Community First CU Bonus Saver

Looking for a little encouragement to save? Community First can give you a push in the right direction.

Not everyone has the discipline to put money aside for that rainy day but with Community First Credit Union you are given an incentive to try harder. With just a small monthly deposit and no spending out of your savings, you are rewarded with a bonus interest rate. The higher competitive rate can quickly turn those few dollars deposited each month into enough to buy whatever it is that will make the sun shine on your rainy day.

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0.4% p.a.

Maximum variable rate

0.1%p.a.

Base interest rate

$20

Minimum deposit

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Details

Product NameCommunity First CU Bonus Saver
Maximum Variable Rate0.4% p.a.
Standard Variable Rate0.10%
Monthly Account Fee$0
Minimum Opening Deposit$0
Minimum Age18

Key features

Joining the credit union

In order to take advantage of any of the products offered by Community First you will first be asked to become a member of this credit union. This can be done online and entails paying $2 for your share.

Monthly account keeping fees

No charges will be made to your savings account for monthly services or maintenance.


How to apply

Eligibility

Existing Community First members will find it easy to apply through their online banking platform. If you are not already a member, you can fill out the membership application online. Before beginning, check to see that you are eligible both for becoming a member and opening the Bonus Saver Account:

  • Minimum age. While this account is available to all members regardless of age, if you are under 18 you will need to visit a branch in order to become a member of the credit union.
  • Residency requirements. Membership is open to Australian residents with a residential address either in Sydney or the Central Coast Region of Australia.

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