BDCU Alliance Bank Retirement Account

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Earn up to 1% p.a. interest on your retirement savings and easily access your funds at any time with a BDCU Alliance Bank Retirement Account.

Important information

The BDCU Alliance Bank Retirement Account is no longer available for new applications. Although the bank account cannot be applied for, the information on this page has been kept for the benefit of existing customers and for those who are interested. If you would like to compare other BDCU Alliance savings accounts, please go through our main BDCU Accounts Page.
The BDCU Alliance Bank Retirement Account is designed to make it as easy and convenient as possible for you to manage your money during retirement. Providing easy access to your funds via Internet banking, ATMs, cheque withdrawals and more, the account ensures that you can always spend money whenever you need to. However, it also pays competitive tiered interest of up to 1% p.a. on your account balance, helping you save for a comfortable retirement.

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Details

Product NameBDCU Alliance Bank Retirement Account - DISCONTINUED
Maximum Variable Rate1% p.a.
Standard Variable Rate1.00%
Monthly Account Fee$6
Minimum Age55

Key features

No minimum opening balance requirements

There are no minimum opening or ongoing balance requirements attached to the BDCU Alliance Bank Retirement Account. However, maintaining your balance above $2,000 each month will ensure that the $6 monthly transaction fee is waived.

Tiered interest rates of up to 1% p.a.

The account pays tiered interest on your savings balance to help your money go further in your retirement. Balances of up to $10,000 earn 0.1%, while the portion of your balance above $250,000 earns 1%

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How to apply

If you're searching for an account that combines competitive interest-earning power with easy access to your retirement savings, the BDCU Alliance Bank Retirement Account has plenty of attractive features. If you'd like to find out more, click on one of the "Apply now" links on this page and you will be redirected to the BDCU Alliance Bank website. There you can find a downloadable application form as well as information on how to apply.

Application options

There is no option to apply for a BDCU Alliance Bank Retirement Account online. Instead, to apply you will need to choose one of the following options:

  • Download and complete a form. You can download a form from the bank's website, print it out and fill in your details. Completed forms can be submitted by post or in person.
  • Visit an Advice Centre. Visit your nearest BDCU Alliance Bank to apply for an account in person.

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