Why BankVic?
Why choose us?
100% member-owned
Being member-owned means our profits benefit our members and their communities
We make it easy
We are online, it's easy to get us on the phone, or visit a branch
We're flexible
We work with you to find what's right for you, not everyone else
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savings accounts
Explore and compare our savings accounts to help you reach your savings goals sooner
Rates & fees
Read about our rates & fees
- Little Copper ClubInterest Rate (% PA)Variable rate0.10%EasyInvestInterest Rate (% PA)Balances up to $5 million0.30%Balances $5 million plus0.01%Bonus SaverInterest rate (% PA)Standard variable rate0.05%Bonus rate up to $5 million (1)0.85%Bonus rate $5 million plus0.01%
(1) Deposit $100 per calendar month, with no withdrawals and we'll reward you with bonus interest. Bonus interest rate is capped at a maximum balance of $5,000,000.
Pension PlusInterest rate (% PA)Balances up to $51,8000.30%Balances $51,800 plus1.20%(1) Interest is calculated using the 'part' balance method on each balance amount that falls within the respective balance tier
Term DepositInterest Rate (% PA)3 months1.15%4 months1.15%5 months1.15%6 months1.15%7 months1.15%8 months1.15%9 months1.25%10 months1.15%11 months1.15%12 months1.15%18 months1.10%24 months1.10%36 months1.10%48 months1.10%60 months1.10%(1) Important advice on early redemptions: Interest rates are fixed for the term of the deposit selected. Available rates vary according to the term of deposit selected and the amount of deposit.
Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term.
If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.
12 Month IncomeInterest Rate (% PA)12 month fixed term1.10%(1) Important advice on early redemptions: Interest rates are fixed for the term of the deposit selected. Available rates vary according to the term of deposit selected and the amount of deposit.
Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term.
If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.
50+ Investment AccountInterest Rate (% PA)1 year term, monthly interest1.10%1 year term, quarterly interest1.11%1 year term, annual interest1.15%2 year term, monthly interest1.05%2 year term, quarterly interest1.06%2 year term, annual interest1.10%3 year term, monthly interest1.05%3 year term, quarterly interest1.06%3 year term, annual interest1.10%4 year term, monthly interest1.05%4 year term, quarterly interest1.06%4 year term, annual interest1.10%5 year term, monthly interest1.05%5 year term, quarterly interest1.06%5 year term, annual interest1.10%(1) Important advice on early redemptions: Interest rates are fixed for the term of the deposit selected. Available rates vary according to the term of deposit selected and the amount of deposit.
Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term.
If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.
InvestmentInterest Rate (% PA)Balances up to $5,0000.01%Balances $5,000 up to $25,0000.01%Balances $25,000 up to $50,0000.01%Balances $50,000 plus0.10%SMSF SaverInterest rate (% PA)Balances up to $5 million0.70%Balances $5 million plus0.01% - DEBIT CARD FEESFee TypesFeesDisputed transaction$25 per transactionCard replacement in Australia$10Card replacement overseasUSD $175Emergency cash overseasUSD $175International currency conversion fee3.65% of the AUD transaction amountPAYMENT FEESFee TypesFeesDishonour for insufficient funds for external transfers$9 after 3 attemptsReturned payment due to incorrect bank account details$14BankVic dishonour charge$19Direct debit stopped payment$19Personal cheque book (25 pages)$10BANK DRAFT FEESFee TypesFeesForeign currency bank draft$15 per transactionAUD bank draft$15 per transactionReissue$10Cancellation$40Express post fee$6INTERNATIONAL TRANSFER FEESFee TypesFeesOutward transfer - foreign currency$30 per transactionOutward transfer - AUD$41 per transactionInward transfer - AUD$5 per transaction charged by AMEXAmendment or trace$55 per transaction charged by AMEXCancellation$40 charged by AMEXRECORD FEESFee TypesFeesVoucher archive retrieval - up to 30 days since transaction$6Voucher archive retrieval - up to 30 to 90 days since transaction$7.50Voucher archive retrieval - 90+ days since transaction$10Services fee on a time basis$15 per quarter hourPhotocopy cost$2 per pageAccess to records under privacy act$50OTHER FEESFee TypesFeesAdditional or reprint statement fee$2 per pageList of transactions via branch or contact centre$2 per pageDormant account fee (1)$40 per yearCompany search fee$25
(1) Dormant fee - applied where there have been no transactions in the account for at least 1 year, we have written to you but you have not given us written notice stating you wish the account to remain open.
Ways to apply
Ways to apply for our Saving products
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Terms and conditions
Important things you should know
Information on this page is general in nature and does not take into account your personal circumstances. You should consider whether it is appropriate for you before acquiring the product or service.
Fees and charges may apply. Interest rates are variable and subject to change. Information on our terms & conditions, interest rates and fees & charges are available on request.
We recommend that you read the following documents: