Laboratories Credit Union Limited

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Young and Free Student Account

LCU’s Student accounts are a great way to teach the younger generation about savings! It is important for our kids to learn good savings habits at a young age so they are equipped to make informed financial decisions in the future.

up to
4.50% pa
interest rate1

  • Teach your children the importance of saving money
  • No monthly account keeping fees
  • Higher rate of interest for deposits up to $1000
  • Visa Debit Cards may be available2
  • Access to funds through mobile, telephone or internet banking

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  How do I apply?
  Additional information

Rates are subject to change. Please refer to our rates and fees page.
1Interest rate available for balances up to $1000, for balances over $1,000 please refer to the On Call Savings Account S1 interest rates
2Only available to High School and Tertiary students with a regular monthly income.


Young & Free Student Account (S33)
Interest Rates
Interest Rate4.50% pa1
Features
Visa Debit Cards AvailableYes 2
ATM/EFTPOS AccessYes 2
BPAY®Yes 
Branch AccessYes 
Minimum Amount$1 
InterestCalculated daily, paid June and December1
Funds AvailableAt call 
Online & Phone BankingYes 
Account keeping feesNo
Automatic Deposits (salary / account)Yes


 

1 Interest rate available for balances up to $1000, for balances over $1,000 please refer to the On Call Savings Account S1 interest rates

2 Only available to High School and Tertiary students with a regular monthly income.