SERVICE ONE Members Banking has the following range of savings and transaction accounts to suit you and your family's lifestyle needs. Day to Day Account Student Account Money Management Account Christmas Club Account Pension Deeming Account

Savings & Transactions Options Key Features FAQs

Day to Day Account

With a Savings Account, you have access to your money 24 hours a day through our wide range of access facilities. This includes direct credit of payroll, Centrelink payments and other income, ATM/EFTPOS access through a linked credit card or Redicard, personal cheque facility, the convenience of Internet and telephone banking, BPAY and Direct Debit payments. In addition you can apply for an overdraft facility to help you through those times when unexpected payments occur. Find out more about our access facilities.

Student Account

All students up to and including 24 years of age, who are studying full-time are eligible to open a student account. This account comes with 5 fee free transactions each month (excludes non-Rediteller ATMs and Corporate Cheques) and includes all of the Day to Day account benefits (excluding Overdraft facilities).

Money Management Account

Members need to open and maintain this account with a minimum of $2000. The minimum deposit and withdrawal amount for Money Management Account holders is $500. Deposits are at call after 7 days with a variable daily interest rate set weekly and paid monthly into any nominated savings account. Interest rates for the Money Management Account are available at our branches or upon request by phoning our Telephone Response Centre. It offers 24 hour access through the Internet or telephone banking.

Christmas Club Account

A Christmas Club Savings Account is a great way to save for Christmas. Interest is calculated daily but only credited on October 31st to remove the temptation of spending prior to Christmas, but while your money is earning interest, why would you want to spend it? Your funds can be received over the counter or transferred to another account.

Pension Deeming Account

This account is for our members who are receiving a Centrelink Age Pension. We offer you an account with much higher interest rates and 24 hour access to your money through our complete range of access facilities. Interest is calculated monthly and is paid on the 31st of May each year.

Decided on the account that's right for you?

Download form and return to your local branch.

Want to know more?

Read the Savings Account & Member Chequing Product Disclosure Statement.
Read the key features of our Savings and Transaction Accounts.
Find out more about accessing your funds.
Find out more about our current Interest Rates.

Want to try and save more?

Read our Budgeting Tips or use our online Budget Calculator.

Why not call and talk to us about your savings and transaction account requirements.

Get in touch by phone, fax, post or online