While they advertise that they're not like banks and they don't charge fees - what they neglect to tell you is what they call a MUTUALITY BENEFIT PROGRAM! When I enquired what these charges on my account were I was told they are charged when you go over the monthly number of transactions or use another banks ATM! When I asked about the name, the cashier said "It mutually benefits US" meaning the Credit Union! Needless to say, I closed my account and walked 30m down the road to open an account with NAB and have been extremely happy with their banking options and fees.
Like this financial institution as you get great customer assistance. Internet banking is easy to use. Also if no branch near you, you can access them through NAB. If you have questions a real person can answer you and post details.
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Savings account comparisons on Mozo - rates updated daily
Growth Saver Account
1.80% p.a.(for $0 and over)
standard interest rate
0.20% p.a.(for $0 and over)
Govt Deposit Guarantee
Yesup to $250,000
Grow your balance by $200 or more and make no more than one withdrawal in the month.
Ongoing bonus rate applied if in the previous month $1,000 or more is credited to the linked Day2Day Plus account and 5 eligible transactions are made by the linked account. (This second requirement has been paused until 31 August 2020).
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