Golden Account
A transaction account for customers aged 55 and over, with easy access to funds and variable stepped interest.
- Base rate
- 2.45%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. | 0.3% | Stepped Balance Tier 1 | monthly |
| Variable Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. | 1.6% | Stepped Balance Tier 2 | monthly |
| Variable Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. | 2.1% | Stepped Balance Tier 3 | monthly |
| Variable Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. | 2.45% | Stepped Balance Tier 4 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Overseas Telegraphic Transfer $45 per staff assisted telegraphic transfer sent in AUD currency. $30 per staff assisted telegraphic transfer sent in a foreign currency. | Transaction | $45.00 |
| International Transfer Fee Per online banking transfer sent in a foreign currency. | Transaction | $15.00 |
| Cash Handling Fee Coin and note deposits are available at BCU branches. Coin deposits must be counted and bagged by customers or you will be charged 5% of the coin amount. Note deposits more than $10,000 per day will be charged at 0.25% of the deposit amount. | Transaction | Variable |
| Bank Cheque Fee Per bank cheque requested by you. | Event | $10.00 |
| Manual Trace Fee Charged for your request to manually trace a payment to confirm receipt of payment. | Transaction | $40.00 |
| Cash Passport Fee For the initial activation and each currency top-up requested in branch. | Event | $10.00 |
Features
- Additional cards
- Replacement Card can be ordered for a lost, or damaged Visa Debit or Credit card. $50 for an urgent card replacement. $10 for a standard card replacement. An emergency issue of a temporary Visa card can be requested by you to temporarily replace a lost, stolen or damaged Visa Card. If approved $320. If declined $70.
- Card access — Visa Debit card available
- A Visa Debit Card is available for this account. Make purchases online or in-store using your Visa Debit card, including paywave. Please visit our website for more information.
- Digital banking
- Transfer or make payments using our mobile app or internet banking. Payments made with PayID or using Osko are received in near real-time.
- Digital wallet — Apple Pay, Google Pay & Samsung Pay
- Make payments by adding your card to your digital wallet.
- Fraud protection
- Shop safely with participating online merchants with Visa Secure and EFTPOS Secure. Please see the terms and conditions for more information.
Eligibility
- Minimum age — 55 years
- Individuals onlyMember must be a natural person rather than another legal entity.
- You must be or become a BCU Bank member
- Customers may hold up to a total of 3 Golden Account accounts under single or joint names.
- Residency status — You must be an Australian citizen and/or resident or a non-resident with a qualifying visa evidencing 12 months or longer residency. A valid Australian address is required to open an account. Membership eligibility applies.
Constraints
- Maximum balance — $5,000,000.00Maximum balance is $5,000,000
More Information
Published by BCU Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 304 · View on CDR.gov.au