Fairer fees for all
At Unicredit, our ongoing aim is to keep our fees fair and minimal. 100% of our profits are reinvested in your Society.
We promise our members that our costs are always up front and we guarantee no hidden charges, making Unicredit a safe and easy place to manage your finances.
Yours at no charge
• Cash withdrawals and deposits at all branches
• rediATM withdrawals and balances Australia-wide
• Internal transfers at any Unicredit branch, or via internet or phone banking
• BPAY® Bill Payments over the counter, phone or internet
• Personal cheque book facility with no withdrawal fee
• EFTPOS purchases and cash-with-purchase withdrawal ^
• Direct Debit processing from Unicredit accounts
• External transfers using Uniteller online banking
• Visa and MasterCard purchases and bill payments
$2 Monthly account keeping fee
This fee is charged to offset Unicredit’s costs in providing and maintaining a personal account.
This fee is not payable if:
- You maintain a minimum monthly loan and/or savings balance of $500 or more
- You have been a Unicredit member for at least ten years
- You are aged under 18 or over 65 years
- You are a full time student in your first 12 months’ Unicredit membership
Transaction Fees |
|
| non-rediATM withdrawal & balance queries |
as stated by the ATM |
| Bank@Post cash withdrawals ^ EFTPOS cash out at Australia Post outlets (Australia Post cost) ^ Bill Payments at Australia Post outlets (Australia Post cost) ^ |
$ 2.50 |
- Withdrawals made from overseas Visa/PLUS* branded ATMs are charged $3.70 per transaction.
- Transaction fees are calculated and debited to your account on the last working day of the calendar month.
ATM Access
In addition to unlimited free cash withdrawals at retailers^ with an EFTPOS purchase, Unicredit also provides members a free ATM network, right across Australia, with rediATM.
With the recent introduction of ATM direct charging, all non-rediATM costs will be passed onto members at the end of the month. Non-rediATMs (such as those owned by the banks) will recognise your card and clearly state a charge for the transaction. If you choose to proceed and accept this fee, then Unicredit will debit your transaction account by this amount, at the end of the month. Account balance may also be available on non-rediATM networks, however a fee will also be payable for this service in the same way as withdrawing cash. rediATMs will show your account balance free of charge. It is important to keep sufficient funds in your account to cover fees charged at the end of the month. Unicredit will not charge other ATM costs for your use of non-rediATMs, beyond the fee stated by the machine.
Cash withdrawals made from overseas Visa/PLUS* ATM’s and through the Visa network locally (by pressing ‘credit’) are charged at $3.70 per transaction.
^ Cash out with an EFTPOS puchase is the recommended way for members to access their funds without incurring any fees. However when using an Australia Post outlet, the post office's system treats cash withdrawals with an EFTPOS purchase as a Bank@Post withdrawal, and therefore a fee will be incurred. Bill Payments at Australia Post outlets using your Redicard are also treated as Bank@Post withdrawals and incur this cost.
non-rediATM Fee Waiver
Unicredit will waive ATM Direct Fees for memberships with:
Loan and Overdraft debit balance above $150,000 for the whole of the month;
Investment accounts with a minimum monthly balance greater than $250,000;
and for memberships which have a Transaction Account (On-Call Savings, Budget, Visa Access or Company Account) with a minimum monthly credit balance greater than $10,000.
Account
service charges
| Cheque Fees |
|
| Stopped member cheque – if presented |
$ 40.00 |
| Honour fee (where there are insufficient cleared funds to meet a cheque, but the cheque is honoured) | $ 2.50 |
| Corporate cheque (over the counter or posted) | $ 3.00 |
| Bank cheque # | $ 8.00 |
| Cheque deposits (cost per cheque: first 10 cheque deposits per calendar month are free) | $ 0.20 |
Redicard PLUS # |
|
| International cash withdrawal (from Visa/PLUS* ATM’s outside Australia). | $3.70 |
| Redicard PLUS (ATM / EFT) dispute # |
|
Retrieval cost per transaction - within Australia |
$5.50 |
Retrieval cost per transaction - overseas |
$18.00 |
Visa Debit Card Fees#* |
||
| Visa purchases and agency bill payments using the “credit” button are exempt from transaction fees and are not included in the transaction count. The following charges do apply: | ||
| Visa cash advance from another bank |
$3.70 |
|
| Visa ATM cash advance using the ‘credit’ button | $3.70 |
|
| Replacement Visa Card or Redicard | $5.00 |
|
| Emergency Visa Card replacement | $US 175.00 |
|
| If declined | $US 70.00 |
|
| Emergency cash withdrawal lost or stolen Visa Card | ||
| International | $US 175.00 |
|
| If declined | $US 50.00 |
|
| VISA (ATM/EFT) dispute # | ||
| Retrieval cost per transaction - within Australia | $5.50 |
|
| Retrieval cost per transaction - overseas | $18.00 |
|
| Chargeback (Plus 1.32% domestic value or 1.6% foreign value ) | $23.00 |
|
| Arbitration (Plus US$250 lodgement & US$250 review) | $18.00 |
|
| Fees may vary due to exchange rates. Merchants and other institutions may impose additional restrictions or charges. | ||
MyCard MasterCard Fees and Charges* |
||
| Annual account fee | ||
| Silver Card with Standard Rewards & Low Rate Mastercard Silver | $35.00 p.a. |
|
| Gold Card with Standard Rewards & Low Rate Mastercard Gold | $75.00 p.a. |
|
| Gold Card with BlueSky Rewards | $99.00 p.a. |
|
| Over Limit Fee | ||
| $40 when your account is overlimit. Charged once per month on statement date. | ||
| Cash Advances | ||
| LOCAL: $2.70 (or 2.70% of amount when >=$100)
for each cash advance. FOREIGN: $5.00 for each cash advance outside Australia. |
||
| Over the counter payments at Australia Post | ||
| $2.00 per payment made over the counter at Australia Post | ||
| Late Charge | ||
| $15 is charged if the Total Payment Due is not paid on or before the Payment Due Date on your monthly statement, and every 7 days thereafter until the Total Payment Due is paid. | ||
| Dishonour Fee | ||
| $25 for any cheque or Easi-pay authority which is not honoured in full. | ||
| Transaction Voucher Request Fee | ||
| $10 for each requested sales voucher or other transaction recorded. | ||
| Foreign Exchange Conversion Fees | ||
| 3.4% of the transaction value when converted into $AUD. | ||
| Government Fees and Charges | ||
| All State government duties and taxes are charged
to cardholder accounts. All are calculated and appear on the monthly transaction statement at cycle date. |
||
| Terms and conditions apply and are available upon application.Standard Card Services fees and charges apply. Approval of your application is at all times subject to Card Services credit criteria. ©2006. Card Services is a division of Citigroup Pty Limited ABN 88 004 325 080.AFSL 238098, which provides and administers credit. | ||
International Currency Charges |
|
| Foreign currency bank draft - purchase | $15.00 |
| Foreign currency bank draft - deposit | $7.00 |
| Foreign currency bank draft - dishonour fee | $55.00 |
| Cancelling/reissuing a foreign currency draft | $35.00 |
(plus difference in exchange rate at time of
cancellation/repurchase) |
|
| Travellers’ cheques – purchase | 1% of value ($5 min charge) |
| Travellers’ cheques – deposit | $5.00 |
| Foreign cash – purchases and deposits | 1% of value ($20 max charge) |
| Telegraphic transfer (overseas electronic transfer) | $25.00 |
| Cash passport card | 1% of $AU value loaded |
Bill Payments |
|||
| BPAY (Uniteller, telephone banking, over the counter) | free |
||
| Periodical payment / Uniteller cheque request |
$3.00 |
||
| Periodical payment dishonour fee | $10.00 |
||
Dishonour Fees |
|||
| Outward member cheque dishonour fee | $10.00 |
||
| Periodical payment dishonour fee | $10.00 |
||
| Direct debit dishonour fee | $10.00 |
||
| Future dated BPAY / EFT dishobour fee | $10.00 |
||
Specific Account Charges |
|||
| Christmas Club – early withdrawal | $10.00 |
||
| Target Savings – less than minimum withdrawal | $5.00 |
||
| Super Savers – third and subsequent monthly withdrawals | $5.00 |
||
| Cheque-a-month – withdrawal within restricted 90 day period or less than minimum withdrawal amount | $5.00 |
||
Additional Service Charges |
|||
| Replacement Redicard or Visa Card | $5.00 |
||
| SMS Alerts and Enquiries (cost per message) | $0.25 |
||
| Bank Audit Certificate | $20.00 |
||
| Dormancy fee (annual) | $25.00 |
||
| SWIFT electronic transfer - outward # | $10.25 |
||
| SWIFT electronic transfer - inward # | $5.12 |
||
| Withdrawal for interstate credit union | $5.00 |
||
| Business name search + | $15.40 |
||
| Company search + | $14.52 |
||
| Additional statement of account (per statement) | $2.00 |
||
| Coin counting (non-members only) | $10.00 |
||
| Retrieval of vouchers and statements | $20.00/hr |
||
| Fee based on $20.00 per hour plus $2 per item printed. Please enquire before making the request. | |||
| Retrieval of paid cheques (per cheque) | $8.25 |
||
| Trace destination of cheque funds | $15.75 |
||
| BPAY® / EFT dispute # | |||
| Enquiry / Retrieval cost per transaction | $5.50 |
||
Loan fees and charges
These fees and charges are to be read in conjunction with your Loan Account Terms and Conditions.
Personal Loans |
|||
| Standard Package establishment fees | |||
| Loan amount up to $5,000 | $50.00 |
||
| Loan amount over $5,000 | $100.00 |
||
| Member or University Package establishment fees | |||
| Loan amount up to $5,000 | $25.00 |
||
| Loan amount over $5,000 | $50.00 |
||
| Student loan establishment fees | Nil |
||
| Chattel mortgage security (REVS) (over motor vehicle if required)+ | |||
| New | $10.50 |
||
| Renewal | $5.50 |
||
Unsecured Overdrafts |
|||
| Establishment fee | $50.00 |
||
Mortgage Secured Loans (Real Estate) |
|||
| Establishment fee | $200.00 |
||
Landgate Costs + |
|||
| Land title search | $18.00 - $20.50 |
||
| Registration of mortgage/caveat | $110.00 |
||
| Registration of withdrawal of caveat | $110.00 |
||
| Registration of discharge of mortgage | $110.00 |
||
Security Preparation Costs |
|||
| Mortgage/caveat discharge with settlement | $125.00 |
||
| Mortgage/caveat discharge without settlement | $65.00 |
||
Security Lodgement Fee (All Property Conveyancing) # |
|||
| Lodgement of mortgage/caveat | $75.65 |
||
| Settlement fee if attendance is required | $183.25 |
||
| Lodgement of discharge of mortgage/caveat | $87.15 |
||
External Valuation Fee # |
|||
| Perth Metropolitan area | |||
| Value up to $999,999 | $184.50 |
||
| Value over $1,000,000 | subject to quotation |
||
| Country valuation | by request |
||
| Country valuations vary depending on location, charged by mileage. An approximate cost can be provided prior to valuation. | |||
| Progress inspections - per inspection | $71.75 |
||
| Progress inspections may be required for homes in the course of construction (usually five). | |||
Other Fees |
|||
| Loan switching fees | $175.00 |
||
| Contract variation – mortgage | $100.00 |
||
| Contract variation – other | $50.00 |
||
| Production of title for 3rd party lodgement | $75.00 |
||
| Bank cheque – per cheque# | $8.00 |
||
Collection Fees |
|||
| 2nd overdue reminder - loans & overdrafts | $10.00 |
||
| 3rd overdue reminder - loans & overdrafts | $15.00 |
||
| Default notice | $25.00 |
||
| Enforcement/legal/collection agency fees # | as incurred by the Society |
||
^ Cash out with an EFTPOS puchase is not available without fees, when using an Australia Post outlet, as the post office's system treats cash withdrawals with an EFTPOS purchase as a Bank@Post withdrawal, and therefore a fee is incurred.
+ Government charges - subject to change without notification.
# External party charges - subject to change without notification.
® Registered to BPAY Pty Ltd ABN 69 079 137 518.
* Costs may vary due to exchange rates. Merchants and other institutions may impose additional restrictions or charges.
