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Compare BDCU Alliance Bank Savings Accounts

Save for a secure financial future with a savings account from BDCU Alliance Bank.

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BDCU Alliance Bank

BDCU Alliance Bank is a customer-owned bank based in regional NSW. Headquartered in Bowral, it is part of the Alliance Bank Group with Bendigo and Adelaide Bank, and offers a wide range of transaction accounts, savings accounts and other financial products to its customers.

Important information

On April 2023, BDCU Alliance Bank has merged with Bendigo Bank.
Existing BDCU Alliance Bank customers will be notified directly about changes to their banking.

1 - 11 of 11
Name Maximum Variable Rate p.a. Standard Variable Rate p.a. Intro/Ongoing Government Guarantee Monthly Max Rate Conditions
Ubank High Interest Save Account
Ubank logo
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $500
  • Savings up to $100,000
Go to siteView details
Rabobank PremiumSaver
Rabobank logo
Maximum Variable Rate p.a.
5.35%
Standard Variable Rate p.a.
1.45%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow your balance by $200+ each month
  • Balances up to $250,000
Go to siteView details
ING Savings Accelerator ($150,000 - $500,000)
ING logo
Maximum Variable Rate p.a.
5.40%
Standard Variable Rate p.a.
4.70%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Welcome rate applies up to $500K
Go to siteView details
Ideal for higher balances, savers can earn up to 5.4% for the first 4 months and up to 4.7% thereafter. There are no conditions and $0 account-keeping fees.
ING Savings Accelerator ($150,000 - $500,000)
ING logo
Maximum Variable Rate p.a.
5.40%
Standard Variable Rate p.a.
4.70%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Welcome rate applies up to $500K
Go to siteView details
Suncorp Bank Growth Saver Account
Suncorp Bank logo
Maximum Variable Rate p.a.
5.05%
Standard Variable Rate p.a.
0.35%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance by $200 each month (excl. interest)
  • Only 1 withdrawal
  • No balance limit on earning interest
Go to siteView details
ING Savings Maximiser
ING logo
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
0.55%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 transactions
  • Grow your balance
  • Balances up to $100,000
Go to siteView details
Get 6 months free delivery and $50 Menulog credit with a new Orange Everyday & Savings Maximiser account. New ING customers only. Use code INGMENU1 and activate accounts by 24 Nov 2024. T&Cs apply.
Macquarie Savings Account
Macquarie Bank logo
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
5.00%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Balances up to $250,000
Go to siteView details
First Option Bank Savings+Bonus Account
First Option Bank logo
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
2.00%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $100
  • No withdrawals
  • Balances up to $249,999
Go to siteView details
Westpac Life (18-29 year olds only)
Westpac logo
Maximum Variable Rate p.a.
5.20%
Standard Variable Rate p.a.
1.85%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Make a deposit
  • Grow your balance
  • 5 debit card purchases
  • Balances up to $30,000
Go to siteView details
BCU Bonus Saver
BCU logo
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
1.00%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
St.George Incentive Saver
St.George Bank logo
Maximum Variable Rate p.a.
5.25%
Standard Variable Rate p.a.
1.85%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance $50 ($0.01 if under 21)
  • Balance up to $249,999.99
Go to siteView details
Extra 0.10% p.a. for 3 months for new customers who apply online, with balances under $250,000.
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Showing 11 of 11 results

Who is BDCU Alliance Bank?

BDCU Alliance Bank is part of the Alliance Bank Group. The Group is an alliance of four independent mutual entities (BDCU Limited, AWA Mutual Limited, Service One Mutual Limited and Circle Mutual Limited) with Bendigo and Adelaide Bank. This enables BDCU to offer banking products on behalf of Bendigo and Adelaide Bank, while also keeping its own branding and maintaining its local presence throughout the Southern Highlands region of NSW.

If you’re looking for a bank account to suit your financial needs, BDCU offers a variety of transaction accounts, savings accounts and term deposits. These accounts combine flexible features with competitive interest rates, as well as personalised customer service for every member.

What is Internet banking like for BDCU Alliance Bank?

BDCU’S Internet Banking portal allows members to access their accounts, check transaction details and statements, pay bills and transfer funds to other accounts. The bank also uses sophisticated firewalls and 128-bit SSL encryption to ensure the security of your funds.

There are three ways to register for BDCU Alliance Bank Internet Banking:

  • Download a form. Complete a downloadable form and submit it by post or in person.
  • Visit an Advice Centre. Visit your nearest BDCU Advice Centre to register in person.
  • Phone BDCU. Phone BDCU’s customer service line to be talked through the sign-up process.

Notable features include:

  • Secure worldwide account access 24/7
  • View or print account balances and transaction history
  • Pay bills via BPAY
  • Transfer funds to other individuals or businesses
  • View interest earned or charged

What about the mobile app?

Image Source: App Store
Login PageAccount BalancePayments

What transaction accounts are offered by BDCU Alliance Bank?

Concession Account

Designed for customers who receive an Australian Government pension, this account features funds available at call and no minimum monthly or opening balance requirements. Access is by card, Internet and phone banking, while an optional cheque book is also available.

FLEX Account

If the total value of loans and deposits you hold with BDCU exceeds $2,000, this account doesn’t charge any transaction fees. Other features include no opening or monthly balance requirements, card access and an optional cheque book.

Home Loan Offset Account

This transaction account can be linked to your BDCU home loan and provide a 100% offset benefit. There are no monthly fees, no fees for eligible transactions and no minimum balance requirement.

Retirement Account

Designed to help members over the age of 55 enjoy their retirement, this account offers hassle-free everyday banking. Your funds are available at call and there is no minimum opening balance.

What high-interest savings accounts are offered by BDCU Alliance Bank?

My Community Savings Account

This online savings account allows you to provide support to a nominated community organisation. It has no opening or monthly balance requirements, no monthly fees, and your funds are available at call.

Bonus Saver Account

This account pays bonus interest every month you deposit at least $10 and make no withdrawals. There is no minimum monthly balance requirement and no monthly transaction fee, and interest is calculated daily.

Junior Bonus Saver Account

This under-18s account pays bonus interest every month you deposit at least $10 and make no withdrawals. There is no minimum monthly balance requirement and no monthly transaction fee, while interest is calculated daily.

Christmas Club Account

Designed to help you save money for Christmas, this account has access restrictions to stop you dipping into your savings. It features a competitive variable rate and there are no minimum balance requirements.

What term deposits are offered by BDCU Alliance Bank?

If you want to securely invest your money in a term deposit, BDCU Alliance Bank offers term-deposit accounts with terms ranging from 1 to 24 months. With a minimum investment of $1,000, interest rates vary depending on your deposit amount and term chosen. You can also select to have interest paid on maturity, six-monthly or monthly.

What are the pros and cons of banking with BDCU Alliance Bank?

Pros

  • Wide range of options. BDCU offers an extensive range of transaction accounts and savings accounts, as well as a wide choice of terms on a term-deposit account.
  • Personalised service. As a member-owned institution, BDCU aims to offer friendly and personalised customer service to all members.
  • No minimum monthly balance. There are no minimum monthly balance requirements on any BDCU savings accounts, while many accounts also do not have any minimum opening balance requirements.

Cons

  • Small branch network. With a branch network in the Southern Highlands of NSW, BDCU’s Advice Centres may not be easily accessible for all customers.

How do I apply for an BDCU Alliance Bank account?

If you’d like to apply for a savings account with BDCU Alliance Bank, you can do so in three ways:

  • Download a form. Download, print and complete an application form before submitting it by post or in person.
  • Visit an Advice Centre. Visit your nearest BDCU Advice Centre to register in person.
  • Phone BDCU. Phone BDCU if you’d like to be guided through the process.

BDCU Alliance Bank offers competitive savings and transaction accounts with a range of flexible features. However, remember to compare accounts at finder.com.au to find the right product for you.

Compare other products from BDCU Alliance Bank

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