Reach your goals faster with Police Bank’s Bonus Saver Account which rewards you for saving your hard earned money. Simply deposit a minimum of $100 a month with no withdrawals and you will receive a bonus interest rate on your savings.
Category: Transaction & Savings Accounts Last Updated August 8, 2024 Effective December 18, 2024
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information May be applicable if your account becomes overdrawn
Interest Rate 11.96% PA
Comparison Rate 0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
Digital BankingAdditional Information: You can check your account details or make transfers anytime or anywhere using our Redidial Telephone Banking service or online with Internet Banking – both services are free.
OtherAdditional Information: Make regular credits like your pay into this account
Npp Enabled
OtherAdditional Information: Simply maintain a combined monthly balance of $5000 or more worth of savings, investments or loans and you will receive more fee free ATM and EFTPOS transactions as well as qualify for fee rebates.
OtherAdditional Information: Minimum of $100 to be deposited each month in order to achieve bonus interest. If a withdrawal is made in a month then no bonus interest will be paid.
Npp PayidAdditional Information: Select the Contact Method that you would like to use for your PayID i.e. your mobile number or email address.
Digital BankingAdditional Information: You can check your account details or make transfers anytime or anywhere using our Redidial Telephone Banking service or online with Internet Banking – both services are free.
Npp PayidAdditional Information: Select the Contact Method that you would like to use for your PayID i.e. your mobile number or email address.
Product Eligibility
Residency Status - Australian Residents.
Residency Status - Australian Citizen.
Min Age - 18.
Other - Police Officers. Additional Information: Bonus Saver Account is only available to current Police Officers or a Retired Police Officer(s) who are a member of a Union that is associated with the Police Federation of Australia. This Includes NSW Police Association (including associate members), and the Australian Federal Police Association.
Natural Person - Individuals.
Bank Fees and Charges
Special Cheque Clearance Fee For Personal Accounts (Event), Amount: 16.50.
Counter Cash Withdrawal $25,000 And Over (Transaction), Amount: 50.00.
Additional Statement Fee (Event), Amount: 5.00. Additional Information: Payable if and when you request an additional statement.
Document Retrieval Fee (Event), Amount: 0.00. Additional Information: Payable on request for documents to be retrieved
Default Notice Fee (Event), Amount: 21.50. Additional Information: Payable if and when we send you a default notice for an overdrawn account where an arrears remains unremedied after we have sent you an arrears letter
Counter Cash Withdrawal Fee Up To $24,999 (Transaction), Amount: 2.00.
Overdrawn Savings Account Fee (Event), Amount: 15.00. Additional Information: Payable when any Savings Account is overdrawn by $75 or more within a calendar month Interest will also be charged at the then current Overdraft interest rate
Third Party Costs (Event), Amount: 0.00. Additional Information: Any costs charged to us from a third party will be passed on to you. Information on these costs is available on request.
Dormant Accounts Fee (Event), Amount: 10.00. Additional Information: After 3 years an account is classed as dormant if no Member transactions occur. Interest, fees and government charges are not classed as transactions.