Credit Union SA Educator+ Account
No conditions on the rate
A transaction account that pays interest on your entire balance, no matter how many transactions you make. Earn interest while you spend, No minimum balance required for interest to start being paid and Flexible access to funds any time without penalty. This is an exclusive offer for current and retired employees of the South Australian education community, students studying education, and their eligible immediate family members as part of our Knowledge Counts banking benefits.
- Base rate up to
- 1.75%
- Introductory rate
- None
- Maximum balance
- None published
Rate a year, up to
Rates by balance
| Balance | Base rate |
|---|---|
| Any balance | 1.75% |
Who can open it
- Age to open
- Any
- Maximum balance
- None published
Who it's for
- Knowledge Counts Banking Benefits members and students carrying out studies in education and eligible family members (these are parents, children, grandparents, grandchildren, siblings and partners only), as part of the Knowledge Counts Banking Benefits offered by Credit Union SA.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
1.75%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
1.75%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- A lower rate. Up to 1.75%, below the typical 3.65%, so your savings grow more slowly than in many other accounts.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 1.75%
- Bonus conditions
- None
- Most it pays
- 1.75%
- Bonus conditions
- None
- Most it pays
- 1.70%
- Bonus conditions
- Yes
