Traditional Credit Union S28 Benevolent Account
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S28 Benevolent Account is a savings account from Traditional Credit Union. At $50,000 it pays 0.50% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $1 – $19,999.99 | 0.01% |
| $20,000 – $49,999.99 | 0.25% |
| $50,000 – $99,999.99 | 0.50% |
| $100,000 – $249,999.99 | 1.00% |
| $250,000 – $499,999.99 | 2.00% |
Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.
The feed states a minimum balance of $1.
Conditions
- not updated by the bank since 2025-10-31, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
- open only to clubs, not-for-profits, schools or community organisations
- for benevolent, not-for-profit or charitable organisations operating in remote Aboriginal communities, not individuals
- organisations operating in remote aboriginal communities
Features
The feed lists no features for this account.
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- minimum balance
- $1
- interest paid
- monthly
- interest calculated
- daily
- open to
- business customers
- organisation only
- open only to clubs, not-for-profits, schools or community organisations
- region limited
- open only to people who live or work in a certain area
Who can open it, in the bank's own words:
- Benevolent Organisations
About this account
Day to day transaction account for charitable and 'not for profit' organisations
Data
- Traditional Credit Union's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees.
- Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
- We read the bank's own page and terms against this page on 1 November 2026: business-banking-2, Business-Account-IFC-11-1703.pdf, TMD-S28-Benevolent-Account-011125.pdf, Account-Information-and-Access-V24-1703.pdf; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/traditional-credit-union.json: this bank's accounts and every balance band as JSON; Traditional Credit Union's page lists them.- The bank last updated this record on 31 October 2025. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Traditional Credit Union
- S6 Student Accountstale savings account, 0.00% base at $50,000
- S9 Child Accountstale savings account, 0.00% base at $50,000
- S3 Christmas Club Accountstale savings account
- S4 Family/Clan/Group Accountstale savings account
- S1 Everyday Accountstale transaction account, 0.00% base at $50,000
- S10 Online Accountstale transaction account
- S2 Budget Accountstale transaction account, 0.00% base at $50,000
- S24 Business Transaction Accountstale transaction account, 0.50% base at $50,000
All of Traditional Credit Union's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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