Unicredit / Savings and Investments / Special Savings Accounts

There are a number of special savings accounts at Unicredit that will help you save for regular and reoccurring expenses, special events or Christmas. Unicredit also have a special savings account especially for children.

Click below for more information on the range of accounts available, or view the various account features in the table below.

Budget Savings
Target Savings
Christmas Club Account
Super Savers Club Account

Product Features At-A-Glance	Budget Savings	Target Savings	Christmas Saver	Super Saver Club
Description	The ideal account that can be used to set aside savings or money for regular expenses, such as rates or school fees.	Reach your savings goals faster with a higher interest rate and withdrawal restrictions, to help you from being tempted to dip into your savings.	The perfect way to save for Christmas. Make regular deposits or set up automatic deductions. Funds are available on-call during December.	Specially designed for children under the age of 12, this fee-free account is the perfect way to encourage good savings habits at an early age.
Minimum requirements
Opening deposit	No min	No min	No min	No min
Minimum withdrawal	No min	$500	No min	No min
Accessibility
Redicard	Yes	No	No	No
Visa Debit Card	No	No	No	No
Cheque book	Yes	No	No	No
Direct debit facility	Yes	No	No	No
B PAY	Yes	No	No	No
Account transfers via:
Uniteller	Yes	Yes	Credit only	Credit only
Telephone banking	Yes	Yes	Credit only	Credit Only
Interest
Interest calculated	Minimum monthly balance	Daily closing balance	Daily closing balance	Daily closing balance
Interest paid	Monthly	Monthly	1st December annually	Monthly
Minimum balance to earn interest	$1	$1	$1	$1
Other features
Optional overdraft facility available	No	No	No	No
Funds available at call	Yes	Yes	Yes	Yes
Withdrawal restrictions	No	Minimum withdrawal amount $500	Funds available from 1st December to 31st December annually	Two free branch withdrawals or transfers
Quarterly statement (issued monthly if overdraft facility attached).	Yes	Yes	Yes	Yes

:: Request a Savings/Transaction account be opened (for established members)

Budget Savings

This is an ideal account that can be used to set aside savings or money for regular expenses, such as rates or school fees and unexpected expenses, such as car and home maintenance. Funds are available at call through ATM’s, EFTPOS, cheque books and BPAY. The account can be linked as a second savings account to your Redicard for ATM access and Bank@Post.

Target Saver

This account will help you reach your savings goal faster. A higher rate of interest is offered than the On Call Savings accounts, with the limitation of a minimum withdrawal of $500 to help you from being tempted to dip into your savings. Funds are available at call via branch access or transfers using telephone or Uniteller online banking.

Christmas Saver

This account is perfect to save for Christmas or for your summer holidays. A higher interest rate is offered to help you to reach your savings goal faster. Regular deposits are accepted and can be made by automatic deduction from your pay for easy saving.

Funds are available from 1st December to 31st December, with fees applicable to withdrawals during the restricted period – please refer to the Fees and Charges Schedule.

Super Savers Club

Specially designed for children under the age of 12, this account encourages good savings habits at an early age. The Super Savers account is operated by a parent or guardian, with funds available at call. There are no account keeping fees, however, the account is restricted to two free withdrawals per month which can be made at a Unicredit branch. Additional withdrawals attract a fee.

Ask Unicredit about –

Payroll deductions

Your pay can be automatically deposited to your Unicredit account, and split between your transactional, special savings or loan accounts. This makes budgeting easier and simplifies meeting loan repayments – plus you can save on transaction fees.

Direct Debits

Use this facility to have funds, such as payments for your car or home insurance, debited regularly from your account by another organisation. Simply contact the third party with Unicredit’s BSB number (806036) and your account number to authorise the direct debit payments.

:: Request a Savings/Transaction account be opened (for established members)

Further product information –

Things you should know

Terms and Conditions apply. This information does not take into account your personal needs or financial circumstances and you should consider if it is appropriate for you. To decide if a product is right for you, Unicredit recommends you read our Information, Terms and Conditions brochure in conjunction with the Fees and Charges brochure and current interest rate information, which is available from this website and from the branches.

Savings & Investments

Special Savings Accounts