Products issued by Southern Cross Credit Union Ltd. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. To help you better asses if these products are right for you please reach out to our team or read through our Target Market Determinations (TMD), designed to help you make an informed decision that is consistent with your objectives, financial situations and needs. Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.
Ability to accept direct credits.
Eligibility criteria, fees and charges, terms and conditions apply.
^Star Saver: Standard account fee of $6 per month is waived for under 21’s; if your account balance remains over $3k; or if you have over $30k total in deposits and/or loans with us.
Advertised offer is for customers with an increase in savings of $200 or more, per calendar month, who will receive an additional 3.75% pa (Bonus interest) for the month where such balance growth was achieved. The Standard Star Saver Rate, currently 1.25% pa, applies where minimum growth was not achieved. Offer is not available in conjunction with previous offers. TMD available.
*Little Star Saver available for children aged 14 and under. Limited to one account per child. Account must be established in the child’s name. Where no withdrawals are made in a calendar month the bonus rate of interest will be applied. Where a withdrawal is made during the calendar month the interest payable for that month will only be the standard base interest rate. The bonus rate is only payable on the first $50,000 balance. Additional balances over $50,000 will only receive the standard base interest rate of 1.25%pa. A one-off $5 deposit will be made by SCCU for new customers only, paid the 1st day of the following calendar month and is subject to the customer making an initial deposit in the same calendar month of opening. TMD available.
~Star Saver – Controlled Money Account: Eligible customers who opened a Star Saver – Controlled Money Account (Solicitors Only) between 12th of June 2023 and 26th of July 2023 received a bonus introductory interest rate of 3.60%p.a. for 6 months on new money deposited in addition to the standard interest rate. After the introductory period expires, the interest rate you will earn will revert to the standard rate, currently 1.45% p.a. Account balance capped at $1.5 Million. TMD available.