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Lodging your tax return COVID-19 Edition

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As many of us would already know, lodging your tax return at the end of this financial year may be different compared to previous years. COVID-19 has resulted in many disruptions in the workplace causing some companies to relocate their staff to work from home. The Australian Taxation Office (ATO) has recognised this and has implemented a different method to claim some of your expenses this year.

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Verified by Visa Changes to Visa Secure

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Visa recently enhanced its security for online purchases making the experience more seamless and easier while protecting Visa card users from fraud. Along with these enhancements, Visa has rebranded the name from Verified by Visa to Visa Secure.

Visa Secure is a free service available to all Members who are making online purchases with their Unity Bank Visa card. It provides an additional layer of protection for online purchases from participating retailers.

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Always Be On The Lookout To Avoid Scams

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Smiley face As your Mutual Bank, we strive to educate and operate vigilantly to prevent our Members from falling victims to scams or frauds. In the past few years, we have advised Members about different types of scams. The latest scam is where the caller identifies themselves as a representative of the "Fraud Department", "Visa Fraud Monitoring Team" or "Fraud team in Collins Street Melbourne" to coerce Members to provide their personal information, card number and transactional data.

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Savings Interest Rate Changes effective 1 June 2020

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We are reducing interest rates for our Bonus Saver Account (S7) by 0.10% to 1.00% (inclusive of the base rate plus bonus rate).

Read more: Savings Interest Rate Changes effective 1 June 2020