Fees
Other Fees
| Fee | Amount |
|---|---|
| ATM Withdrawal Fee (Australia and Overseas) | We do not charge any fees when using ATMs within Australia. Your card is accepted at over 10,000 fee-free ATMs including most major banks, however some ATM operators may charge a fee to process your transaction or balance enquiry. If withdrawing cash overseas a fee may be charged by the ATM operator and the details will be disclosed at the time of the transaction or enquiry. Other fees and charges may apply. This is general advice only and you should consider the terms and conditions before determining whether any of our products are suitable to your situation. |
| Visa Currency Conversion | |
| You perform a transaction in a currency other than Australian dollars using a Visa card. This fee is included in the AUD amount debited to your account and comprises 2.00% charged by third parties and 1.00% charged by Credit Union SA. | 3% of the AUD transaction amount |
| rediCARD Currency Conversion | |
| You perform a transaction in a currency other than Australian dollars using a rediCARD. This fee is included in the AUD amount debited to your account and represents third party charges passed on at cost. | 2% of the AUD transaction amount |
| Electronic Decline Fee | |
| This fee only applies on the Bonus Savings Account | $0.50 per declined electronic transaction |
| Term Deposit Early Withdrawal | |
| If you ask to withdraw part or all of your term deposit funds before the contracted maturity date, an administration fee of $20 and an interest adjustment will apply: The interest rate that applies to the amount withdrawn early will be adjusted to reflect the proportion of the contracted term elapsed.For example, if you make a withdrawal 70% of the way through your contracted term deposit, you will only receive 70% of the interest that would otherwise have been payable on the amount withdrawn. The administration fee of $20 will be deducted from the amount of interest paid to you. The combined amount of the administration fee and interest adjustment cannot be higher than the amount of interest your deposit has earned at the time of the early withdrawal. This means you’ll never end up with less than your initial deposit amount. Any funds that are not withdrawn early and remain in the account until maturity will continue at the contracted interest rate. | Calculated at the time of the withdrawal request |
| Arrears Fee | |
| Payable whenever we send you a letter because you do not make a repayment in full on or before the date it is due and the default continues for three days or more. | |
| Letter 1 – arrears 3 to 10 days | |
| Letter 2 – arrears 11 to 18 days | |
| Letter 3 – arrears 19 to 26 days | |
| Letter 4 – arrears 27 days or more | |
| First letter | $0 |
| Subsequent letters | $10 |
| Bank Cheque Fee | |
| You request a bank cheque issued by the NAB and we collect and pay for the bank cheque on your behalf. | $18 |
| You request a bank cheque issued by the NAB and you collect the cheque directly from a NAB branch. | $12 |
| [email protected] Cheque Dishonour | |
| You deposit a cheque through an Australia Post [email protected] outlet that is dishonoured by the drawer’s bank. This fee is not charged by Credit Union SA and will be passed through to you. | At cost |
| Cheque Special Clearance | |
| You request us to arrange urgent clearance of a cheque deposited to your account. | $15 |
| Dishonoured Payment | |
| A payment of any type from your account is rejected or dishonoured due to insufficient funds in the nominated account. For scheduled transfers and payments, the fee will only be charged if there are insufficient funds for five consecutive days. | $5 |
| Documentation Request | |
| You request us to provide information relating to your membership or account, including details of individual transactions and general information requests, and the request takes us more than 30 minutes to complete | $15 per 15 minutes after first 30 minutes (the first 30 minutes are free) |
| Dormant Account | |
| Your membership has been inactive for a period of 24 months or more. | $10 charged each June and December |
| Insufficient Funds Transfer | |
| The credit union transfers funds between your accounts to enable a personal cheque or electronic payment of any type to be honoured, or to clear account overdrawn or over limit balances. | $5 |
| Overdrawn or Overlimit Account | |
| Each day that your account is overdrawn (where you have no approved credit limit) or the account is overdrawn beyond your approved credit limit and you have performed at least one debit transaction to the account or card that day. | $5 |
| Search Fee | |
| We are required to perform a company or business name search for a non-personal account. | $20 charged at the time of request |
| Accounts No Longer For Sale | |
| Different transaction fees and entitlements apply to transaction accounts that are no longer for sale. Please refer to the Deposit accounts and access services terms and conditions document for more information. | |