LCUSavvy Saver
Reach your savings goals faster with bonus interest rate by making a minimum deposit of $200 and no withdrawals during the month
At a glance
- Up to
- 4.36%
- Base rate
- 0.01%
- Bonus rate
- 4.35%
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
What a bonus account pays in a month its conditions aren't met. One dot per institution, at its highest base rate on a bonus savings account anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Bonus savings accountBase plus bonus, when every condition is met | 4.36% | 5.75%Defence Bank Limited's iSaver | 5.25%of 51 institutions | 43rd highest of 51 |
| Bonus account, conditions missedWhat a bonus account pays in a month its conditions aren't met | 0.01% | 3.45%Heritage's Online Saver Account | 0.10%of 43 institutions | 36th highest of 43, level with 7 others |
Rates
Every rate LCU publishes for this account, 8 in all.
How the rate is made up
4.36%in a month every condition is met
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | - | - | up to $100,000 | 4.35% | - | paid every 1 mo |
| Bonus | - | - | $100,000–$500,000 | 4.25% | - | paid every 1 mo |
| Bonus | - | - | $1,000,000+ | 4.05% | - | paid every 1 mo |
| Bonus | - | - | $500,000–$1,000,000 | 4.15% | - | paid every 1 mo |
| Variable | - | - | up to $100,000 | 0.01% | - | paid every 1 mo |
| Variable | - | - | $100,000–$500,000 | 0.01% | - | paid every 1 mo |
| Variable | - | - | $1,000,000+ | 0.01% | - | paid every 1 mo |
| Variable | - | - | $500,000–$1,000,000 | 0.01% | - | paid every 1 mo |
Rate changes
8 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 7 Nov 2026 | Bonus, up to $100,000 | 4.00% | 4.35% | up 0.35 |
| 7 Nov 2026 | Bonus, $100,000–$500,000 | 3.90% | 4.25% | up 0.35 |
| 7 Nov 2026 | Bonus, $1,000,000+ | 3.70% | 4.05% | up 0.35 |
| 7 Nov 2026 | Bonus, $500,000–$1,000,000 | 3.80% | 4.15% | up 0.35 |
| 2 Oct 2026 | Bonus, up to $100,000 | 3.65% | 4.00% | up 0.35 |
| 2 Oct 2026 | Bonus, $100,000–$500,000 | 3.55% | 3.90% | up 0.35 |
| 2 Oct 2026 | Bonus, $1,000,000+ | 3.35% | 3.70% | up 0.35 |
| 2 Oct 2026 | Bonus, $500,000–$1,000,000 | 3.45% | 3.80% | up 0.35 |
Each change is logged the night it appears in the rates Laboratories Credit Union publishes. See how every lender answered the RBA on the rate tracker.
Features
- BPAYView - Receive your bills directly to your internet banking and pay with one click
- Government Guarantee - Under the FCS certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking in…
- Receive international payment to your account through Western Union. No fee for sender or receiver.
- Send International Payments self serve through your internet banking or staff assisted
- International exchange on foreign cheques and cash
- International purchase foreign draft
- International purchase foreign cash
- International Prepaid MasterCard Cash Passport
- Overdrawn accounts (with a balance below $0.00) will be charged the current lending rate applicable to the account. See Lending Rates above.
- Free LCU counter cheque - order a counter cheque online or in person at no cost.
- Direct Debit facility available - allow a third party to transfer money from your account, typically to pay bills eg. Phone, energy, gym
- Direct Credit facility available - automatically credit your LCU account with funds from another bank account
Eligibility and limits
- Residency: If not an Australian resident, you must complete a Tax Residency Declaration
- Available to individuals
- Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you c…
- To be eligible to join you must be at least 8 years of age and referred by a family member or friend who already has an account with LCU. Alternatively you may be eligible to join if you: work or liv…
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Published by Laboratories Credit Union under the Consumer Data Right, last changed by them on 6 Nov 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.