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Woolworths Team Bank

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  • Bank
  • Customer-owned
  • Branch network
  • Personal banking

Woolworths Team Bank is an Australian member-owned bank established in 1971 as the Safeway Employees Credit Co-operative. It serves Woolworths and Endeavour Group team members, their families and people with an affinity to Woolworths. It offers savings and transaction accounts, term deposits, home loans, personal and car loans, and credit cards, with access through internet and mobile banking and Bank@Post.

Institution facts
Legal nameWoolworths Team Bank Limited
ABN67087651803
OriginsEstablished in 1971 as Safeway Employees Credit Co-operative, serves Woolworths and Endeavour communities [1]
Banking accessFace-to-face banking is available at provider branches or banking service centres, check the provider for current services and opening hours. [4]

Savings rates

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Rates p.a. at a balance of $699.

Woolworths Team published personal savings accounts and offers.
Visit 0.10% 4.90%Ongoing cap: $100K $100K - - - 1 $100 - - - 0 18 - $0 -
Visit 2.10% 2.10%Ongoing cap: No cap No cap - - - - - - - - - - - - -
Visit 2.00% 2.00%Ongoing cap: No cap No cap - - - - - - - - - - - $0 -

Source: noren.com.au

Savings products

  • Bonus Saver Account

    A variable-rate savings account. Bonus interest depends on meeting the account’s monthly requirements.

  • Christmas Club

    A variable-rate savings account. The reviewed ongoing rate has no monthly activity requirements.

  • NetPlus

    A variable-rate savings account. The reviewed ongoing rate has no monthly activity requirements.

Similar institutions

Sources and review

  1. Institution background (woolworthsteambank.com.au)
  2. APRA ADI register (apra.gov.au)
  3. Woolworths Team website (woolworthsteambank.com.au)
  4. Banking access (woolworthsteambank.com.au)

Woolworths Team Bank data reviewed . Next profile review due .

Noren RatingScore detailsHow the trial rating works. Product pages contain pricing evidence.

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