FSCU S5 High Interest Summary
Description
An at-call savings account with variable interest paid monthly, no monthly account-keeping fee and a fee for withdrawals after the first each month.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
- No upper balance cap in the reviewed ongoing pricing.
Hoops
- Check the provider’s eligibility, linked-account terms and other service charges.
On this page
Details
Key details
| Product name | FSCU S5 High Interest |
|---|---|
| Maximum variable rate | 3.50% p.a. |
| Ongoing interest rate | 3.50% p.a. |
| Base interest rate | 3.50% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 3.50% |
|---|---|
| Ongoing | 3.50% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | - |
| Growth/mth | - |
| Buys/mth | - |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 3.50% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 3.50% | Whole balance | All balances |
Source: noren.com.au
Share/Export
Requirements
- Interest is calculated daily on the total closing balance using the annual rate divided by 365, or 366 in a leap year, and paid monthly.
- No monthly deposit-count, deposit-dollar, balance-growth or purchase qualification for the reviewed variable rate. No introductory offer or upper interest-bearing balance cap is established.
- No monthly account-keeping fee. The first S5 withdrawal in a calendar month is free of the S5 withdrawal fee, each subsequent debit or withdrawal attracts a $5 charge. This is a transaction fee, not a one-withdrawal interest qualification or a limit on accessing funds.
- Separate branch cash charges apply: $3 for $2,000 to $14,999 and $20 for $15,000 or more under the current tariff, with exemptions for members with an FSCU home loan or Retiree Access account. Other service and dormant-membership charges may apply.
- The current account summary allows multiple accounts, internet banking and direct credits. No Visa debit card, BPAY, direct debit or overdraft facility is listed for S5. Withdrawals and transfers remain subject to the provider terms.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with FSCU.
- Australian residents, subject to membership and identity checks. Personal applicants are eligible, the source also permits eligible business members. This comparison covers personal savings use.
- FSCU membership is for Emergency Services employees and their families. The general terms also allow other persons approved under the Constitution, ask FSCU to confirm eligibility rather than assuming membership is open to everyone.
- A $10 membership share is payable on joining. It is separate from the account balance and monthly account fees. No universal numeric minimum or maximum age is established for this product by the reviewed documents.
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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.