Police Credit Union 54th AGM Call for Nominations for 2024. Read more about this notice

BEWARE of scams! Learn how to protect yourself. Learn more about this notice

Police Credit UnionGo to website homepage

Online Redraw

If you're ahead on your home loan repayments, you may be able to access those extra funds.

You could WIN $250

Make an Online Redraw between 1 June and 31 July 2024 using Online Banking or our Banking App, and you’ll be automatically entered in the draw to WIN $250!

T&Cs apply^

What is Online Redraw?

If you find yourself ahead on your home loan repayments, you may be able to access those funds to make other purchases. Maybe it’s a renovation, a holiday or an investment opportunity…

Accessing the redraw funds is easy and free using Online Banking or our Banking App. Minimum redraw amount is $200.

Redraw with Online Banking

  1. Log in to Online Banking
  2. Select ‘Payments’ > then choose ‘Transfer Money’ or ‘BPAY®
  3. Select your ‘Transfer From’ Account
  4. Select your ‘Transfer To’ Account/Payee
  5. Enter the amount you wish to transfer
  6. Initiate the transfer.

Redraw with our Banking App

  1. Click on the ‘Pay’ icon on the home screen or ‘Transfers & Payments’ in the main (hamburger) menu.
  2. Choose ‘Transfer’/’Transfer Between Accounts’ or to transfer to someone else select ‘Pay Anyone’ or make a payment using ‘BPAY’.
  3. Then simply follow the prompts, making sure you have correctly chosen the account you wish the funds to transfer ‘From’ and ‘To’.  
  4. Finalise the transfer/payment by selecting ‘Pay’.

Get in touch

To find out more, speak to our friendly staff:

Call 1300 131 844 during business hours
Email us at [email protected]
Visit a branch

Mail: PO Box 6074 Halifax Street PO, Adelaide SA 5000

If any of your CDR data is incorrect, please contact us. You can also send a Secure Message via the Inbox in Online Banking or the Banking App. We will not charge any fee for requests to correct customer CDR data.

If you have a complaint or an issue, please read about our complaints process here.