Educator+ Account
A transaction account that pays interest on your entire balance, no matter how many transactions you make. Earn interest while you spend, No minimum balance required for interest to start being paid and Flexible access to funds any time without penalty. This is an exclusive offer for current and retired employees of the South Australian education community, students studying education, and their eligible immediate family members as part of our Knowledge Counts banking benefits.
- Base rate
- 1.5%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 1.5% | — | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Deposit Periodic Where permitted by the account terms and conditions, you can perform unlimited transactions of the following types and we will not charge you a transaction fee: ATM enquiry, ATM transfer, ATM withdrawal, Bank@Post deposit, Bank@Post withdrawal, BPAY payment, branch deposit, branch transfer, branch withdrawal, corporate cheque, direct credit, direct debit, EFTPOS cash withdrawal, EFTPOS purchase, internet banking transfer, overseas ATM enquiry, overseas ATM withdrawal, Member Contact Centre transfer or payment, mobile banking transfer, periodical payment, phone banking transfer, Visa debit cash advance, Visa debit purchase. Not all transaction types are permitted on all accounts. | Ongoing | $0.00 |
| Transaction Payable whenever we send you a letter because you do not make a repayment in full on or before the due date and the default continues for 3 days or more. | Transaction | $0.00 |
| Arrears Payable each day that your account is overdrawn (where you have no approved credit limit) or the account is overdrawn beyond your approved credit limit and you have performed at least one debit transaction to the account or card that day | Event | $15.00 |
| Overdraft or overlimit fee Payable when you perform a transaction in a currency other than Australian dollars using a Visa card. This fee is included in the AUD amount debited to your account and comprises 2.00% charged by third parties and 1.00% charged by Credit Union SA | Event | $15.00 |
Features
- Card access — Visa debit card
- Additional cards — Null
- Unlimited transactions
- Digital wallet — Apple Pay
- Digital wallet — Google Pay
- Digital wallet — Garmin Pay
- Digital wallet — Samsung Pay
- Digital banking
Eligibility
- Knowledge Counts Banking Benefits members and students carrying out studies in education and eligible family members (these are parents, children, grandparents, grandchildren, siblings and partners only), as part of the Knowledge Counts Banking Benefits offered by Credit Union SA.
More Information
Published by Credit Union SA under the Consumer Data Right · Last updated 28 June 2026 · Product ID CREDITUNIONSA_SAV_113 · View on CDR.gov.au