CUA eSaver Reward
CUA eSaver Reward
Mozo Review CUA eSaver Reward Review
Last updated: 12 March 2020.
What's hot:
1.70% ongoing bonus rate if conditions are met
No account fees
2020 Mozo Experts Choice Award
What's not:
Must also hold a CUA transaction account to qualify for a bonus interest rate.
Mozo snapshot:
The CUA eSaver Reward savings account has a standard interest rate of 0.05% p.a. but if you meet the conditions, you can boost your savings with a bonus interest rate of up to 1.70% p.a. With this savings account up your sleeve, you’ll be maximising your savings in no time!
Did we mention that it's also a 2020 Mozo Experts Choice Award winner? That's right, because the eSaver Reward took out a trophy in the best SMSF Regular Saver category.
Key features:
The CUA eSaver Reward savings account has a standard interest rate of 0.05% p.a., but if you deposit a minimum of $1,000 per month into your account from an external source (like your salary), and currently hold a CUA Transaction Account, you will be eligible to receive a competitive ongoing bonus rate of up to 1.70% p.a.
The CUA eSaver Reward savings account also gives you the freedom to make transactions (via phone and internet) and dip into your stash as you please without the fear of hidden fees or losing bonus interest.
This account even allows you to set up automatic transfers from your CUA Transaction Account to your CUA eSaver Reward account, meaning that you can sit back and watch your savings grow without having to lift a finger. Like most savings accounts, there’s no debit/EFTPOS card or ATM access, so make sure you set up a linked transaction account if you’re after these features.
Who it's good for:
The CUA eSaver Reward account is great for anyone wanting to grow their savings, and it’s especially rewarding for Aussies who are able to meet the bonus interest requirements by depositing $1,000 per month.
Any catches?
To use this account effectively and ensure you earn that 1.70% p.a. bonus interest, you’ll need to have a CUA everyday account and be able to meet the requirement of depositing a minimum of $1,000 into your account per month. You should think carefully about whether or not you'll be able to meet these requirements before opening an account.
Details
Rates and fees information correct as at 3 April 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
Balances from $0: 0.05% p.a.
-
Balances from $0: 1.70% p.a.
Balances from $100,000: 0.05% p.a. -
Deposit $1,000 into a CUA transaction account from external source in the month.
Fees
-
$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
Other financial bits
-
$1.00
-
$1.00
-
Monthly
Features
-
no
-
none
-
no
-
no
-
no
-
yes
-
no
-
yes
-
yes
-
yes
-
no
-
Must also hold a CUA transaction account to qualify for bonus interest rate.
-
none
-
none
Customer Reviews
How are CUA savings accounts rated by the Mozo community?
Latest review of CUA eSaver Reward
-
Great rates
Been with this bank for 15 years and always got a great deal.
Read full reviewBeen with this bank for 15 years and always got a great deal.
Price8/10Features8/10Customer service10/10Convenience7/10LessTrust10/10
About CUA
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.
Promoted
AMP
Saver Account
2.65% p.a. (for $0 to $500,000)
1.05% p.a.(for $0 to $5,000,000)
$0.00
Promoted
Macquarie
Savings Account
2.65% p.a. (for $0 to $250,000)
1.35% p.a.(for $0 to $25,000)
$0.00
Promoted
MyState Bank
Bonus Saver Account
2.00% p.a. (for $0 to $250,000)
0.30% p.a.(for $0 and over)
$0.00
Promoted
Bank of Queensland
Fast Track Saver Account
2.00% p.a. (for $1 to $250,000)
0.20% p.a.(for $1 and over)
$0.00
Promoted
IMB Bank
Reward Saver Account
1.75% p.a. (for $5,000 and over)
0% p.a.(for $0 and over)
$0.00
Promoted
Suncorp
Growth Saver Account
1.90% p.a. (for $0 and over)
0.20% p.a.(for $0 and over)
$0.00
Promoted
Defence Bank
iSaver
1.70% p.a. (for $0 to $1,000,000)
0.05% p.a.(for $0 to $1,000,000)
$0.00
Promoted
Heritage Bank
Online Saver
2.20% p.a. (for $1 to $100,000)
0.80% p.a.(for $1 to $250,000)
$0.00
Promoted
AMP
Saver Account
2.65% p.a. (for $0 to $500,000)
1.05% p.a.(for $0 to $5,000,000)
$0.00
Promoted
Macquarie
Savings Account
2.65% p.a. (for $0 to $250,000)
1.35% p.a.(for $0 to $25,000)
$0.00
Promoted
MyState Bank
Bonus Saver Account
2.00% p.a. (for $0 to $250,000)
0.30% p.a.(for $0 and over)
$0.00
Promoted
Bank of Queensland
Fast Track Saver Account
2.00% p.a. (for $1 to $250,000)
0.20% p.a.(for $1 and over)
$0.00
Promoted
Suncorp
Growth Saver Account
1.90% p.a. (for $0 and over)
0.20% p.a.(for $0 and over)
$0.00
Promoted
IMB Bank
Reward Saver Account
1.75% p.a. (for $5,000 and over)
0% p.a.(for $0 and over)
$0.00
Promoted
Defence Bank
iSaver
1.70% p.a. (for $0 to $1,000,000)
0.05% p.a.(for $0 to $1,000,000)
$0.00
Promoted
Heritage Bank
Online Saver
2.20% p.a. (for $1 to $100,000)
0.80% p.a.(for $1 to $250,000)
$0.00
Promoted
IMB Bank
Reward Saver Account
0% p.a.(for $0 and over)
1.75% p.a. (for $5,000 and over)
Promoted
HSBC
Serious Saver
0% p.a.(for $0 and over)
1.85% p.a. (for $0 to $1,000,000)
Promoted
Bankwest
Hero Saver
0.01% p.a.(for $0 to $5,000,000)
1.25% p.a. (for $0 to $250,000)
Promoted
HSBC
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)
2.05% p.a. (for $0 and over)
Promoted
ANZ
Progress Saver
0.01% p.a.(for $0 and over)
1.25% p.a. (for $0 and over)
Promoted
Auswide Bank
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
2.01% p.a. (for $0 and over)
