Young and Free Student Account

 General Lending Rates

 Product Features

• Card Access

• Digital Wallet

• Digital Wallet

• Digital Banking

• Npp Payid Additional Information: Register a PayID and attach it to this account

• Npp Enabled

• Bill Payment

• Notifications

• Other Additional Information: BPAYView - Receive your bills directly to your internet banking and pay with one click

• Other Additional Information: Sweep Facility - Automatically move funds between your accounts based on a minimum or maximum balance to be maintained on the specified account

• Other Additional Information: Government Guarantee - Under the FCS certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is incorporated in Australia and authorised by the Australian Prudential Regulation Authority (APRA).

• Other Additional Information: Receive international payment to your account through Western Union. No fee for sender or receiver.

• Other Additional Information: Send International Payments self serve through your internet banking or staff assisted

• Other Additional Information: International exchange on foreign cheques and cash

• Other Additional Information: International purchase foreign draft

• Other Additional Information: International purchase foreign cash

• Other Additional Information: International Prepaid MasterCard Cash Passport

• Other Additional Information: Overdrawn accounts (with a balance below $0.00) will be charged the current lending rate applicable to the account. See Lending Rates above.

• Other Additional Information: Bonus interest rate is paid on balances up to $1,000 (refer to the deposit rates above for current rates)

• Other Additional Information: Free LCU counter cheque - order a counter cheque online or in person at no cost.

• Other Additional Information: Direct Debit facility available - allow a third party to transfer money from your account, typically to pay bills eg. Phone, energy, gym

• Other Additional Information: Direct Credit facility available - automatically credit your LCU account with funds from another bank account

• Other Additional Information: Card control - Lock and unlock your Visa card with the LCU - Banking App

• Other Additional Information: Periodic Payments - Schedule one off or re-occuring payments from your account

• Other Additional Information: Direct credit allocation - Split your payroll or other regular payments received to your account to different sub accounts.

 Product Eligibility

• Min Age - 8.

• Max Age - 25.

• Student

• Natural Person

• Residency Status - If Not An Australian Resident, You Must Complete A Tax Residency Declaration.

• Other Additional Information: Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you choose to close your account.

• Other Additional Information: To be eligible to join you must be at least 8 years of age and referred by a family member or friend who already has an account with LCU. Alternatively you may be eligible to join if you: work or live in the greater Ryde area; have an association with Riverside Corporate or Macquarie Park; or work in a STEM industry.