Changes to Transaction Fees
QPCU's fee structure gives you the ability to minimise transactions fees by choosing from the many free or low cost transactions, with the added benefit of a Loyalty Rebate if you have your loans and investments with QPCU.
Importantly, members will be able to access their accounts without transaction fees by taking advantage of:
- 5 ways to access your accounts for FREE
- PLUS 5 FREE EFTPOS transactions each month
- PLUS 5 FREE Direct Debits each month
| Transaction Type | Cost |
| ‘Credit’ Transactions on Visa Debit | FREE |
| Bpay Transactions | FREE |
| All deposits – including Bank@Post | FREE |
| Internal Transfers (phone/net) | FREE |
| Internal Periodical Payments | FREE |
| All transactions on S20 Accounts | FREE |
| EFTPOS | 5 FREE then $1.00 |
| Direct Debit | 5 FREE then $0.50 |
| Personal Cheque | $1.00 |
| ATM/Bank@Post withdrawals | $2.50 |
| Cash Withdrawal/Cash PersonalCheque | $2.50 |
| Internet Banking External Transfer | $2.50 |
| External Debits/Periodical Payments | $2.50 |
| Internet Banking Cheques | $3.00 |
| Counter Cheques | $3.00 |
| Periodical Payment Cheques | $3.00 |
| International ATM | $5.00 |
| Cash Advance – Aust & International | $5.00 |
Transaction fees will be calculated on transactions across all “S” type savings accounts, with the exception of the S7 Junior Saver, S17 InControl Access, and S20 NetLink Direct Savings Accounts. The other exception is the S8 Christmas Club Accounts, which will retain the existing $5 withdrawal fee from January to October each year.
Transaction fees and the low balance fee will be debited from your S1 Savings Account, or if funds aren’t available in that account, they will be debited from any available QPCU Account. If no funds are available your account will be overdrawn.
