hmcdirect Savings Products

With the cost of providing transactions proving to be a huge problem for your Credit Union, hmcstaff is now offering an attractive range of products to members who choose to transact through another financial institution. 

A hmcdirect account, means surrendering your Credit Union’s VISA card, Redicard and cheque book for a better rate of interest.

For many the trade off is worthwhile as it is convenient to link hmcdirect with your local financial institution.

S2

High Rate Savers Account                                            

  • Cleared funds @ call.
  • Fee free
  • No minimum balance
  • Interest calculated daily and paid monthly to your account

Use this account for investment or budgeting and use BPay for your bill payments directly from the account. Available 24 hrs a day via Phone and Internet Banking. More information

6.90
% pa

S3

Christmas Savers Account                                          

  • Interest calculated on a minimum monthly balance basis (paid six monthly, March and September).
  • Access from the 1st business day in December until 31st December.
  • Fees apply for withdrawals outside access period.

Use this account for saving towards Christmas gifts and expenses. More information

6.25
% pa

S4

Targeted Savers Account                                            

  • Earn high interest and draw from your account in you nominated month.
  • Interest calculated on a minimum monthly balance basis (paid six monthly, March and September).
  • Fees apply for withdrawals outside nominated access period.

Use this account for saving towards that specific goal or your annual holiday. More information

6.25
% pa

S27

Offset Savers Account                                                 

  • No interest on this account but the savings held in the account reduce the balance on which your hmcdirect options mortgage interest is calculated.
  • Cleared funds @ call.
  • Fee free
  • No minimum balance

Use this account for investment (effectively you're earning the hmcdirect options mortgage rate tax free) or budgeting and use BPay for your bill payments directly from the account. Available 24 hrs a day via Phone and Internet Banking. More information