Term Deposits | Premium Saver Account | Christmas Club Account
Pensioner Club Account | Student Account | Savings Account

Term Deposits

The CDF always offers competitive rates of interest on term deposits so why not call our freecall number 1800 810 330 and see for yourself.

Whether you have a large or small investment, you have the flexibility to choose a term between 3 and 12 months - whatever suits you best. The minimum investment is only $200. We also offer a monthly interest term deposit with a minimum balance of $5000. Interest may be sent to you by cheque, credited to your CDF savings account or credited electronically to an account at your financial institution. Fixed term deposit interest can also be compounded at maturity.

CDF Term Deposit members can have View Only CDF Online access on their account. Click here for more details.

Premium Saver Account

A cash management style account with full CDF Online banking access. The Premium Saver offers a very competitive rate of interest and absolutely no fees or charges. If you are interested in achieving a goal then the Premium Saver can help you get there fast. Interest is calculated daily and paid quarterly to help your savings grow even more quickly. Over the counter deposits must be a minimum of $100 and to help you stick to your savings plan the Fund only allows six withdrawals per year (unless you conduct your account via CDF Online). Saving is made easy with the CDF helping you to set up regular deposits through electronic transfers, salary deductions or direct debits. Opening a Premium Saver and organising deposits is therefore best done through the CDF Head Office (freecall 1800 810 330). Withdrawals are not allowed through our agency network.

The Premium Saver is also fantastic if you need an account where you can secure your funds in the short term but want to enjoy the benefits of an at-call, high interest account.

Click here for the interest rate.

CDF Premium Saver members can have full CDF online access on their account.
Click here for more details.

Christmas Club Account

Save for the most expensive time of the year and make it a Christmas to remember. Not only does the Christmas Club account have a very competitive rate of interest but it also has the added benefit of your funds only being available during November, December and January, meaning you won't be tempted to spend your savings throughout the year. Direct debits and salary deduction facilities make saving easy. You can also make regular deposits at one of our agents. A telephone password system means accessing your funds couldn't be simpler and you may choose to have your savings transferred electronically or mailed to you by cheque. Your account is never closed - after you use your savings from one year, your Christmas Club keeps working for the year after.

Click here for the interest rate.

CDF Premium Saver members can have full CDF online access on their account (Withdrawals can only be made between November and January).
Click here for more details.

Pensioner Club Account

If you are over 50 or receiving a Centrelink or Veterans Affairs pension you can open a CDF Pensioner Club Account. It is an at-call savings/transactional style account that pays the government deemed rate of interest. If you wish, you can have a transaction card to help you keep track of your savings and interest is calculated daily and paid half yearly on 30^th June and 31^st December. Pensions can be deposited directly into your Pensioner Club Account - simply phone the Fund for the correct account details you will need to give Centrelink or Veterans Affairs in order for this to happen. You can make deposits and withdrawals on your Pensioner Club account at our head office (841 Hunter Street, Newcastle West) or at any of our agencies throughout the diocese. We can also arrange for a password to be attached to your account and you can do transactions over the phone with a staff member.

Click here for the interest rate.

CDF Pensioner Club members can have full CDF online access on their account.
Click here for more details.

Student Account

A Student account helps children learn the value of money. Student accounts are operated through most Catholic primary schools. Deposits and withdrawals can also be made at any one of the CDF's agents. When savings of $200 or more is reached a student may elect to transfer money into a term deposit therefore learning about the value of investment. All children at diocesan primary schools receive a copy of the student newsletter Dollars And Sense. The newsletter has many fun activities and competitions for children as well as some great information for parents.

To open an account or for information about participating schools phone
freecall 1800 810 330.

CDF online - no access available

Savings Account

An everyday transactional account that can be operated with a transaction card if you like. Savings accounts can be opened and operated through the CDF agency network or at our head office. With a savings account you have access to all our normal facilities that make deposits and withdrawals easy - telephone access, free cheques, salary deductions, electronic funds transfers and direct debits.

Phone the Fund on freecall 1800 810 330 to find out how to open a CDF savings account.

CDF Savings account members have Full Internet Access on their account.
Click here for more details.