Credit Union SA savings account and term deposit rates

Credit Union SA Ltd · Credit union

Credit Union SA's best ongoing savings rate is 3.75% p.a. on Bonus Savings Account, in months when you meet its bonus conditions. Its best term deposit pays 5.30% p.a. for 6 months on $1,000 or more.

Verified 4 Nov 2026

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Key facts

Top savings rate: 3.75% p.a.
Introductory rate: 5.40% p.a. for 4 months
Best term deposit: 5.30% p.a. for 6 months
Minimum term deposit: $1,000
Deposit protection: $250,000 per account holder
Credit cards: 3 cards from Credit Union SA

What would your money earn at Credit Union SA?

Type any amount and pick an account. Estimates are before tax and assume the rate stays the same.

Amount

Try

Account

Fixed for the term. From $1,000.

Interest over 12 months

$1,325

5.30% p.a., interest paid at maturity.

Credit Union SA 12-month term deposit$1,325

Bank Australia Term Deposit, 5.60% p.a.$1,400

That is $75 less than the best 12-month term deposit in Australia would pay on the same amount.

See what your own balance actually earned

Credit Union SA rates

Every rate is variable. Bonus rates show as the total you earn, with the base and bonus parts underneath.

Bonus Savings Account

Bonus savings account

Closes to new applications on 1 Jun 2099

Any age

3.75%p.a.

0.01% base + 3.74% bonus

To earn the bonus each month

Bonus interest applies each month you make a deposit (of any amount) and no withdrawals.

Port+ Account

Savings account, no monthly conditions

Closes to new applications on 1 Jun 2099

Any age

1.75%p.a.

No monthly conditions

A transaction account that pays interest on your entire balance, no matter how many transactions you make.

Educator+ Account

Savings account, no monthly conditions

Closes to new applications on 1 Jun 2099

Any age

1.75%p.a.

No monthly conditions

A transaction account that pays interest on your entire balance, no matter how many transactions you make.

Netsave Account

Savings account, no monthly conditions

Closes to new applications on 1 Jun 2099

Any age

5.40%p.a.

Intro rate for 4 months, then 1.25% p.a.

An introductory interest rate is applied when a member opens a new Netsave account.

Children's Savings Account

Bonus savings account

Closes to new applications on 1 Jun 2099

Under 18

4.60%p.a.

0.05% base + 4.55% bonus

To earn the bonus each month

Bonus interest applies each month you make a deposit (of any amount) and no withdrawals.

55+ Account

For retirees and pensioners

Closes to new applications on 1 Jun 2099

55 or older

1.10%p.a.

No monthly conditions

Credit Union SA's 55+ Account is a transaction account available to all members aged 55 and over.

Term Deposit

Term Deposit rates, interest paid at maturity
Term	$1,000 and over
3 months	3.00%
4 monthsStand-out term	5.10%
5 months	3.00%
6 monthsBest rate	5.30%
7 months	3.00%
8 months	3.00%
9 months	3.00%
10 monthsBest rate	5.30%
11 months	3.00%
12 monthsBest rate	5.30%
2 years	2.90%
3 years	2.90%
4 years	2.90%
5 years	2.90%

Interest paid at maturity. New term deposits start at $1,000.

Compare 12-month term deposits at every bank in Australia

How Credit Union SA compares with other banks in Australia

Every bank we track in Australia, ranked by its best ongoing savings rate, with its 12-month term deposit. Verified 4 Nov 2026.

Savings and 12-month term deposit rates at every bank in Australia, 4 Nov 2026
#	Bank	Top savings rate	12-month term deposit
1	RACQ Bank	6.01% p.a.Bonus Saver Account, monthly conditions	5.35% p.a.Term Deposit
2	MoveBank	5.75% p.a.Growth Saver, monthly conditions	5.35% p.a.Term Deposit
3	ING	5.75% p.a.Savings Maximiser, monthly conditions	5.30% p.a.Personal Term Deposits
4	Rabobank	5.65% p.a.PremiumSaver, monthly conditions	5.25% p.a.Online Term Deposit
5	Judo Bank	5.60% p.a.Personal Savings Account, monthly conditions	5.45% p.a.Personal Term Deposits
6	QBANK	5.60% p.a.Intro Saver	5.05% p.a.Term Deposit
7	Up	5.60% p.a.Up Saver, monthly conditions	Not published
8	People First Bank	5.55% p.a.Dream Fund, monthly conditions	5.20% p.a.Term Deposit
9	AMP Bank	5.50% p.a.AMP Bank GO Save	5.55% p.a.AMP Bank GO Term Deposit
10	BCU Bank	5.50% p.a.Boss Saver, monthly conditions	5.30% p.a.Term Deposit
11	P&N Bank	5.50% p.a.Savvy Saver Account, monthly conditions	5.30% p.a.Term Deposit
12	Great Southern Bank	5.50% p.a.Home Saver, monthly conditions	5.10% p.a.Platinum Plus Term Deposit
13	Bank of Melbourne	5.40% p.a.Incentive Saver, monthly conditions	4.75% p.a.Term Deposit
14	BankSA	5.40% p.a.Incentive Saver, monthly conditions	4.75% p.a.Term Deposit
15	St.George	5.40% p.a.Incentive Saver, monthly conditions	4.75% p.a.Term Deposit
16	Bank Australia	5.35% p.a.Bonus Saver, monthly conditions	5.60% p.a.Term Deposit
17	Suncorp Bank	5.35% p.a.Growth Saver Account, monthly conditions	5.40% p.a.Term Deposit
18	Australian Mutual Bank	5.35% p.a.Momentum Saver account, monthly conditions	5.35% p.a.Term Deposit
19	Firefighters Mutual Bank	5.35% p.a.Momentum Saver, monthly conditions	5.35% p.a.Term Deposit
20	Health Professionals Bank	5.35% p.a.Momentum Saver, monthly conditions	5.35% p.a.Term Deposit
21	Teachers Mutual Bank	5.35% p.a.Momentum Saver, monthly conditions	5.35% p.a.Term Deposit
22	UniBank	5.35% p.a.Momentum Saver, monthly conditions	5.35% p.a.Term Deposit
23	ANZ	5.35% p.a.ANZ Plus Growth Saver, monthly conditions	5.30% p.a.ANZ Advance Notice Term Deposit
24	Bankwest	5.35% p.a.Hero Saver, monthly conditions	5.30% p.a.Bankwest Term Deposit
25	Police Credit Union	5.35% p.a.Focus Saver Account, monthly conditions	4.00% p.a.Term Deposit
26	ubank	5.35% p.a.Save account, monthly conditions	Not published
27	Bank First	5.30% p.a.First Home Bonus Saver Account, monthly conditions	5.50% p.a.Term Deposit
28	Hume Bank	5.30% p.a.Reward Saver, monthly conditions	5.40% p.a.Term Deposit
29	Bank of us	5.30% p.a.Save up, monthly conditions	5.30% p.a.Fixed Term Investment
30	Defence Bank	5.30% p.a.Max E Saver, monthly conditions	5.30% p.a.Term Deposit
31	Easy Street	5.30% p.a.Flex Saver	Not published
32	Virgin Money	5.30% p.a.Virgin Money Boost Saver, monthly conditions	Not published
33	Dnister Bank	5.25% p.a.Max Saver, monthly conditions	5.55% p.a.Term Deposit
34	Macquarie	5.25% p.a.Macquarie Savings Account	5.40% p.a.Macquarie Term Deposit
35	Bank of Sydney	5.25% p.a.BOS Saver	5.30% p.a.Term Deposit
36	CommBank	5.25% p.a.GoalSaver, monthly conditions	5.30% p.a.Standard Term Deposit
37	NAB	5.25% p.a.NAB Reward Saver, monthly conditions	5.30% p.a.NAB Term Deposit
38	Westpac	5.25% p.a.Westpac Life, monthly conditions	5.30% p.a.Term Deposit
39	MyState Bank	5.25% p.a.Bonus Saver, monthly conditions	5.25% p.a.Regular Term Deposit
40	Regional Australia Bank	5.25% p.a.Savings Booster Account, monthly conditions	5.25% p.a.Term Savings
41	bankWAW	5.20% p.a.WAW Bonus Saver, monthly conditions	5.35% p.a.Limited Offer Term Deposit
42	Southern Cross Credit Union	5.20% p.a.Star Saver, monthly conditions	5.30% p.a.Term Deposit
43	Australian Military Bank	5.10% p.a.Online Saver, monthly conditions	5.40% p.a.Teen Plus Term Deposit
44	BOQ	5.00% p.a.Simple Saver Account	5.40% p.a.myBOQ Term Deposit
45	NPNewcastle Permanent	5.00% p.a.Smart Saver Account, monthly conditions	5.40% p.a.Term Deposit
46	The Capricornian	5.00% p.a.Bonus Saver Account, monthly conditions	5.20% p.a.Term Deposit
47	Bendigo Bank	5.00% p.a.Bendigo Reward Saver, monthly conditions	4.90% p.a.Standard Term Deposit
48	Beyond Bank	4.90% p.a.Purple Bonus Saver, monthly conditions	4.90% p.a.Term Deposit
49	Woolworths Team Bank	4.90% p.a.Bonus Saver Account, monthly conditions	4.00% p.a.Term Deposit
50	Unity Bank	4.85% p.a.Bonus Saver Account, monthly conditions	5.50% p.a.Term Deposit
51	Goulburn Murray Credit Union	4.80% p.a.Advantage Saver, monthly conditions	5.15% p.a.Fixed Term Deposit
52	Border Bank	4.80% p.a.Bonus Saver Account, monthly conditions	5.00% p.a.Term Deposit
53	Police Bank	4.80% p.a.Bonus Saver Account, monthly conditions	5.00% p.a.Term Deposit
54	Summerland Bank	4.75% p.a.Bonus Saver, monthly conditions	5.25% p.a.Fixed Term Deposit
55	Community First Bank	4.60% p.a.Goal Saver, monthly conditions	5.60% p.a.Term Deposit Special
56	Gateway Bank	4.60% p.a.Goal Saver, monthly conditions	5.55% p.a.Term Deposit
57	ME Bank	4.60% p.a.SaveME, monthly conditions	5.50% p.a.ME Go Term Deposit
58	Bank Orange	4.60% p.a.Online Saver	5.35% p.a.Fixed Term Deposit Wealth Builder
59	Heartland Bank	4.55% p.a.MySavings account	5.55% p.a.Term Deposit
60	Queensland Country Bank	4.55% p.a.Bonus Saver, monthly conditions	5.30% p.a.Fixed Term Deposit
61	BNK Bank	4.50% p.a.Cash Management Account	5.40% p.a.Stow It Term Deposit Account
62	Alex Bank	4.50% p.a.Savings	5.30% p.a.Term Deposit - Direct
63	Greater Bank	4.25% p.a.Bonus Saver	5.40% p.a.Term Investment
64	The Mutual Bank	4.25% p.a.Bonus Saver, monthly conditions	5.30% p.a.Term Deposit
65	HSBC	4.25% p.a.Bonus Savings Account, monthly conditions	2.90% p.a.Term Deposit
66	Laboratories Credit Union	4.01% p.a.Savvy Saver, monthly conditions	4.60% p.a.Fixed Term Deposit
67	Northern Inland Credit Union	4.00% p.a.Bonus Saver, monthly conditions	4.90% p.a.Term Deposit
68	Credit Union SA	3.75% p.a.Bonus Savings Account, monthly conditions	5.30% p.a.Term Deposit
69	Auswide Bank	3.56% p.a.Bonus Plus Saver, monthly conditions	5.25% p.a.National Seniors Term Deposit
70	First Option Bank	3.55% p.a.Save Account	5.50% p.a.Fixed Term Deposit
71	BOQ Specialist	3.50% p.a.Private Access Account	5.35% p.a.Term Deposit
72	Fire Service Credit Union	3.50% p.a.High Interest	4.50% p.a.Fixed Term Deposit
73	IMB Bank	3.45% p.a.Reward Saver Account, monthly conditions	5.30% p.a.Term Deposit
74	Horizon Bank	3.25% p.a.Horizon Direct	5.10% p.a.Term Deposit
75	Darling Downs Bank	3.15% p.a.Cash Manager Online	5.40% p.a.Fixed Term Deposits
76	Cairns Bank	3.00% p.a.Online Saver account	5.25% p.a.Term Deposit
77	Coastline Bank	3.00% p.a.Coastline Savings Account	5.05% p.a.Gold Member Fixed Term Deposit
78	Arab Bank Australia	3.00% p.a.Personal Online Savings Account	3.40% p.a.Fixed Term Deposit - Personal
79	Revolut	3.00% p.a.Revolut Instant Access Savings	Not published
80	Geelong Bank	2.96% p.a.iSaver, monthly conditions	5.40% p.a.Term Deposit
81	Transport Mutual Credit Union	2.25% p.a.Premium Savers Account	3.25% p.a.Term Deposit
82	The Mac	2.00% p.a.eSaver	5.20% p.a.Mini Mac Term Deposit
83	SWSbank	2.00% p.a.Online Saver	5.00% p.a.Term Deposit
84	Broken Hill Bank	1.70% p.a.eCall Savings Account	5.00% p.a.Fixed Term Deposit

Who can open them, and how safe is the money?

Who can open each account

Bonus Savings Account: Any age
Port+ Account: Any age
Educator+ Account: Any age
Netsave Account: Any age
Children's Savings Account: Under 18
55+ Account: 55 or older
Term Deposit: Any age, from $1,000

Is my money protected?

The Australian Government's Financial Claims Scheme covers deposits at Credit Union SA up to $250,000 per account holder.

Questions about Credit Union SA savings and term deposits

What is Credit Union SA's highest savings rate?

Bonus Savings Account, at 3.75% p.a. on 4 Nov 2026: a 0.01% p.a. base rate plus a 3.74% p.a. bonus. Bonus interest applies each month you make a deposit (of any amount) and no withdrawals. A month that misses the conditions earns 0.01% p.a. Bonus Savings Account closes to new applications on 1 Jun 2099.

What is the Credit Union SA 12-month term deposit rate?

5.30% p.a. on new deposits of $1,000 or more, with interest paid at maturity.

Which Credit Union SA term deposit term pays the most?

6 months, at 5.30% p.a. with interest paid at maturity, on 4 Nov 2026.

Does Netsave Account have an introductory rate?

Yes. Netsave Account earns 5.40% p.a. for the first 4 months, made up of the 1.25% p.a. ongoing rate plus a 4.15% p.a. introductory margin. After that it earns 1.25% p.a.

Is my money safe with Credit Union SA?

Deposits at Credit Union SA are covered by the Australian Government's Financial Claims Scheme up to $250,000 per account holder.

Where do these rates come from?

From the product details Credit Union SA publishes under the Consumer Data Right, which Woodo checks every day. We last verified them on 4 Nov 2026. Credit Union SA does not pay Woodo, and no payment can change the order of any list.

Community

Credit Union SA savers will soon be able to report whether their bonus rate paid out each month, and ask other savers questions.

Cards issued by Credit Union SA

Other banks in Australia

RACQ BankSavings 6.01% p.a.12-month 5.35% p.a.
INGSavings 5.75% p.a.12-month 5.30% p.a.
MoveBankSavings 5.75% p.a.12-month 5.35% p.a.
RabobankSavings 5.65% p.a.12-month 5.25% p.a.
UpSavings 5.60% p.a.12-month Not published
Judo BankSavings 5.60% p.a.12-month 5.45% p.a.

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