People First Bank

Credit union
www.peoplefirstbank.com.au ↗

People's Choice is an Australian credit union offering several savings accounts with varying rate structures. The Dream Fund pays the highest ongoing rate at 4.75% on balances up to $100,000, provided the account balance grows each month excluding interest credits. The Online Saver Account offers a 4.35% promotional rate for four months on new accounts up to $100,000, reverting to a 2.95% base rate. The Target Bonus and Youth Target Bonus accounts both earn 4.00% when at least one deposit is made and no withdrawals occur.

Savings Accounts

4.75% p.a.
ongoing rate
Rate breakdown
Base rate: 0.01%
Bonus rate: + 4.74%
How to earn it

Bonus interest paid in any month the account balance grows (not including interest credits)

Bonus rate applies on balances up to $100,000

+3.89% — Bonus interest paid in any month the account balance grows (not including interest credits)

Rate current since 5 May 2026.
Rate breakdown
Base rate: 2.95%
Bonus rate: + 1.40%
How to earn it

Introductory promotional rate for the first 4 months on new accounts only, for balances up to $100,000. No ongoing bonus conditions after the promotional period ends.

Bonus rate applies on balances up to $100,000

Rate current since 4 Apr 2026.
Rate breakdown
Base rate: 0.01%
Bonus rate: + 3.99%
How to earn it

bonus interest will be applied to all balances if at least one deposit and no withdrawals are made

Rate current since 4 Apr 2026.