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Bonus Saver

Get what you want sooner! And get it with a great bonus on your savings.

If you’re saving for something and don’t want the temptation of accessing your investment for your everyday spending, a Bonus Saver could be the perfect way for you to save big!

How does Bonus Saver work?

  1. Earn a 1.40%p.a. base rate on balances less than $5,000
  2. Increase your savings to $5,000 or more, make no withdrawals in any month, and receive an additional 4.25%p.a.
  3. That’s up to 5.65%p.a. for your entire savings!

Get what you want sooner with:

  • $0 account keeping fees
  • A high interest rate of up to 5.65%p.a.
  • $50 free monthly transaction allowance to use at ATMs, and EFTPOS etc. when you have $10,000 or more in savings^

Base rate:
1.40% pa

Bonus rate:
4.25% pa

Bonus Saver features:

  • Interest calculated daily and credited to your account on the last day of the month
  • Access your funds through Telephone and Online Banking, and by dropping into your nearest branch
  • No direct access via card to your Bonus Saver. For access you need to move funds into your general savings account.
  • Pay your bills via BPAY
  • Set up direct credits or debits

We beat the banks!

See our weekly report below which shows you how our Bonus Saver compares to the banks.

  Compare us today
Institution Product Interest Rate p.a. Bonus Interest Rate p.a. Total Interest Rate p.a.
QSCU Bonus Saver 1.40% 4.25% 5.65%
NAB Smart Reward Saver 0.01% 5.75% 4.46%
Commonwealth GoalSaver 2.50% 3.00% 5.50%
Westpac Reward Saver 1.00% 4.50% 5.50%
Source of competitor rates: mozo.com.au
Rates current as at 20 February 2012

Calculate

Use our calculators to see what interest you could earn on your savings.

  Calculate
Find out more
Apply now

Both Members and non-Members can apply for a savings account or membership using the same online form

Apply for a QSCU Bonus Saver

Rates current as at 21 December 2011

^Debit transactions are included in the transaction allowance for the primary owner’s membership. Refer to the fees and charges brochure for more information. $50 free transaction allowance applies for loan and deposit balances of $10,000 or more. The allowance will reduce if total balances fall below $10,000. A higher allowance applies for balances of $25,000 or more.