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eSaver Reward Account

Earn 0.95% p.a* on your savings. Simply deposit $1,000+ from a non-CUA account into your CUA transaction account.
Outstanding value deposit account for flexible & regular savers
Apply now
Open in less than five minutes
Once, twice, three times a winner.
We’re proud to have been awarded Australia’s Best Large Credit Union in the Mozo Experts Choice Awards for the third year in a row!
Features & benefits
Our eSaver Reward Account rewards you with bonus interest on your savings. Simply deposit $1,000 or more each month into your CUA transaction account and you’ll earn 0.95% p.a.* interest on your eSaver Reward balance – even if you make withdrawals.
Generous interest rates
Earn 0.95% p.a* on your savings. Simply deposit $1,000+ from a non-CUA account into your CUA transaction account.
Access your money, keep your interest
Dip into your eSaver Reward savings when you need to without losing your bonus interest.
$0 monthly fees
No monthly account fees, no online and mobile banking transaction fees, and no telebanker transaction fees.
No eSaver Reward deposit needed to earn interest
Earning bonus interest on your eSaver Reward is as easy as having your salary paid into your CUA transaction account
Your money is protected
Deposits up to $250,000 are guaranteed by the Federal Government under the Financial Claims Scheme.
Manage it all in one place
Having all everyday banking and savings accounts in one place, makes managing your finances at a glance easy via mobile and online banking.

Maximise your savings plan and earn more interest

eSaver Reward Account
Flexible savings + bonus interest
Be rewarded for banking with CUA
  • Earn 0.95% p.a* on your savings. Simply deposit $1,000+ from a non-CUA account into your CUA transaction account.
  • Enjoy an interest rate of up to 0.95% p.a.* on eSaver Reward balances up to $100,000
  • Manage your everyday banking and savings together via mobile and online banking
  • $0 monthly fees
0.90
%
p.a.*
Bonus variable rate
0.05
%
p.a.*
Base rate
0.95
%
p.a.*
Total rate
Apply now

Calculate your savings

Looking to maximise your savings plan and earn more interest?

This savings planner helps you estimate how much interest you could generate from your savings account.
The results provided by these calculators are an approximate guide only, and don't necessarily correspond to the precise operations of CUA deposit products. Any advice contained in this calculator has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice in this calculator, we recommend you consider whether it's appropriate for your circumstances. The Savings Calculator assumes that interest is calculated daily and paid monthly. The actual method of calculation in practice can vary depending on the product/account chosen.

Ready to apply online today?

Here's how

01. Ensure you are eligible to apply
There are a few eligibility requirements you should be aware of before applying for a CUA Savings Account.
02. Apply online
It should take about 5 minutes. You will need proof of ID.
03. Switch your salary
Deposit at least $1,000 into your accompanying CUA transaction account.
04. Watch your savings grow!
Set aside your savings in your CUA eSaver Reward Account and earn bonus interest.
Are you eligible?
  • Must be at least 18 years of age
  • Be a permanent resident of Australia
What you need to apply online
  • An email address and a contact number
  • Existing CUA Member number (if you already bank with us)
  • Australian Drivers Licence, Medicare or Passport Details
More ways to apply for a CUA account
Call us on: 133 282
Mon - Fri: 8:00am - 8:00pm (AEDT)
Sat: 8:00am - 4:00pm (AEDT)
Visit one of our CUA Branches. Find a branch

Tips for saving

Here are some handy tips for saving money

3 ways to save on your wedding

Your wedding day can be one of the most joyous and memorable occasions shared with family, friends and, of course, your life partner. However, with average wedding costs now sitting above $50,0001 according to an Australian wedding survey, it could also become a huge debt that lasts almost as long as the memories.

Five steps to set realistic financial goals

If getting solid and realistic financial goals in place sounds too much like hard work, these simple steps could be the answer.

A guide to saving for a home deposit

Trying to save for a home deposit but finding it a bit daunting? Toby Fon, manager of the CUA branch in Doncaster, Victoria offers his top tips to help first home buyers save for a deposit faster.

Important information Important information Show content

Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply.

This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the General Information, Terms and Conditions (GITC) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the GITC for more information.

Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.

* Rate current as at 18 December 2020 and is subject to change. Interest rate of 0.95% p.a. comprises a base interest rate of 0.05% p.a. plus bonus interest of 0.90% p.a.. Bonus interest only applies to balances up to $100,000 when you deposit a total of $1,000 or more each month by bank transfer from an external (non-CUA) account into your CUA everyday transaction account. The CUA everyday transaction accounts that are eligible to receive the monthly deposit are the Everyday, Everyday Snap, Everyday Youth, Everyday 50+, Everyday 55+, Everyday Business, Prime Access, Freedom Plus and Platinum Plus Accounts. The base rate of interest will be paid on the portion of any balance exceeding $100,000. Interest is calculated daily on whole balances and paid monthly.

eSaver Reward Account was awarded CANSTAR’s five star rating for outstanding value deposit account - flexible and regular savers - April 2020.