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Change to interest payment frequency on savings accounts

Effective 30 April 2018, interest on all Queenslanders Credit Union savings and transaction accounts will be paid monthly. This represents a change to the Conditions of Use in relation to the following account types:

On all these account types, the interest accrued but not yet paid will be credited to the account on 30 April 2018 and at the end of each month thereafter. 

As always, Members are encouraged to ensure their tax file number or exemption is quoted to avoid withholding tax being deducted from the interest payment made on 30 April.

Should you have any questions regarding this change, please feel free to contact us on 1800 753 377.