My Credit Union

Active Saver Account

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A great account to kick start your child's savings. Offering a fantastic interest rate to boost your child's account balance and the ability to earn bonus interest^.

  • Great Interest rate
  • Bonus interest^
  • Fee Free Banking

Up to
0.50% pa1
Interest Rate

Up to
0.50% pa2
Additional Bonus Rate

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  Key Features:

Active Saver Account
Interest Rates
Maximum rate0.50% pa1
Bonus interest rate0.50% pa2
Tiered Rates
$0 - $5,0000.50% pa
Over $50000% pa
Key Features
Minimum opening balance$1
Interest incomeCalculated on the minimum daily balance, paid monthly. Interest is only payable on balances up to $5,000. 
Fee-Free Withdrawals Limited to one withdrawal per month
Fee-Free DepositsUnlimited
Special ConditionsTo receive bonus interest $5 deposit and no withdrawals each month.
Access Methods
Access to fundsAt Call
ATM/EFTPOS accessNo 
Internet BankingEnquiry Only
Banking AppEnquiry Only
BPAY®No 
Direct creditYes 
Direct DebitYes, this is considered a withdrawal on the account
Periodic paymentsNo 
Statements6 monthly or as requested
Branch accessYes 

  Additional Information:

 

1 Interest is only payable on balances up to $5,000.

2 Conditions apply. ^Bonus interest is earned when a minimum $5 is deposited into the account each month and no withdrawals are made.