CWCU Investment Savings Summary
Description
An at-call savings account with whole-balance interest tiers, including a zero-interest band below $200.
Benefits
- No monthly activity requirements for the ongoing rate.
Hoops
- Ongoing rate cap: $19,999.99. See the rate breakdown for higher balances.
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Details
Key details
| Product name | CWCU Investment Savings |
|---|---|
| Maximum variable rate | 1.30% p.a. |
| Ongoing interest rate | 1.30% p.a. |
| Base interest rate | 1.30% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 1.30% |
|---|---|
| Ongoing | 1.30% |
| Ongoing cap | $20K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | - |
| Growth/mth | - |
| Buys/mth | - |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| Max age | - |
| Fee/mth | - |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 1.30% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 0.00% | Whole balance | $1 to $199.99 |
| Standard variable | 1.30% | Whole balance | $200 to $19,999.99 |
| Standard variable | 1.50% | Whole balance | $20k to $49,999.99 |
| Standard variable | 2.10% | Whole balance | $50k and over |
Source: noren.com.au
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Requirements
- Interest is calculated on the daily balance and paid monthly.
- Pricing is reviewed for comparison balances of $1 or more. For minimum-monthly-balance products, the comparison assumes that amount is the minimum balance maintained during the month, a lower minimum changes the interest earned.
- No monthly deposit-count, qualifying deposit-dollar, growth or purchase interest test is established. No introductory offer is established. Transaction allowances and access restrictions are separate from interest qualification.
- A separate unconditional monthly account-keeping fee is unverified. The fee column remains unknown rather than zero. Paper statements cost $2.50 each under the current tariff, with online statements and statements for children under 16 free. Separate transaction, service or dormant-account charges may apply.
- The applicable rate applies to the whole daily balance. The rate is zero below $200, with further boundaries at $20,000 and $50,000. Zero interest is a known rate, not unavailable pricing.
- The website describes opening with $1, while the TMD says no minimum deposit and the account summary gives no opening minimum. Confirm the opening requirement with CWCU. This is separate from the $200 interest-bearing threshold or a monthly deposit condition.
- At-call access through internet banking and direct entry is available. This account does not provide debit-card access. Transaction fees and statement fees may apply.
Fees
No reviewed fees available.
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with CWCU.
- CWCU membership and identity checks are required. Membership requires a $10 member share, returned when the share is redeemed and the membership closed. No universal numeric minimum or maximum age is established for this reviewed product.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected on 31 Oct 2026. Pricing verified on 29 Oct 2026.