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
  • Ability to earn up to $40 annually through Healthy Moves Program*

1.20% pa
Interest Rate

1.20% pa1
Additional Bonus Rate

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  Key Features:

Active Saver Account
Interest Rates
Maximum rate1.20% pa
Bonus interest rate1.20% pa1
Tiered Rates
$0 - $5,0001.20% 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. Healthy Moves Reward Program via participating schools only2
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 Conditions apply. ^Bonus interest is earned when a minimum $5 is deposited into the account each month and no withdrawals are made.

2 Conditions apply. *Healthy Moves Reward Program: earn 1 stamp for every walk/ride to school activity you make at participating primary schools. 20 stamps provides a $5 reward into the account, account holders can earn up to a maximum $40 per year / $10 per term.