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Police Bank U30 Super Charge Account

Advertiser disclosure
Interest rate
5.25% p.a.(for $0 and over)
Maximum rate
No Current Offer
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Police Bank U30 Super Charge Account - last updated: 26 March 2024

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What's hot
  • 5.25% p.a. maximum rate (conditions apply)
  • No ongoing fees
  • No minimum monthly transactions
What's not
  • Only available to those aged between 18-29
Mozo snapshot

Young and keen to grow your savings? Well, U30 Super Charge was designed specifically for younger Aussies with an interest rate of 5.25% p.a., one of the most generous maximum interest rates in our database.

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Key features

Police Bank’s U30 Super Charge account offers an amazing maximum interest rate of 5.00% for those between the ages of 18-29. This account has high returns with no frills. That’s right, there are no ongoing fees or minimum monthly transactions to meet monthly.

To start earning that 5.25% on your savings you’ll need to deposit your salary into any Police Bank Account each pay cycle, be a citizen or permanent resident of Australia, and agree to become a Police Bank member.

Be mindful that the high rate is only applicable to balances up to $10,000. If your account has a balance larger than that then you’ll receive zero interest rat

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Who is it good for

This account is designed for younger Australians. So if you fit within the 18-29 age range and meet the Police Bank requirements you can start earning with one of the most competitive rates around.

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Any catches

While the U30 Super account doesn’t come with any monthly fees or requirements, you will need to deposit your entire salary amount into its Easy Access account to qualify for the 5.25% rate.

Details

Rates and fees information correct as at 25 April 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: 5.25% p.a.

n/a

n/a

Fees

$0.00

n/a

unlimited free transactions from internet and phone banking

$0.00

Police Bank, ATMx

n/a

$0.00

$0.00

n/a

$0.00

$0.00

n/a

Other financial bits

$0.00

$0.00

Monthly

Features

yes

n/a

no

no

no

yes

no

yes

yes

yes

yes

Full salary to be credited to Police Bank. Account for members aged 18-29 only.

none

Under 30

Customer Reviews

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Overall
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About Police Bank

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

Yes up to $250,000

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

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

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

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

Yes up to $250,000

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AMP Saver Account

5.40% p.a. (for $0 to $250,000)

1.20% p.a.(for $0 to $5,000,000)

Yes up to $250,000

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

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

Yes up to $250,000

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

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

Yes up to $250,000

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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

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Life

5.00% p.a. (for $0 and over)

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

Yes up to $250,000

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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)

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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)

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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)

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AMP Bank

AMP Saver Account

5.40% p.a. (for $0 to $250,000)

Yes up to $250,000

1.20% p.a.(for $0 to $5,000,000)

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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)

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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)

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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)

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Westpac

Life

5.00% p.a. (for $0 and over)

Yes up to $250,000

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

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Rabobank

High Interest Savings Account

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

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

Yes up to $250,000

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Macquarie

Savings Account

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

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

Yes up to $250,000

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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

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AMP Bank

AMP Saver Account

1.20% p.a.(for $0 to $5,000,000)

5.40% p.a. (for $0 to $250,000)

Yes up to $250,000

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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

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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

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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

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Westpac

Life

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

5.00% p.a. (for $0 and over)

Yes up to $250,000

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