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Mini meca 2024

Police Bank U30 Super Charge Account

Advertiser disclosure
Interest rate
5.25% p.a.(for $0 and over)
Maximum rate
No Current Offer
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Police Bank U30 Super Charge Account - last updated: 26 March 2024

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What's hot
  • 5.25% p.a. maximum rate (conditions apply)
  • No ongoing fees
  • No minimum monthly transactions
What's not
  • Only available to those aged between 18-29
Mozo snapshot

Young and keen to grow your savings? Well, U30 Super Charge was designed specifically for younger Aussies with an interest rate of 5.25% p.a., one of the most generous maximum interest rates in our database.

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Key features

Police Bank’s U30 Super Charge account offers an amazing maximum interest rate of 5.00% for those between the ages of 18-29. This account has high returns with no frills. That’s right, there are no ongoing fees or minimum monthly transactions to meet monthly.

To start earning that 5.25% on your savings you’ll need to deposit your salary into any Police Bank Account each pay cycle, be a citizen or permanent resident of Australia, and agree to become a Police Bank member.

Be mindful that the high rate is only applicable to balances up to $10,000. If your account has a balance larger than that then you’ll receive zero interest rat

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Who is it good for

This account is designed for younger Australians. So if you fit within the 18-29 age range and meet the Police Bank requirements you can start earning with one of the most competitive rates around.

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Any catches

While the U30 Super account doesn’t come with any monthly fees or requirements, you will need to deposit your entire salary amount into its Easy Access account to qualify for the 5.25% rate.

Details

Rates and fees information correct as at 28 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 5.25% p.a.

n/a

n/a

Fees

$0.00

n/a

unlimited free transactions from internet and phone banking

$0.00

Police Bank, ATMx

n/a

$0.00

$0.00

n/a

$0.00

$0.00

n/a

Other financial bits

$0.00

$0.00

Monthly

Features

yes

n/a

no

no

no

yes

no

yes

yes

yes

yes

Full salary to be credited to Police Bank. Account for members aged 18-29 only.

none

Under 30

Customer Reviews

How are Police Bank savings accounts rated by the Mozo community?

Overall
8.6/10
Price
7.9/10
Features
7.3/10
Customer service
8.9/10
Convenience
7.2/10
Trust
8.9/10
Based on 90 Police Bank savings account reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

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