Goulburn Murray Credit Union Our Community
No conditions on the rate
A transcation account for community organisations. The community organisations must be not for profit organisations that have a formal documented structure.
- Base rate up to
- 1.50%
- Introductory rate
- None
- Maximum balance
- None published
Rate a year, up to
Rates by balance
| Balance | Base rate |
|---|---|
| $0 to $4,999 | 0.10% |
| $4,999 and over | 1.50% |
Who can open it
- Age to open
- Any
- Maximum balance
- None published
Who it's for
- Eligible Community organisations only. Approval of applicants is at the discretion of GMCU.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
1.50%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
1.50%
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 1.50%, 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
- 1.50%
- Bonus conditions
- None
- Most it pays
- 1.50%
- Bonus conditions
- None
- Most it pays
- 1.50%
- Bonus conditions
- None
