Basic Transaction Accounts

There are five basic transaction accounts. These can be used to accept deposits, pay bills, and transfer money to where it needs to go. These apply to Personal Memberships.

Rediaccess / Cheque Account (S5)

Our simplest working account. This is the default account that is opened when you open a BDCU membership.

• no minimum opening or monthly balance
• optional cheque book available
• 'at call’ funds
• variable, tiered interest rate with interest paid on portion of balance within the tier
• interest calculated daily, paid annually on June 30th

Budget Account (S1)

Simple transaction account with lots of flexibility

• no minimum opening or monthly balance
• interest calculated daily on the closing balance and paid annually on June 30th

Investment Plus Account (S8)

An investment transaction account with funds ‘at call’ and:

• no minimum opening or monthly balance
• variable, tiered interest rate with interest paid on portion of balance within the tier
• interest calculated daily on the closing balance and paid monthly

Pension Deeming Accounts (S36 & S38)

Have your Australian Government Pension deposited automatically and use it to perform your transactions.• no minimum opening or monthly balance

• variable, tiered interest rate with interest paid on portion of balance within the tier
• interest calculated daily on the closing balance and paid monthly

FLEX Account (S88)

The flexible, multi-purpose transaction account that is free of eligible BDCU transaction fees if you have a minimum value of loans and deposits. General fees and charges may apply. ‘At call’ funds and optional cheque book available

Download our Savings & Transactions Brochure