BCU Bank offers three current savings accounts. The Boss Saver pays 5.25% p.a. (0.20% base + 5.05% bonus) on balances up to $100,000 when you deposit at least $500 into a linked Access Account and make 5 or more card purchases each month. The Power Saver pays 5.10% p.a. (0.50% base + 4.60% bonus) up to $250,000 when you deposit at least $100 and make no withdrawals in the month. The Bonus Saver pays 5.35% p.a. for the first 4 months only (0.05% base + 5.30% introductory rate) on balances up to $5,000,000, reverting to 0.05% p.a. after — it has no ongoing bonus.
BCU Bank offers term deposits from four months to three years with a $1,000 minimum deposit. The strongest rate is 5.15% p.a. on the five-month term, paid at maturity. The 12-month term offers 5.0% p.a., while rates decline significantly for longer terms, dropping to 3.35% p.a. at three years. Mid-range terms from seven to ten months cluster around 3.55% to 3.85% p.a.
Deposits with BCU Bank are protected under the Financial Claims Scheme up to $250,000 per account holder per ADI.