Compare People’s Choice Credit Union savings accounts

Saving your dollars for a rainy day can be made easy when you make People’s Choice Credit Union your choice for banking.

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People's Choice Credit Union

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Almost 350,000 people across all of Australia have chosen to bank with the People’s Choice Credit Union. With a history that dates back to 1976, the credit union came into its own in 2009 with the merger of Australian Central and Savings & Loans. Since that time it has been building an impressive list of products to fulfil the banking needs of all Australians.

1 - 3 of 3
Updated regularly
Name Maximum Variable Rate p.a. Standard Variable Rate p.a. Intro/Ongoing Government Guarantee Monthly Max Rate Conditions
People's Choice Young Saver Account
People's Choice Credit Union logo
Maximum Variable Rate p.a.
5.05%
Standard Variable Rate p.a.
0.10%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $5 each month
  • No withdrawals
View details
People's Choice Bonus Saver Account
People's Choice Credit Union logo
Maximum Variable Rate p.a.
4.40%
Standard Variable Rate p.a.
0.01%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $50 each month
  • No withdrawal
View details
People's Choice Dream Fund
People's Choice Credit Union logo
Maximum Variable Rate p.a.
4.90%
Standard Variable Rate p.a.
0.01%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance each month
View details
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Showing 3 of 3 results
1 - 3 of 3
Updated regularly
Name Monthly fee Govt. Guarantee Own network ATM fee Card type
People's Choice Everyday Account
People's Choice Credit Union logo
Apple Pay Google Pay Samsung Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
People's Choice Everyday Living Account
People's Choice Credit Union logo
Apple Pay Google Pay Samsung Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
People's Choice Credit Union Offset Account
People's Choice Credit Union logo
Apple Pay Google Pay Samsung Pay
Monthly fee
$8
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
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Showing 3 of 3 results
1 - 1 of 1
Updated regularly
Name 3 Mths p.a. 4 Mths p.a. 5 Mths p.a. 6 Mths p.a. 7 Mths p.a. 11 Mths p.a. 12 Mths p.a. 24 Mths p.a.
People's Choice Credit Union Term Investment
People's Choice Credit Union logo
$5,000 min. deposit$999,999 max. deposit
3 Mths p.a.
3.95%
4 Mths p.a.
3.60%
5 Mths p.a.
3.60%
6 Mths p.a.
4.65%
7 Mths p.a.
3.95%
11 Mths p.a.
4.15%
12 Mths p.a.
4.40%
24 Mths p.a.
4.10%
More Info
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Showing 1 of 1 results
1 - 10 of 10
Updated regularly
Name Maximum Variable Rate p.a. Standard Variable Rate p.a. Intro/Ongoing Government Guarantee Monthly Max Rate Conditions
Rabobank PremiumSaver
Rabobank logo
Maximum Variable Rate p.a.
5.35%
Standard Variable Rate p.a.
1.45%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow your balance by $200+ each month
  • Balances up to $250,000
Go to siteView details
Suncorp Bank Growth Saver Account
Suncorp Bank logo
Maximum Variable Rate p.a.
5.05%
Standard Variable Rate p.a.
0.35%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance by $200 each month (excl. interest)
  • Only 1 withdrawal
  • No balance limit on earning interest
Go to siteView details
Ubank High Interest Save Account
Ubank logo
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $500
  • Savings up to $100,000
Go to siteView details
ING Savings Accelerator ($150,000 - $500,000)
ING logo
Maximum Variable Rate p.a.
5.40%
Standard Variable Rate p.a.
4.70%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Welcome rate applies up to $500K
Go to siteView details
Macquarie Savings Account
Macquarie Bank logo
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
5.00%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Balances up to $250,000
Go to siteView details
Newcastle Permanent Smart Saver Account
Newcastle Permanent logo
Maximum Variable Rate p.a.
4.50%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance
  • No more than 2 withdrawals
Go to siteView details
ING Savings Maximiser
ING logo
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
0.55%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 transactions
  • Grow your balance
  • Balances up to $100,000
Go to siteView details
 Get 6 months free delivery and $50 Menulog credit with a new Orange Everyday & Savings Maximiser account. New ING customers only. Use code INGMENU1 and activate accounts by 24 Nov 2024. T&Cs apply.
IMB Reward Saver Account
IMB logo
Maximum Variable Rate p.a.
5.25%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $50
  • No withdrawals
  • Balances up to $1,000,000
Go to siteView details
 Earn up to 3.25% p.a. after the introductory period ends.
First Option Bank Savings+Bonus Account
First Option Bank logo
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
2.00%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $100
  • No withdrawals
  • Balances up to $249,999
Go to siteView details
BCU Bonus Saver
BCU logo
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
1.00%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
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Showing 10 of 10 results

Despite being a member owned financial institution, People’s Choice Credit Union is still recognised as an Authorised Deposit Taking Institution, making them subject to the same rules and regulations as every Australian bank is. This includes ensuring that deposits of up to $250,000 per person are covered by the Australian Government Guarantee. This works in perfectly with their line of savings products that are designed to meet the various needs of all their members.

Awards that People’s Choice Credit Union has earned

  • Smart Investor Magazine’s Credit Union of the Year – Finalist in 2014 for the magazine’s Blue Ribbon Awards

Who is People’s Choice Credit Union?

People’s Choice Credit Union has found ways to ensure that the varying savings needs of their members can be easily met. With accounts designed for kids, Christmas and even long term savings goals, you are given plenty of options to choose between. There are 50 branches located throughout Australia from where you can manage your account, or choose an online saver and take care of your money from home.

  • People’s Choice CU SWIFT code: CUSCAU2SXXX

What’s Internet banking like for People’s Choice CU?

People’s Choice CU customers can turn to its online banking platform or mobile banking app to access account related information, to pay bills, and to transfer money. They can turn online to register for e-statements and SMS banking. If you’ve received a new People’s Choice CU access card, you can activate it online.

People's Choice CU makes use of industry-standard encryption to ensure the transfer of data remains secure.

Notable features include:

  • Apply for a new transaction, savings, or investment account online
  • Register for online banking to get automatic access to BPAY and simplify how you pay bills

What about the mobile app?

Image Source: App Store
Login PageDashboardAccounts
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What transaction accounts does People’s Choice Credit Union offer?

  • Everyday Account. For a monthly fee you are provided with unlimited transactions, but use three other products offered by the credit union and you could qualify to have that fee waived. The Everyday Account arms you with a Visa debit card, giving you access to your cash at the point of sale, at an ATM or even online.

What high interest savings accounts does People’s Choice Credit Union have?

  • Young Saver Account. Children can earn bonus interest on their savings just by making one monthly deposit of at least $5 with no withdrawals. Interest is paid monthly, showing young people the benefits of saving your money from a young age.
  • Bonus Saver Account. Make no withdrawals and at least one $50 deposit each month, and you will receive a bonus rate on your interest with this account. Access is allowed at a branch or online but fees may be applied for teller assisted transactions.

What term deposits can People’s Choice Credit Union provide?

  • Personal Term Investments. Available for savers as young as 13 years of age, term deposits require a minimum deposit of $5,000 and can be opened for anywhere between two months and five years. The longer the terms, the higher the interest rate applied. Plus, with any investment of over one year you can choose to have the interest paid annually or monthly.
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What are the pros and cons to banking with People’s Choice Credit Union?

Pros

  • Flexibility. The credit union provides you with various options for savings, and for a wide age range of Australians.
  • Bonus interest. A number of the savings accounts allow you to earn bonus interest as a reward for good savings habits.
  • Fees. By meeting certain conditions, you have the opportunity to have any fees waived.
  • Accessibility. The People’s Choice Credit Union makes it easy to manage your savings with online banking and a mobile app for iPhone and Android devices.

Cons

  • Criteria. If you are unable to meet the requirements for some of the savings accounts you will lose the opportunity to earn bonus interest.
  • Membership. You must be a member of the credit union in order to access and use any of their products.
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How do I apply for People’s Choice Credit Union savings account?

You need to compare the accounts offered by People's Choice Credit Union to make sure they suit your personal financial needs and your unique situation. If you decide one of the People's Choice accounts suits your needs, the People’s Choice Credit Union allows for applications for savings accounts to be submitted online. Just click ‘Go to Site’ and you will be securely transferred to their application page. You will need to meet certain criteria before being able to start, including:

  • Membership. Only active credit union members are allowed to submit an application. If you are not already a member you will be prompted to join first. This application is also available online and will take approximately 10 to 15 minutes to complete. There are no job or residency requirements, but you will be asked to pay a $2 membership charge.
  • Applying. Once you have confirmed your membership, you can login to online banking and continue with your savings account information.
  • Underage applicants. If under 18 check to ensure that you are applying for the right account.

You will need to supply supporting documentation to verify your identity. This could be your driver’s licence, passport, or work visa. Once your identity has been confirmed, you will be contacted with the details of your new account.

Compare other products from People's Choice

Shirley Liu's headshot
Written by

Publisher

Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs. See full bio

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8 Responses

    Default Gravatar
    tonySeptember 16, 2022

    I am unable to find out the history of interest rate changes ( dates and what the actual interest rates were ) on the Peoples Choice site… can you help me with this information

      AvatarFinder
      AlisonSeptember 25, 2022Finder

      Hi Tony,

      Unfortunately, we don’t have that data you will need to ask People’s Choice directly.

      Thanks,
      Alison

    Default Gravatar
    JudeMarch 4, 2019

    Hi,

    I have $300,000 to invest in a term deposit for 6 months. Where would I get the best rates?

      AvatarFinder
      JeniMarch 5, 2019Finder

      Hi Jude,

      Thank you for getting in touch with Finder.

      You may compare 6-month term deposit accounts using our comparison table. You may compare banks by looking at their p.a. rate and interest earned.

      Once you’ve chosen a provider, you may click on the “Go to site” to be redirected to their official page where you can check more details or even start your application. Please make sure though to read the eligibility criteria, features, and details of the term deposit account, as well as the relevant PDS/ T&Cs of the account before making a decision and consider whether the product is right for you.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

    Default Gravatar
    AlecAugust 29, 2016

    What bank ATM in NZ can I use with the lowest or no withdrawal fees using a credit or debit Visa card.

      AvatarFinder
      ShirleySeptember 6, 2016Finder

      Hi Alec,

      Thanks for your question.

      Unfortunately, People’s Choice doesn’t have a global ATM alliance. It’s likely that all ATM withdrawals will incur a fee that is charged up to the discretion of the ATM owner.

      If you would like to compare alternatives, check out these debit cards for overseas use

    Default Gravatar
    malcolmSeptember 14, 2015

    I WANT TO CHANGE A TERM DEPOSIT TO AN AT CALL ACCOUNT

      AvatarFinder
      ShirleySeptember 14, 2015Finder

      Hi Malcolm,

      Thanks for your question.

      Please get in touch with People’s Choice Credit Union directly to change your term deposit. Please be mindful that cancellation fees will apply.

      Cheers,
      Shirley

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