Credit union savings account
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Let your savings take off with the Bonus Saver Account
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The secret to saving is to follow a regular pattern. A small amount put away on a regular basis will soon grow into something worthwhile - and whether you are saving for a car, holiday, deposit on a home or other special purchase, you'll get there faster by sticking to a savings plan through Community First.
The Bonus Saver account is designed to help you to do just that. It encourages you to save by rewarding you with bonus interest on your savings when you make regular contributions and stick to your savings plan.
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How does it work?
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Bonus interest of 3.25% p.a.* is paid when you deposit a minimum of $20.00 and make no withdrawals each calendar month. Standard interest of 0.10% will apply when these conditions are not met.
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Features and benefits
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| - No monthly account keeping fees
- No minimum balance required to open the account
- Interest is calculated on a daily basis and paid monthly
- Ability to make direct credits and regular deposits, including salary deposits
- Free withdrawals^
- Optional deposit book
- Deposit balances over $5,000 contribute to your Member Allowance which can help you bank fee free with Community First.
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Managing your account
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To help make managing your account easy, following are the ways in which you can manage your savings and watch them grow:
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- Internet Banking (optional)
- Mobile Banking (optional)
- Telephone Banking (optional)
- E-statements (optional)
- Over the counter at our 11 Financial Services Stores
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Get the complete package with your Bonus Saver Account and simplify your everyday banking
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To make managing your money simple, combine the Bonus Saver Account with an AutoPay account for paying bills and an Access account for your everday spending. When packaged together, these three accounts help you better organise your savings, spending and bills to make managing your money a whole lot easier.
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Find out more about account packaging >>
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Calculate your savings
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Our interactive calculators can help you plan for, budget and calculate your savings over time:
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Our product Conditions of Use are available on this website. You should read and consider these Terms and Conditions when deciding to use any product. ^ Bonus is paid when you deposit $20 per month and make no withdrawals. Standard interest of 0.10% p.a. applies when bonus conditions are not met.
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