MCU has a Serious Savings Account to cater for members who wish to save for a special purpose or target amount. There is no minimum balance requirement. For an "at call" account, it also attracts a very competitive interest rate on credit balances, however should a withdrawal be made then no interest is paid to the account for that month.
This account can also be used as a fee free account, if the member voluntarily forgoes any interest by using it as a "day to day" account.
Interest Rate 2.75% p.a.
Products issued by MCU Ltd ABN 52 087 650 995 AFSL 246921. You should obtain and consider the relevant Product Disclosure Statement in conjustion with the Terms and Conditions PDS, and the Fees and Charges Schedule before making any decision about whether to acquire this product. You can obtain a copy of these documents from our office.