The pros are that the staff of this credit union know their customers personally; you can contact them easily if travelling overseas; it is covered by government bank protection guarantee; and it is non-profit so that profits are directed back to the customers. The only possible con could be for those who don't do internet banking as there are few branches.
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From 1 Feb 2022, minimum deposit of at least $250 in the previous month.
Bonus rate of 1.20%. Deposit $2,000 each month and make 5 eligible payments from your Go Account. If you are between 18 and 25 deposit $1,000.
Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Glide transaction account.
Make at least 1 deposit and no more than 1 withdrawal, including internal transfers or external payments.
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