When you choose our Express Saver account you’ll earn our highest ’at call’ interest rate on your total account balance, calculated daily.

The EXPRESS SAVER is an exceptional account for people who are serious about making their savings grow! You can start with as little as $1 and your funds won’t be locked away for a set period of time.

KEY FEATURES

• NO FEES!
• No fixed term
• No minimum deposit
• Access 24 hours a day, 7 days a week by phone or internet banking   
• Interest calculated daily on your total account balance
• Interest paid monthly
• Exceptional interest rate

YOUR FREQUENTLY ASKED QUESTIONS ANSWERED...

1. How do I open an Express Saver?
   Easy! Just call us on 1300 362 216. There’s no paperwork to complete.
   
2. How do I deposit to my Express Saver?
   Deposits can only be made by transferring funds from your Credit Union Everyday Saver to the Express Saver by Telebalance Phone Banking on 1300 362 216 and RailNet Internet Banking.
   
3. How do I withdraw from my EXPRESS SAVER?
   Your withdrawals can only be made by transferring funds from your Express Saver to your Everyday Saver or an account at another financial institution. You can transfer funds using Telebalance Phone Banking on 1300 362 216 and RailNet Internet Banking. In addition you can make deposits via internal and external direct credits, payroll deductions, Part Salary credits as well as monthly Term Deposit interest instalments.
   It is important to remember that services like direct debits, cheques, cash withdrawals, Visa card, EFTPOS, ATM’s, Bank@Post are not available directly from your Express Saver.
   
4. What transaction fees apply?
   NONE! There are NO transaction fees on your Express Saver.
   
5. Is there a minimum deposit amount to open the account?
   No. You can deposit as little as $1!
   
6. Can I have my interest paid to another account each month?
   No, but you are better off having your interest paid into the Express Saver so you earn interest on your interest!
   
7. Can I withdraw my money when I need it or is it locked in for a set period?
   You can access your money 24 hours a day, seven days a week using Telebalance Phone Banking or RailNet Internet Banking. Just transfer money into your Everyday Saver and it is ready for use immediately.
   
8. How does the ’Express Saver’ compare with similar accounts available?
   At Railways Credit Union, we will always aim to have one of the highest standard at call savings rates in Australia.

Read our Express Saver Product Disclosure Statement.