Compare Police Bank savings accounts
Members of the Australian police force and their families can build a better financial future with Police Bank.
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The roots of Police Bank go back to 1964, when it was formed in one small Sydney police station to help enable police to easier access financial products. The first loan provided was for a mere 100 pounds, were today they are able to provide loans in the six figures as well as a full range of savings and transaction account products.
Police Bank savings accounts, bank accounts and term deposits
Police Bank savings accounts
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How we picked theseHow the Finder Score helps you find a better savings account
The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.
We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?
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Police Bank bank accounts
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Police Bank term deposits
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Finder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.
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What are the pros and cons of banking with Police Bank?
Pros
- Multiple savings options
- Convenient banking via mobile banking and internet banking
Cons
- Limited branch network (depending on your location)
How to apply for a Police Bank savings account
Applying online for a new bank account is fast and easy. You'll need identity documents such as your driving licence or passport. For more about the process, check out our full guide to opening an account online.
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I have a Police Bank account and want to know the percentage for a 12 month term deposit for $140,000
Hi Judy,
Thanks for your question.
At the time of writing, a 12 month term deposit is offering 2.85%p.a. (interest paid at maturity).
Police Bank offer a wide range of term deposits, I’d encourage you to give them a call to see what they can offer you.