Compare CUA savings accounts for regular and flexible savers | Finder

Compare CUA savings accounts

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Credit Union Australia (CUA) has been working hard since the 1940s to become the largest customer-owned financial institution in Australia.

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CUA Everyday Youth Account
Promoted
$0
monthly fee
$0
ATM withdrawal fee
  • Google Pay, Apple Pay, Samsung Pay
  • Monthly fees: $0

CUA Everyday Youth Account

Compare CUA personal banking below

Data updated regularly
Name Product Card access ATM Withdrawal Fee Fee Free Deposit p.m. Monthly account fee
CUA Everyday Youth Account
Visa
$0
$0
$0
Designed for young Australians between 10 and 17 years old, a CUA Everyday Youth Account is designed to make everyday banking easier.
CUA Everyday Account
Visa
$0
$0
$0
Enjoy flexible payment options and access to a wide network of ATMs.
$0 monthly account fee.
Access to Google, Samsung and Apple Pay. Enjoy fee-free cash withdrawals from 10,000+ ATMs across Australia. Deposit $1,000+ into this each month and receive bonus interest on a linked CUA eSaver Reward Account.
CUA Everyday Snap Account
Visa
$0
$0
$0
Refund of international ATM withdrawal fees and international card transaction fees (conditions apply). Refund of overdrawn fees.
$0 monthly account fee. Unlimited fee-free everyday transactions.
Apple Pay, Google Pay and Samsung Pay available. Savings Top Up tool automatically transfers to linked savings account.
CUA Everyday Business Account
Visa
$0
$0
With no monthly account keeping fees and a linked Visa Debit card for easy access to your funds, this account is designed for your daily business spending. Option to add a commercial overdraft facility to manage your cash flow.
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Data updated regularly
$
$
months
Name Product Maximum Variable Rate p.a. Standard Variable Rate p.a. Bonus Interest p.a. Fees Interest Earned
CUA Youth eSaver Account (10-17 year olds only)
2.5%
2.5%
0%
$0
Ongoing, variable 2.5% p.a. Available on balances up to $5,000. Available for those aged 10-17 years.
CUA Youth eSaver Account (10-17 year olds only)
1%
1%
0%
$0
Ongoing, variable 1% p.a. Available on balances up to $5,000,000,000. Available for those aged 10-17 years.
CUA eSaver Reward Account
0.95%
0.05%
0.9%
$0
Ongoing, variable 0.95% p.a. when you link to an CUA bank account and deposit $1,000+ each month from an external account. Available on balances up to $100,000.
CUA eSaver Reward Account
0.05%
0.05%
0%
$0
Ongoing, variable 0.05% p.a. when you link to an CUA bank account and deposit $1,000+ each month from an external account. Available on balances up to $100,000,000.
CUA eSaver Flexi
0.4%
0.4%
0%
$0
Ongoing, variable 0.4% p.a. and at-call access to your savings. No deposit conditions or withdrawal restrictions. Available on the entire balance with no maximum balance limit.
CUA Everyday 50+ Account - Customers aged 50+ only
0.01%
0.01%
0%
$0
An everyday transaction account for over 50s with no monthly fees, no ATM withdrawal fees in Australia and with Apple Pay, Google Pay and Samsung Pay available.
CUA Everyday 50+ Account - Customers aged 50+ only
0.1%
0.1%
0%
$0
An everyday transaction account for over 50s with no monthly fees, no ATM withdrawal fees in Australia and with Apple Pay, Google Pay and Samsung Pay available.
CUA Everyday 50+ Account - Customers aged 50+ only
0.45%
0.45%
0%
$0
An everyday transaction account for over 50s with no monthly fees, no ATM withdrawal fees in Australia and with Apple Pay, Google Pay and Samsung Pay available.
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Data updated regularly
Name Product 3 Mths p.a. 4 Mths p.a. 5 Mths p.a. 6 Mths p.a. 7 Mths p.a. 12 Mths p.a. 24 Mths p.a.
CUA Term Deposit Account
0.50%
0.50%
0.50%
0.50%
0.50%
0.65%
0.65%
No account set-up fees or ongoing fees to pay.
The CUA Term Deposit offers a large range of term lengths from 1 month to five years. Minimum opening deposit is $5,000.
CUA Term Deposit Account $50,000+
0.50%
0.50%
0.50%
0.50%
0.50%
0.65%
0.65%
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Data updated regularly
Name Product Card access ATM Withdrawal Fee Fee Free Deposit p.m. Monthly account fee
CUA Everyday Youth Account
Visa
$0
$0
$0
Designed for young Australians between 10 and 17 years old, a CUA Everyday Youth Account is designed to make everyday banking easier.
CUA Everyday Account
Visa
$0
$0
$0
Enjoy flexible payment options and access to a wide network of ATMs.
$0 monthly account fee.
Access to Google, Samsung and Apple Pay. Enjoy fee-free cash withdrawals from 10,000+ ATMs across Australia. Deposit $1,000+ into this each month and receive bonus interest on a linked CUA eSaver Reward Account.
CUA Everyday Snap Account
Visa
$0
$0
$0
Refund of international ATM withdrawal fees and international card transaction fees (conditions apply). Refund of overdrawn fees.
$0 monthly account fee. Unlimited fee-free everyday transactions.
Apple Pay, Google Pay and Samsung Pay available. Savings Top Up tool automatically transfers to linked savings account.
CUA Everyday Business Account
Visa
$0
$0
With no monthly account keeping fees and a linked Visa Debit card for easy access to your funds, this account is designed for your daily business spending. Option to add a commercial overdraft facility to manage your cash flow.
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Data updated regularly
$
$
months
Name Product Maximum Variable Rate p.a. Standard Variable Rate p.a. Bonus Interest p.a. Fees Interest Earned
CUA Youth eSaver Account (10-17 year olds only)
2.5%
2.5%
0%
$0
Ongoing, variable 2.5% p.a. Available on balances up to $5,000. Available for those aged 10-17 years.
CUA Youth eSaver Account (10-17 year olds only)
1%
1%
0%
$0
Ongoing, variable 1% p.a. Available on balances up to $5,000,000,000. Available for those aged 10-17 years.
CUA eSaver Reward Account
0.95%
0.05%
0.9%
$0
Ongoing, variable 0.95% p.a. when you link to an CUA bank account and deposit $1,000+ each month from an external account. Available on balances up to $100,000.
CUA eSaver Reward Account
0.05%
0.05%
0%
$0
Ongoing, variable 0.05% p.a. when you link to an CUA bank account and deposit $1,000+ each month from an external account. Available on balances up to $100,000,000.
CUA eSaver Flexi
0.4%
0.4%
0%
$0
Ongoing, variable 0.4% p.a. and at-call access to your savings. No deposit conditions or withdrawal restrictions. Available on the entire balance with no maximum balance limit.
CUA Everyday 50+ Account - Customers aged 50+ only
0.01%
0.01%
0%
$0
An everyday transaction account for over 50s with no monthly fees, no ATM withdrawal fees in Australia and with Apple Pay, Google Pay and Samsung Pay available.
CUA Everyday 50+ Account - Customers aged 50+ only
0.1%
0.1%
0%
$0
An everyday transaction account for over 50s with no monthly fees, no ATM withdrawal fees in Australia and with Apple Pay, Google Pay and Samsung Pay available.
CUA Everyday 50+ Account - Customers aged 50+ only
0.45%
0.45%
0%
$0
An everyday transaction account for over 50s with no monthly fees, no ATM withdrawal fees in Australia and with Apple Pay, Google Pay and Samsung Pay available.
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Data updated regularly
Name Product 3 Mths p.a. 4 Mths p.a. 5 Mths p.a. 6 Mths p.a. 7 Mths p.a. 12 Mths p.a. 24 Mths p.a.
CUA Term Deposit Account
0.50%
0.50%
0.50%
0.50%
0.50%
0.65%
0.65%
No account set-up fees or ongoing fees to pay.
The CUA Term Deposit offers a large range of term lengths from 1 month to five years. Minimum opening deposit is $5,000.
CUA Term Deposit Account $50,000+
0.50%
0.50%
0.50%
0.50%
0.50%
0.65%
0.65%
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Data updated regularly
$
$
months
Name Product Maximum Variable Rate p.a. Standard Variable Rate p.a. Bonus Interest p.a. Fees Interest Earned
Westpac Life (18-29 year olds only)
3%
0.2%
2.8%
$0
If you’re between 18-29, you can earn a 3% p.a. variable rate each month you grow your balance (excl. interest) and make 5+ settled debit card purchases from your linked Westpac Choice account, up to a balance of $30,000.
Westpac Life (18-29 year olds only)
0.4%
0.2%
0.2%
$0
If you’re between 18-29, you can earn a 0.4% p.a. variable rate each month you grow your balance (excl. interest) and make 5+ settled debit card purchases from your linked Westpac Choice account, up to a balance of $30,000.
MyState Bank Bonus Saver Account
1.1%
0.1%
1%
$0
Ongoing, variable 1.1% p.a. when you deposit at least $20 into the account each month and make 5 or more Visa Debit card transactions from a linked MyState transaction account. Bonus interest available on balances up to $250,000.
MyState Bank Bonus Saver Account
0.1%
0.1%
0%
$0
Ongoing, variable 0.1% p.a. when you deposit at least $20 into the account each month and make 5 or more Visa Debit card transactions from a linked MyState transaction account. Bonus interest available on balances up to $25,000,000.
AMP Saver Account
1.25%
0.1%
1.15%
$0
Earn an ongoing variable 1.25% p.a. when you deposit at least $250 a month, with no monthly spend requirements to meet. Available on balances up to $250,000.
AMP Saver Account
0.1%
0.1%
0%
$0
Earn an ongoing variable 0.1% p.a. when you deposit at least $250 a month, with no monthly spend requirements to meet. Available on balances up to $250,000.
HSBC Flexi Saver Account
0.25%
0.05%
0.2%
$0
Ongoing, variable 0.25% p.a. when you grow your balance by $300+ per month. Earn bonus interest even if you make withdrawals during the month. Available on balances up to $5,000,000.
HSBC Flexi Saver Account
0%
0%
$0
Ongoing, variable 0% p.a. when you grow your balance by $300+ per month. Earn bonus interest even if you make withdrawals during the month. Available on balances up to $5,000,000,000.
Bankwest Hero Saver
0.8%
0.01%
0.79%
$0
Ongoing, variable 0.8% p.a. rate when you deposit at least $200 each month and make no withdrawals. Available on balances up to $250,000.
Bankwest Hero Saver
0.01%
0.01%
0%
$0
Ongoing, variable 0.01% p.a. rate when you deposit at least $0 each month and make no withdrawals. Available on balances up to $250,000.
Bank of Queensland Fast Track Starter Account (for 14-24 year olds only)
3%
0.05%
2.95%
$0
Only available to those aged 14-24. Ongoing, variable 3% p.a. when you link to an BOQ Day2Day Plus Account, deposit $200+ into the Day2Day account each month from an external account and make 5 eligible transactions a month. Max bonus interest applies on balances up to $10,000. Balances between $10,001 and $250,000 will earn a lower bonus rate. Base rate applies on balances over $250,000.
Bank of Queensland Fast Track Starter Account (for 14-24 year olds only)
1.05%
0.05%
1%
$0
Only available to those aged 14-24. Ongoing, variable 1.05% p.a. when you link to an BOQ Day2Day Plus Account, deposit $200+ into the Day2Day account each month from an external account and make 5 eligible transactions a month. Max bonus interest applies on balances up to $10,000. Balances between $10,001 and $250,000 will earn a lower bonus rate. Base rate applies on balances over $250,000.
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Awards the CUA has earned

  • Money Magazine Consumer Finance Awards – Credit Union of the Year 2015
  • AB+F Awards – Australian Financial Institution of the Year Non Big Four 2015

Who is CUA?

CUA operates across all of Australia, inviting all residents to join with no restrictions. Now over 400,000 Australians choose CUA for their banking needs.

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What transaction accounts does CUA offer?

  • CUA Everyday Account. The everyday account provides you with a Visa debit card, allowing you to make direct debit purchases where is Visa is accepted, as well as withdraw cash with no fees at any one of the over 3,000 rediATMs found in Australia. Help your savings, or someone else’s, grow with a top up feature that transfers your spare change to a savings account with every Visa purchase made over $10.
  • CUA Everyday Youth Account. Young Australians aged 10 to 17 can manage their own pocket money from a fee free transaction account. Depending on your age you will either be issued a Visa debit card or rediCARD to use to make your daily purchases and cash withdrawals.
  • CUA Everyday 50+ Account. Managing your retirement and pension funds can be done with ease, using one fully equipped transaction account where interest is also earned at a competitive rate on your balance. Seniors are also provided flexibility in the way they choose to bank, with both online access to their money or teller assisted transactions at a local branch.

What high interest savings accounts does CUA have?

  • CUA Youth eSaver Account. Designed to meet the savings ambitions of 10 to 17 year olds, the Youth eSaver is an online savings account with a high rate of interest no matter how many withdrawals or deposits you make in a month. On your 18th birthday, this account will automatically revert to the standard eSaver Account from CUA.
  • CUA eSaver Flexi Account. An online savings account with an ongoing, variable rate and no deposit or withdrawal conditions.
  • CUA eSaver Reward Account. Earn bonus interest when you deposit $1,000 or more to your CUA everyday transaction account. You can make withdrawals and still earn interest.

What term deposits can CUA provide?

With a minimum deposit of $5,000, you can lock your savings into a CUA term deposit for one month or up to three years. This high interest earning savings account rewards you with higher interest the longer you keep it in your account. Keep in mind that these types of accounts do not allow easy access, and you will be charged the difference in interest and other fees if you withdraw the money before the end of the terms you signed on for.

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What are the pros and cons of banking with CUA?

Pros

  • Convenience. CUA savings accounts are managed from online, making it easy to keep track of its growth.
  • Bonus rates. With the completion of certain monthly conditions, your savings can be boosted with a bonus interest rate.
  • Youth accounts. CUA provides specially structured accounts for young Australians to learn both how to save and how to manage their daily expenses.
  • Discounted health insurance. CUA members can benefit from a 4% discount on CUA Health insurance. Find out more here.

Cons

  • Not that many branches. There aren't many CUA bank branches in smaller / regional areas.
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How do I apply for an account offered by CUA?

Before applying for a CUA account, you should compare the account features against others offered in the market to see if the account meets your personal financial needs. If you like the features of the CUA savings accounts, first become a member of the credit union by visiting a branch and providing them with the proper identifying documents.

  • Application. Once you have become a member of CUA you are free to apply for their savings accounts products online.
  • Eligibility. Keep in mind that some of the savings accounts offered by CUA are designed for certain age groups. Ensure that you are eligible for the account you are applying for by clicking the age requirement careful.
  • Linked account details. You will need to be prepared with your linked account information so that you can begin to make deposits into your new savings account.

It is possible that CUA will ask for additional information before issuing a savings account in your name. Once they have verified your identity, the account details will be sent to you and you can begin making your deposits. Ensure that you have compared the account details and features carefully before making a commitment with your savings to any one account.

More guides on Finder

  • CUA Everyday Snap Account Review

    A bank account with no account-keeping fee and a suite of premium digital features, like mobile payments solutions to suit any OS, plus a Savings Top Up feature. Receive rebates on overseas and overdrawn fees when you meet certain deposit and transaction conditions.

  • CUA Everyday 50+ Account

    Get an everyday transaction account for over 50s with no monthly fees, no ATM withdrawal fees in Australia and with Apple Pay, Google Pay and Samsung Pay available.

  • CUA eSaver Flexi

    The CUA eSaver Flexi savings account offers an ongoing rate of 1.30% p.a. with no account conditions to meet.

  • CUA eSaver Reward Account

    The CUA eSaver rewards you for making regular deposits and lets you withdraw your money when you want it without penalty.

  • CUA Everyday 55+ Account

    The CUA Everyday 55+ Account is no longer available to new customers. This information is for existing customers only.

  • CUA Everyday Youth Account

    Start learning the fundamentals of banking now with an everyday account specially designed for younger Australians.

  • CUA Everyday Account

    Simplify your daily spending with an easy-to-access account from CUA.

  • CUA Term Deposit Account

    With CUA’s flexible terms, you can earn a higher rate of interest and still be able to get to your funds when you need them.

  • CUA Youth eSaver Account

    A highly competitive interest rate makes the Youth eSaver Account one that can help you be financially ready for adulthood.

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12 Responses

    Default Gravatar
    PrueJuly 10, 2019

    What is your highest interest rate for savings

      Default Gravatar
      NikkiJuly 10, 2019

      Hey Prue,

      Thanks for your inquiry.

      As of this writing, the savings account that owns the highest interest rate is the CUA Youth eSaver Account. As stated in our review, this account is meant for Australians between the ages of 10 and 17 who must be listed as the only account holder. No joint account holders are permitted although a parent or guardian may be given the authority to monitor the account.

      If you’d like to open an account, press the ‘Go to site’ button above to be redirected to CUA’s website. As a friendly reminder, review the eligibility criteria, fees, interest rates, and terms & conditions of this account before applying. Feel free to reach out to the bank if you need any clarifications.

      Hope this helps! For any further questions, feel free to reach out to us again, we’re here to help.

      Cheers,
      Nikki

    Default Gravatar
    KenMay 19, 2016

    I have an esaver account Can you please let me know what interest rate I am getting?
    Thanks

      Default Gravatar
      TonyMay 25, 2017

      Hi. I have a term deposit account with CUA, that matures soon.
      This account is for the persons over 55 years of age and last year an extra 0.1 percent was added above the advertised rate will this be added to the current rate?

      Avatarfinder Customer Care
      HaroldMay 26, 2017Staff

      Hi Tony,

      Thank you for your inquiry.

      The rate will remain the same until your term deposit account matures. It is a fixed rate for the duration of the term. When the account reaches maturity, if you opted to roll over the funds into a new CUA term deposit, the new term deposit account will receive the new rate.

      I hope this information has helped.

      Cheers,
      Harold

      Default Gravatar
      euniceMay 12, 2017

      What interest rates do you pay on my Premium Plus account?
      I cant find any reference to a PP account on your website.
      What would be the best account for me to have access to?

      Default Gravatar
      LiezlMay 13, 2017

      Hi Eunice,

      Thank you for your question. Just to confirm though, you have come through finder.com.au, not actually CUA.

      CUA doesn’t have premium plus account, with them it’s eSaver Boost account which pays an interest rate of 2.85% p.a., provided you meet certain monthly conditions.

      As for the best account to maintain, that would entirely depend on your saving habits, financial needs and how accessible you want your savings to be.

      I hope this helps.

      Cheers,
      Liezl

      Avatarfinder Customer Care
      ShirleyMay 20, 2016Staff

      Hi Ken,

      Thanks for your question. Please note there are multiple esaver accounts.

      Could you please confirm the entire name of your savings account with CUA?

    Default Gravatar
    AllanApril 27, 2016

    What is the nearest office to post cod 3220

      Avatarfinder Customer Care
      ShirleyApril 28, 2016Staff

      Hi Allan,

      Thanks for your question.

      The closest CUA branch to your postcode is:

      Werribee
      Cnr Derrimut & Heaths Rd
      Shop 124 Werribee Plaza Werribee VIC, 3030

    Default Gravatar
    KeithJanuary 17, 2016

    Do you have an office in Perth WA

      Avatarfinder Customer Care
      ShirleyJanuary 18, 2016Staff

      Hi Keith,

      Thanks for your question.

      There is a CUA located at 321 Murray St, Perth WA 6000.

      Cheers,
      Shirley

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