Six reasons to join Police Bank

From special interest rates to an early pay-day, members can expect more from Police Bank than the average lender or financial institution.

With interest rates and living costs on the rise, many Australians are looking for a better deal from their bank. At Police Bank, we can offer that to members of the police community, with special products and rates designed to suit those who are keeping Australians safe.

As a member of Police Bank, here are just a few of the benefits on offer.

1. Profits go back to members and the community

Police Bank is member-owned, which means we don’t have to distribute our profits to shareholders. In other words, the money we make can go back to the police community and to improving our products and offers for members. Last year, we reinvested more than 10 per cent of our profits into the police community.

2. Our competitive rates are award-winning

We’ve consistently been recognised for our low rates and great value, with several of our products winning awards. Our personal loans, and home loans have received accolades from comparison site Mozo and Money Magazine.  

We’re particularly proud of our credit card, which has a low ongoing rate of just 10.76% and up to 55 days interest free on purchases, and no annual fee in the first year.

3. An early pay-day for NSW Police employees

If you’re a member of the NSW Police Force, you can expect your pay to hit your bank account a day early with Police Bank. All you have to do is switch over your payroll account to us and wait for the money to come in.

4. Special home loan rates for Police Force members and their families

As a serving member of the Force, you’re eligible to apply for our super competitive Police Value three-year Fixed Rate home loan. Family members and friends looking to fix their rate can also apply for a great deal with our Goldrate Fixed Rate home loan. (Terms & Conditions, Fees & Charges and Lending Criteria apply.)

5. Deals for Police Academy graduates

We recognise it can be difficult for police graduates to get set up after their training, which is why we have a range of offers for our newest members. We have low personal loan rates available for graduates and also reward savers with higher deposit rates than many other banks offer. 

6. Making sure your assets are protected

Insurance can give you the assurance that your most valuable assets are protected even if disaster strikes.  We offer our members a 10% discount on general insurance and motor insurance in the first year if you pay online.

Again, these are just some of the benefits you can expect as a member of Police Bank. To find out more, speak to us today.