Laboratories Credit Union Limited


Lifestyle Account

The LCU Lifestyle Account is our ultimate all-in-one account! Combining your home loan and savings account into one simple account and allows you to reduce your home loan balance, and therefore the interest charged.

It acts as a line of credit/overdraft secured by a mortgage and allows you total flexibility with your money.

4.42% pa
interest rate

  • Convenient 24/7 access
  • Own your home sooner
  • Visa debit card available

Apply OnlineEnquire

  How do I apply?
  What documents do I need?

Evidence of Income:

  • Copy of 2 current pay slips or a letter from your employer stating commencement date and salary details
  • If your pay is not currently deposited to an LCU account, please supply 3 months' of complete bank statements
  • Proof and source of other income
  • If self-employed please provide full financial statements and tax assessments for the last 2 years and current figures no more than 3 months old
  • A copy of a recent rental lease or bank statements showing receipt of rent.

Evidence of Commitments:

  • Statement of your home and/or other loans
  • A copy of a recent rental lease or if boarding, a letter from the owner
  • Latest 3 months' of statements for all credit cards and store cards

  Additional information

Rates are subject to change. Please refer to our rates and fees page.
*Comparison rates are calculated on a loan amount of $30,000 over a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Lifestyle Account Overdraft
Interest Rate
Variable Interest Rate4.42% pa
Automatic Deposits (salary / account)Yes
Visa Debit Cards AvailableYes
Minimum Amount$2,000 
Loan periodOngoing
RepaymentsWeekly, fortnightly, or monthly
Interest chargesCalculated daily, charged monthly
Early repayments without penaltyYes