Terms and Conditions

Savings
Online Supersaver Account
Leasing
Loans/Visa Credit Card
Reverse Mortgages
Fixed Rate Loans
Internet banking
Bank@POST (formerly giroPOST)
Christmas Club
Visa Debit Card
Allianz
Term Life Direct Insurance
Health Insurance
Member Rewards
Bridges Financial Planning
Equity Maximiser
Insurance Commissions
Payroll
Reduce your fees and charges

Savings
Effective: 1 June 2009. Terms and conditions, fees and charges apply and are available on request. The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Online SuperSaver Account

Effective: 1 June 2009. 1. Access available from S1 account. 2. Your Online SuperSaver Account balance does not contribute to your Member Rewards. 3. Online SuperSaver Account has a tiered rate, refer to current interest rates. 4. Terms and conditions, fees and charges apply and are available on request. 5. The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Leasing
Effective: 1 June 2009. Police Credit Union recommends you seek independent advice on salary packaging.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Loans/Visa Credit Card
Effective: 1 June 2009. Terms and conditions apply and are available on request. Fees and charges and lending criteria apply.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Retirement Lifestyle Loan (Reverse Mortgages)

Effective: 1 June 2009. Terms and conditions apply and are available on request. Fees and charges and lending criteria apply. Due to strict lending criteria of this product, Members must seek independent legal and financial advice. If the loan is paid out in full within 3 years of the initial funding, an early exit fee applies. Product only available in certain geographical areas.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Fixed Rate Loan

Effective: 1 June 2009. Terms and conditions apply and are available on request. Fees and charges and lending criteria apply. An Early Repayment Fee may apply if during any fixed rate period applicable to your loan you repay:

• more than $5,000 above contractual repayments (partial early repayment)
• or the whole of the unpaid balance (full early repayment)

and the fixed rate that applies to the loan is more than the prevailing market interest rate at the time of early repayment.

The Early Repayment Fee is calculated to recompense us for loss of early payout. For details, please see our Fees and Charges Brochure.

The 5 year fixed rate loans are available for principal and interest loans only. No interest only loans.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Internet Banking
Access to the service is free however certain transactions may attract a fee see current fees and charges brochure.

Effective: 1 June 2009. Terms and conditions, fees and charges apply and are available on request. The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Bank@POST (formerly giroPOST)
Effective: 1 June 2009. Australia Post terms and conditions: Bank@POST and its device mark are registered trade marks of The Australian Postal Corporation. All rights reserved. Make withdrawals up to $1,000 per day. Deposit cash and cheques (7 working days clearance on cheques deposited). Cheques made out in joint names will not be accepted for deposit through Bank@Post. Terms and conditions, fees and charges apply and are available on request. The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Christmas Club
Effective: 1 June 2009. Terms and conditions, fees and charges apply and are available on request. A withdrawal fee is payable if you withdraw money between 1 January and 31 October. Please refer to our fees and charges brochure. The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Visa Debit Card

Effective: 1 June 2009. Terms and conditions, fees and charges apply and are available on request. The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Allianz

Effective: 1 June 2009. Allianz Australia Insurance Limited (Allianz) AFSL No: 234708, ABN 15 000 122 850 of 2 Market Street, Sydney NSW 2000 is the issuer of this insurance. In arranging this insurance Police Credit Union, AFSL No: 240018, ABN 95 087 650 799, acts as an agent for Allianz not as your agent. The information contained in this guide is a summary only. We do not advise you whether the insurance is appropriate for your personal objectives, financial situation or needs. To decide if it is appropriate for you, please carefully read the Product Disclosure Statement where relevant, which are available from Police Credit Union. If you purchase this policy, we will charge you an agreed premium, including any relevant taxes and charges. The total premium may vary due to rounding. If you buy Allianz products, Police Credit Union may be paid a commission of up to 30% of the premium. For more details ask Police Credit Union. Please note: When obtaining a quote you will be entering Allianz's website and you must comply with the Allianz privacy policy.

The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

Terms and conditions, fees and charges apply and are available on request.

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Term Life Insurance

Effective: 1 June 2009. Issued by St Andrew’s Life Insurance Pty Ltd ABN 98 105 176 243 AFSL 281731 (St Andrew’s). Any information here is not advice and does not take into consideration your objectives, financial situation or needs, which you should consider before deciding whether to acquire any product. You should also consider the Product Disclosure Statement and it appropriateness before deciding whether to acquire Term Life Direct. Term Life Direct is not a product of, nor guaranteed by, The Police Department Employees' Credit Union (PCU). St Andrew's is not an Approved Deposit Taking Institution. A Term Life Direct policy does not represent a deposit with or a liability of PCU. PCU does not guarantee or accept liability in respect of Term Life. PCU receives a commission of up to 20% of the insurance premiums (excluding stamp duty and GST) paid by customers referred to St Andrew's. PCU is providing information only and not recommending or expressing an opinion about Term Life Direct.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Health Insurance

Effective: 1 June 2009. Police Credit Union is not a Health insurer and recommends you read all terms and conditions and obtain independent advice before choosing any insurance plan. Special Rates are not available on Health mate. Reduced waiting periods do not apply to pre-existing illnesses or ailments, obstetrics conditions or to conditions that have longer waiting periods.

The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

Terms and conditions, fees and charges apply and are available on request.

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Member Rewards

Applicable as at: 1 June 2009. The Member Rewards program rewards you for doing business with the Credit Union. The program gives you more fee free personal cheques, ATM and EFTPOS transactions than would normally apply to our Member's accounts. Member Rewards are assessed on a calendar monthly basis. Individual and primary joint account holders qualify for Member Rewards where the combined balances of all savings, investments and drawn loans within the one membership only are kept over $5,000 for the whole calendar month. Secondary joint account holders qualify for Member Rewards for transactions on the joint S1 account or where the combined balances of any of your individual accounts are kept over the $5,000 for the whole calendar month. Transactions conducted using the Visa Credit Card do not count towards Member Rewards. Member Rewards do not apply to fees for ATM balance inquiries, Visa Cash advances, overseas ATM withdrawals or any drawn loan balance from a PCU MasterCard, AMS securitised mortgage, Equity Maximiser loans, Police Value Home Loan, Online SuperSaver Account or Leasing accounts. Refer Fees and Charges brochure.

The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

Terms and conditions, fees and charges apply and are available on request.

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Bridges Financial Planning

Effective: 1 June 2009. Bridges ASX Participant, AFSL No. 240837. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the PDS in deciding whether to use a particular product. In referring Members to Bridges, Police Credit Union does not accept any liability or responsibility for any act or omission or advice provided by Bridges or its Authorised representatives. Bridges pay referral fees ranging from 0% to 30% of the entry and/or any ongoing fee (plus incentive payments from the amount you pay Bridges).

The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Insurance Commissions
When we sell insurance policies, PCU is paid a commission by the product issuer based on the premium paid by you (20% for CUNA products; 30% for Allianz Travel Insurance and 20% for American Home Assurance Company Personal Injury Cover). When providing these products to you we are acting on behalf of our business partners and not as your agent. Financial Services Guide (FSG) are available at all branches and on our website. You should read and consider the FSG and your personal needs or financial circumstances before deciding to use any product.

The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

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Equity Maximiser

Applicable as at 1 June 2009. Terms and conditions apply and are available on request. Fees and charges and lending criteria apply - refer to the Equity Maximiser fees and charges brochure for the full listing of fees and charges.

No establishment fees or Credit Union legal fees if you:
(a) consolidate all of your existing PCU memberships into one PCU membership by closing all but one of your existing memberships; and
(b) obtain or have a PCU Visa Credit Card; and
(c) have only one security property and the cost of the valuation does not exceed $230. Otherwise $545 establishment fee and additional/excess valuation fees apply.

Deposit and payment product issuer: The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

Terms and conditions, fees and charges apply and are available on request.

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Payroll

Deposit and payment product issuer: The Police Department Employees' Credit Union Limited. ABN 95 087 650 799 AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

Terms and conditions, fees and charges apply and are available on request.

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Reduce your fees and charges

*The Member Rewards Program rewards you for doing business with the Credit Union. The program gives you more fee free personal cheques, electronic periodical payments, ATM and EFTPOS transactions than would normally apply to our Members accounts. (Refer to Schedule Fees and Charges brochure and Member Rewards brochure.)

# Access to the service is free however certain transactions may attract a fee see current fees and charges brochure.

The product issuer for deposit and payment products is Police Credit Union Ltd, AFSL No 240018. A Financial Services Guide (FSG) including terms and conditions is available at all Branches, upon request or click here. Any advice given has not taken into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Please read and consider the FSG in deciding whether to use a particular product.

The Police Department Employees' Credit Union Limited. ABN 95 087 650 799. AFSL No. 240018 Level 27, 1 Market Street Sydney NSW 2000.

Terms and conditions, fees and charges apply and are available on request.

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