The CUA eSaver Flexi savings account is simple and flexible, with an interest rate of 1.00% p.a. on balances starting from $0 and no bonus interest conditions. On top of this, this account charges no ongoing account fees and gives you unlimited free transactions over the phone and online, making it a great set and forget option for savers.
Plus it's a winner! The eSaver Flexi just received a 2020 Mozo Experts Choice Award in the best SMSF No Strings Savings category.
With CUA’s eSaver Flexi account you could see your savings grow with very minimal effort at all. That’s because this account has a solid ongoing interest rate of 1.00% p.a. from the moment you open it with no minimum deposit requirements, so you can start earning interest in any circumstnce.
The only real downfall with this is that you aren’t being rewarded for regular deposits with a bonus interest rate. But if you're someone who deposits funds irregularly and sometimes struggle to meet minimum monthly deposit requirements on other accounts, then this savings account could be a good option for you.
There is no maximum balance for the eSaver Flexi, so the more you deposit, the more you’ll see in interest earnings. You’ll also save on fees with this account as there are no ongoing account fees or transaction charges. This account also gives you the flexibility to make unlimited free transactions over the phone, via the mobile app, online or via BPAY.
If you’re interested in CUA’s eSaver Flexi savings account, it has a negligible minimum opening deposit amount of $1, so you can immediately start earning high interest on your stash of cash no matter how big or small.
The CUA eSaver Flexi could be a good account option for people looking to earn interest on their savings with minimal effort, especially if you're someone who has a hard time meeting special interest rate conditions.
This savings account doesn’t offer a special interest rate for regular deposits, so if you're a super savvy saver and want to be rewarded for your savings efforts, then something like the CUA eSaver Reward account might be a better option.
Balances from $0: 1.00% p.a.
n/a
n/a
$0.00
n/a
Unlimited free transactions from phone and internet.
n/a
n/a
n/a
$0.00
n/a
n/a
$0.00
$0.00
n/a
$1.00
$0.00
Monthly
no
none
no
no
no
no
no
yes
yes
yes
no
none
none
none
I’ve been a CUA customer for over 30 years. Sadly, I have to move because they introduced a cheque fee on 1 March 2020, without notifying their loyal customers. So much for being loyal. Shameful.
Read full reviewI’ve been a CUA customer for over 30 years. Sadly, I have to move because they introduced a cheque fee on 1 March 2020, without notifying their loyal customers. So much for being loyal. Shameful.
CUA is Australia's largest credit union and an alternative to the big banks, offering financial, health and insurance solutions to over 500,000 Aussies. As a mutual, it's run by members for members, and reinvests in making its service better for customers and supporting local communities. CUA is committed to helping members through life's big changes, so if you want to make a change for the better, check out CUA's range of home loans, personal loans, credit cards, savings accounts and more.
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0.15% p.a.(for $0 and over)
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1.65% p.a. (for $1 to $250,000)
0.20% p.a.(for $1 and over)
Yesup to $250,000
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1.25% p.a. (for $0 to $5,000,000)
0.01% p.a.(for $0 to $5,000,000)
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0.40% p.a.(for $0 and over)
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1.75% p.a. (for $0 to $250,000)
0.15% p.a.(for $0 and over)
Yesup to $250,000
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1.55% p.a. (for $0 to $500,000)
0.35% p.a.(for $0 and over)
Yesup to $250,000
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1.25% p.a. (for $0 to $250,000)
0.01% p.a.(for $0 to $5,000,000)
Yesup to $250,000
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Fast Track Saver Account
1.65% p.a. (for $1 to $250,000)
0.20% p.a.(for $1 and over)
Yesup to $250,000
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Flexi Saver
1.25% p.a. (for $0 to $5,000,000)
0.01% p.a.(for $0 to $5,000,000)
Yesup to $250,000
Promoted
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1.55% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yesup to $250,000
Promoted
MyState Bank
Bonus Saver Account
0.15% p.a.(for $0 and over)
1.75% p.a. (for $0 to $250,000)
Promoted
Citi
Online Saver
0.35% p.a.(for $0 and over)
1.55% p.a. (for $0 to $500,000)
Promoted
Westpac
Life (18-29 years old)
0.40% p.a.(for $0 and over)
3.00% p.a. (for $0 to $30,000)
Promoted
ME
Online Savings Account
0.10% p.a.(for $0 and over)
1.55% p.a. (for $0 to $250,000)
Promoted
Bankwest
Hero Saver
0.01% p.a.(for $0 to $5,000,000)
1.25% p.a. (for $0 to $250,000)
Promoted
Bank of Queensland
Fast Track Saver Account
0.20% p.a.(for $1 and over)
1.65% p.a. (for $1 to $250,000)
Promoted
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Flexi Saver
0.01% p.a.(for $0 to $5,000,000)
1.25% p.a. (for $0 to $5,000,000)
Promoted
Newcastle Permanent
Smart Saver
0% p.a.(for $0 and over)
2.00% p.a. (for $0 and over)