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We are reducing the interest rate for the following savings product, effective 1 October 2024. Bonus Saver Account S7 for balances $1 - $100,000 interest rate reduced by 0.05% to 4.45%1 For more details, please visit the Savings Interest Rates page here. 1. Eligibility criteria, terms and conditions, fees and charges apply. Bonus interest rate applies to account balances under $100,000 if those accounts have a minimum monthly deposit of $50 and no withdrawals, transfers within the calendar month. Standard interest rate applies to account balances over $100,000, and up to $100,000 if the account does not meet above criteria for bonus interest rate. Example: Member’s bonus saver account balance is $112,413.59 at the end of the month. During the month member has deposited $50 and made no withdrawals. Bonus interest is payable on $100,000 and standard interest is payable on $12,413.59. Interest is calculated daily and paid monthly. Bonus interest rate is currently 4.44% and standard interest rate is currently 0.01%. Rates are subject to change. Personal banking only. Only one bonus saver account can be opened per membership.

We have recently updated our Account & Access Facility Conditions of Use as a result of changes to the minimum age requirements of Apple Pay users. Effective 15 March 2024 Section 37.2 Digital Wallet Services now states that if you are under the age of 13, Apple Pay is not available, and you are unable to add a card in the Apple Wallet. Our latest Account & Access Facility Conditions of Use can be found here. If you would like to discuss any of these changes, please contact us on 1300 36 2000 8:00 am to 7:00 pm AEST, Monday to Friday.

From the 1st of January 2024 we are changing the way we notify Members of Interest rate changes affecting Overdraft and Credit card products. Currently, we publish an advertisement in a national newspaper advising our members of the changes to our existing Overdraft and Credit card products. From the 1st of January 2024 we will no longer be publishing an advert in the national newspaper, instead when a rate change for these products occurs, we will publish a notice to the latest news section of our website. We believe this change will improve our rate change process and this notice will be more visible and accessible to our members.   FAQ's When will this be changing?From 1st January 2024, this will take effect to future interest rate changes to our existing overdraft and credit card product holders. Why is this changing?New legislation now allows Unity Bank to publish this notification on our website instead of a national newspaper. This allows for the notice to be more visible and accessible to our members. Where can I find this notice on the Unity Bank website?When published, this notice can be found in the latest news section under the category Important Information on the Unity Bank website. I received a letter in the mail for my home loan, will this be changing too?No, interest rate letters will continue to be sent for lending products. This notification only applies to members with an Overdraft or Credit card product.

What’s New Enjoy an enhanced online experience with a seamless, user-friendly, and modern interface. Although the design is fresh, our core values and commitment to your financial security and success remain the same. For Reliance Bank Members, if you have previously bookmarked the Reliance Bank website URL, don't worry! You can continue to access the new website via www.reliancebank.com.au, and be seamlessly redirected to the updated experience at www.unitybank.com.au. The website now features Reliance Bank information and contact details in conjunction with the Unity Bank brand. Internet Banking The website has clearly marked separate login buttons for Unity Bank and Reliance Bank Internet Banking in the top-right corner, which operate the same as they do now. Why Did We Move to One Website? The costs involved in maintaining two websites are significant, and we are conscious that it is your money as a member-owned bank. The products and services are the same for Reliance Bank and Unity Bank, so it makes sense not to duplicate the costs and resources involved in maintaining two websites. Support and Contact Information Contact details, branch addresses, and member support information for both Unity Bank and Reliance Bank are prominently displayed on the website, ensuring easy access to assistance when needed. If you have any questions or need assistance exploring the new website, please do not hesitate to contact us on 1300 36 2000.

There are changes that have been made to our Privacy Policy and Privacy Notification documents. These changes are effective from 27 July 2023. Please see our latest Privacy Policy and Privacy Notification below. Privacy Policy Privacy Notification If you would like to discuss any of these changes, please contact us on 1300 36 2000 8:00 am to 7:00 pm AEST, Monday to Friday.

  From 1 January 2023 Unity Bank members including business account holders will no longer have to pay a fee to withdraw funds using the Bank@Post service available at over 3,100 Post Offices throughout Australia. For Members without easy access to one of our branches or a nearby ATM, banking at the local post office provides a convenient alternative. Until now a $2.60 fee ($3 for Business Accounts) has applied for withdrawals to cover the cost of Australia Post providing the service. From 1 January 2023 this cost will now be absorbed by the Bank, and the withdrawal fee removed. Click here to learn more about Bank@Post facilities. You can access the Fees and Charges Transaction Limit Document here.