 31 October each year Calculated on minimum daily balance and paid each June and December Calculated on minimum daily balance and paid monthly
Monthly Service Fees No No No No No
Fee-free withdrawals 1 Unlimited via Internet Banking Unlimited between 1 November and 31 January 4 4
Fee-free deposits Unlimited Unlimited Unlimited Unlimited Unlimited
Special Conditions To receive bonus interest: $50 deposit and no withdrawals each month Internet transfer to nominated SWC transaction account only N/A N/A N/A
Access Methods
Passbook Optional No Optional Optional Optional
ATM/EFTPOS No No No No No
Over-the-counter transactions Yes No Yes Yes Yes
Phone Banking Yes No Enquiry Only Enquiry Only Yes
Internet Banking Yes Yes Enquiry Only Enquiry Only Yes
BPAY No Yes No No Yes
Personal Cheque facility No No No No No
Direct credits Yes Yes Yes Yes - over $100 Yes - over $500
Direct debits No No No No Yes - over $500
Periodic Payments No No No Yes Yes - over $500
Statements 6 monthly or as requested 6 monthly or as requested 6 monthly or as requested 6 monthly or as required 6 monthly or as required

Useful Links and Tools

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Applying for a South West Credit savings account is simple and quick. Apply Now

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Questions?

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