Check out our latest newsletter here. 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.

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, choosing the account you wish to ‘Transfer from’ and ‘Transfer to’.
  4. Check you have chosen the correct ‘To’ account and select one of the payment types, ‘Pay now’, ‘Pay later’ or ‘Recurring pay’. ‘Pay now’ will allow you to transfer within seconds using Osko®*
  5. Enter the Amount to transfer and a description.
  6. 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.