Savings accounts

Even when you're saving money, you want your funds to be at call. Nexus Mutual provides a comprehensive range of tailored, high-performing saving accounts available exclusively to our members.

Direct Saver account

  • A self-managed savings account accessed through mobile and internet banking, which pays a highly competitive rate of interest.

  • Features

    Save exclusively online and get high interest rates. The Direct Saver offers easy and instant transfers to other Nexus Mutual accounts, making this the smart way to save.

    • Earn high interest
    • Instant access – transfer money via mobile or internet banking when it suits you. Easily linked to Nexus Mutual day-to-day accounts such as Access or Cash Management accounts
    • Start saving with just $1 – no minimum account balance
    • No fixed term
    • No monthly fee
    • Interest calculated daily and paid monthly

     

Bonus Saver account

  • Reach your goals faster with an account that pays you bonus interest when you deposit at least $50 and make no withdrawals in the same month.

  • Features

    Get rewarded for leaving your money alone. With the Bonus Saver you'll receive extra interest for every month you deposit at least $50 and make no withdrawals, but with instant access when you need it.

    • Instant access
    • No monthly fee
    • Start saving with just $1 - no minimum account balance
    • No fixed term
    • Interest calculated daily and paid monthly

     

Junior Saver account

  • Features

    The Junior Saver account is the first step in developing your child's financial literacy. Designed especially for members under the age of 18, it encourages regular savings habits while also allowing easy access to funds.

    • Earns a high interest rate*
    • Bonus interest is paid in addition to your regular interest when you deposit at least $2 and make no more than two withdrawals in a calendar month
    • No monthly fee
    • No minimum account balance
    • No fixed term
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    *Subject to minimum deposit and withdrawal criteria. Please review Nexus Mutual's Account and Access Facility Terms and Conditions brochure, visit one of our branches or call us on 1300 65 33 28. This account is only available to members under the age of 18 years. A junior member may open only one Junior Saver account. Membership eligibility criteria applies to new memberships.

Cash Management

  • A high interest account with a wide range of facilities. Availability of sub-accounts means that it can also be used for special purposes and budgeting.

  • Looking for an everyday, high interest account with flexibility? Look no further than the Cash Management account.

    • Easy to access funds via mobile or internet banking when it suits you.
    • Withdraw from any rediATM across Australia.
    • Deposit at any EECU branch.
    • No monthly fee.
    • No fixed term or minimum account balance.
    • Interest calculated daily and paid quarterly.
    • Wide choice of electronic payment methods from BPAY to recurring payments.

Negotiated Deposit

  • Have funds in excess of $250,000 but don't want them tied up? Open a Negotiated Deposit account to get high interest rates with no monthly fee.