Southern Cross Credit Union logo

Southern Cross Credit Union Star Saver

Advertiser disclosure
The details shown below are for the Star Saver
The details shown below are for the Little Star Saver

Choose the version of this product that suits you best

Name
Star Saver
Little Star Saver
  • Star Saver
  • Little Star Saver
Interest rate
1.25% p.a.(for $0 and over)
Maximum rate
5.00% p.a. (for $0 and over)
Govt deposit guarantee
Yes up to $250,000
Interest rate
1.25% p.a.(for $0 and over)
Maximum rate
5.00% p.a. (for $0 and over)
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Southern Cross Credit Union Star Saver - last updated: 4 December 2023

binocular icon
What's hot
  • 5.00% p.a. maximum rate available paid monthly
  • $6.00 monthly account fee waived if conditions met
  • Unlimited free transactions from phone & internet
What's not
  • $6.00 account fee if conditions not met & $2.00 over the counter withdrawal fee
Mozo snapshot

So, you’re looking for a shiny new savings account to stash your cash in? Well, with the ability to earn interest on your savings and the flexibility to make unlimited free transactions via phone and internet, the Southern Cross Credit Union Star Saver might just be your savings account match! Just make sure you can meet the conditions to skip out on the $6 monthly account fee.

key icon
Key features

The Southern Cross Credit Union is offering a bonus interest rate of 5.00% p.a. with its Star Saver account. This rate is made up of a standard interest rate of 1.25% p.a. and a 'growth bonus rate' of 3.75% p.a. To achieve the full 5.00% p.a. interest rate, you will have to grow your savings account balance by at least $200 each month.

On top of this, the Southern Cross Credit Union Star Saver offers flexible features, such as the ability to make unlimited free transactions over the phone and via internet banking, so you won’t cop any pesky fee charges should you need to move your money around in your accounts.

While this account charges a $6.00 account fee, if you’re under the age of 21, or you maintain a $3,000 minimum account balance or you have at least a $30,000 total in deposits and/or loans with Southern Cross Credit Union this fee will be waived.

snapshot
Who is it good for

The Southern Cross Credit Union Star Saver could be a great savings account option for  Aussies who are under the age of 21, can afford to maintain a minimum account balance of $3,000 or have at least a $30,000 or more total in deposits or loans with Southern Cross Credit Union and thus can have the $6.00 monthly account fee waived. So if you’re already a Southern Cross customer, this one might be for you!

question icon
Any catches

If you plan on withdrawing money from a branch, keep in mind that the Southern Cross Credit Union Star Saver comes with a $2.00 over the counter withdrawal fee.

Details

Rates and fees information correct as at 29 March 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: 1.25% p.a.

Balances from $0: 5.00% p.a.

bonus rate applicable if balance grows by $200 or more during the month

Fees

$6.00

Monthly fee waived for under 21’s; if account balance remains over $3k; or if over $30k total in deposits and/or loans with SCCU.

Unlimited free transactions from phone and internet.

n/a

n/a

n/a

$1.50

$1.50

n/a

n/a

$0.60

n/a

Other financial bits

$0.00

$0.00

Monthly

Features

no

n/a

no

no

no

yes

no

no

yes

no

no

none

none

none

Details

Rates and fees information correct as at 29 March 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: 1.25% p.a.

Balances from $0: 5.00% p.a.

No withdrawals in the month.

Fees

$0.00

n/a

Unlimited free transactions from phone and internet.

n/a

n/a

n/a

$1.50

$1.50

n/a

n/a

$0.60

n/a

Other financial bits

$0.00

$0.00

Monthly

Features

no

n/a

no

no

no

yes

no

no

yes

no

no

none

none

Up to 14 years old

Customer Reviews

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

Overall
Price
Features
Customer service
Convenience
Trust

About Southern Cross Credit Union

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

Thumbnail icon for Rabobank
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 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 Bendigo Bank
Bendigo Bank

Reward Saver

5.25% p.a. (for $0 to $100,000)

0.30% p.a.(for $0 and over)

Yes up to $250,000

Thumbnail icon for AMP Bank
AMP Bank

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

Thumbnail icon for ubank
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 Bankwest
Bankwest

Hero Saver

4.60% p.a. (for $0 to $250,001)

1.00% p.a.(for $0 to $5,000,001)

Yes up to $250,000

Thumbnail icon for Unity Bank
Unity Bank

MoneyMAX

No Current Offer

4.75% p.a.(for $1 and over)

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 AMP Bank
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)

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 Bankwest
Bankwest

Hero Saver

4.60% p.a. (for $0 to $250,001)

Yes up to $250,000

1.00% p.a.(for $0 to $5,000,001)

Thumbnail icon for Unity Bank
Unity Bank

MoneyMAX

No Current Offer

Yes up to $250,000

4.75% p.a.(for $1 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 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 Bendigo Bank
Bendigo Bank

Reward Saver

0.30% p.a.(for $0 and over)

5.25% p.a. (for $0 to $100,000)

Yes up to $250,000

Thumbnail icon for AMP Bank
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

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 Bankwest
Bankwest

Hero Saver

1.00% p.a.(for $0 to $5,000,001)

4.60% p.a. (for $0 to $250,001)

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 Auswide Bank
Auswide Bank

Ziggy Kids Saver

0.01% p.a.(for $0 and over)

3.01% p.a. (for $0 and over)

Yes up to $250,000

Thumbnail icon for UniBank
UniBank

Mighty Saver Account

1.20% p.a.(for $0 and over)

No Current Offer

Yes up to $250,000

Compare other savings accounts