Illawarra Credit Union logo

Illawarra Credit Union Saver

Advertiser disclosure
Interest rate
2.50% p.a.(for $0 to $100,000)
Maximum rate
No Current Offer
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Illawarra Credit Union Saver - last updated: 24 May 2023

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What's hot
  • Unlimited free transactions from phone and internet.
  • No monthly account fees
What's not
  • 0.05% standard rate for balances under $30,000
Mozo snapshot

Looking for a savings account with Illawarra Credit Union? The Saver account comes with few fees and a range of standard interest rates from 0.05% to 2.50% (depending on the balance) with which you can help grow your savings stash. 

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Key features

The Saver account from Illawarra Credit Union is designed for savers who enjoy the flexibility of dipping in and out of their savings and not having to jump through hoops to a certain interest rate. That's because there are no monthly requirements with the account, though the specific standard interest rate savers will earn will depend on their balance: 

  • 2.50%: For balances between $0 and $99,999
  • 0.05%: For balances above $100,000

There are also no monthly accounts fees to worry about, and savers can make unlimited free transactions from both phone and internet. Just bear in mind that if you ever need to make a withdrawal in a branch over the counter then you'll be charged a $15 fee. 


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Who is it good for

If you're looking for a no strings attached savings account from Illawarra Credit Union then the Saver account could be the one for you. 

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Any catches

The interest rates available on the Saver account are relatively low, especially those for balances below the $30,000 mark, so if you're looking for an account with a higher rate than it may be worthwhile comparing other savings account options. 

Details

Rates and fees information correct as at 13 June 2024. 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: 2.50% p.a.
Balances from $100,000: 0.05% p.a.

n/a

n/a

Fees

$0.00

n/a

Unlimited from phone, internet.

n/a

n/a

n/a

$0.00

$0.00

n/a

$0.00

$0.00

n/a

Other financial bits

$1.00

$0.00

Monthly

Features

no

n/a

no

no

yes

no

no

yes

yes

no

no

none

none

none

Customer Reviews

How are Illawarra Credit Union savings accounts rated by the Mozo community?

Overall
8.0/10
Price
6.3/10
Features
5.9/10
Customer service
8.2/10
Convenience
7.2/10
Trust
8.1/10
Based on 25 Illawarra Credit Union savings account reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest reviews of Illawarra Credit Union Saver Savings Account

About Illawarra Credit Union

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Rabobank

High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

4.40% p.a.(for $0 to $250,001)

Yes up to $250,000

Thumbnail icon for Macquarie
Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

4.75% p.a.(for $0 to $1,000,000)

Yes up to $250,000

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ubank

Save Account

5.10% p.a. (for $0 to $250,000)

0.10% p.a.(for $0 and over)

Yes up to $250,000

Thumbnail icon for Rabobank
Rabobank

PremiumSaver

5.45% p.a. (for $0 to $250,001)

1.50% p.a.(for $0 and over)

Yes up to $250,000

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ING

Savings Maximiser

5.50% p.a. (for $0 to $100,000)

0.55% p.a.(for $0 and over)

Yes up to $250,000

Thumbnail icon for IMB Bank
IMB Bank

Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

0% p.a.(for $0 and over)

Yes up to $250,000

Thumbnail icon for MyState Bank
MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

0.05% p.a.(for $0 and over)

Yes up to $250,000

Thumbnail icon for First Option Bank
First Option Bank

Savings+Bonus

5.00% p.a. (for $0 to $250,000)

2.00% p.a.(for $0 to $250,000)

Yes up to $250,000

Thumbnail icon for Rabobank
Rabobank

High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

Yes up to $250,000

4.40% p.a.(for $0 to $250,001)

Thumbnail icon for Macquarie
Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

Yes up to $250,000

4.75% p.a.(for $0 to $1,000,000)

Thumbnail icon for ubank
ubank

Save Account

5.10% p.a. (for $0 to $250,000)

Yes up to $250,000

0.10% p.a.(for $0 and over)

Thumbnail icon for IMB Bank
IMB Bank

Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

0% p.a.(for $0 and over)

Thumbnail icon for ING
ING

Savings Maximiser

5.50% p.a. (for $0 to $100,000)

Yes up to $250,000

0.55% p.a.(for $0 and over)

Thumbnail icon for Rabobank
Rabobank

PremiumSaver

5.45% p.a. (for $0 to $250,001)

Yes up to $250,000

1.50% p.a.(for $0 and over)

Thumbnail icon for MyState Bank
MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

0.05% p.a.(for $0 and over)

Thumbnail icon for First Option Bank
First Option Bank

Savings+Bonus

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

2.00% p.a.(for $0 to $250,000)

Thumbnail icon for ubank
ubank

Save Account

0.10% p.a.(for $0 and over)

5.10% p.a. (for $0 to $250,000)

Yes up to $250,000

Thumbnail icon for Rabobank
Rabobank

PremiumSaver

1.50% p.a.(for $0 and over)

5.45% p.a. (for $0 to $250,001)

Yes up to $250,000

Thumbnail icon for ING
ING

Savings Maximiser

0.55% p.a.(for $0 and over)

5.50% p.a. (for $0 to $100,000)

Yes up to $250,000

Thumbnail icon for IMB Bank
IMB Bank

Reward Saver Account

0% p.a.(for $0 and over)

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

Thumbnail icon for MyState Bank
MyState Bank

Bonus Saver Account

0.05% p.a.(for $0 and over)

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

Thumbnail icon for First Option Bank
First Option Bank

Savings+Bonus

2.00% p.a.(for $0 to $250,000)

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

Thumbnail icon for Rabobank
Rabobank

Notice Saver

0% p.a.(for $0 and over)

4.90% p.a. (for $0 to $250,001)

Yes up to $250,000

Thumbnail icon for Westpac
Westpac

Life - 18-29 years old

2.00% p.a.(for $0 and over)

5.20% p.a. (for $0 to $30,000)

Yes up to $250,000

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