Back Pay Advantage Program
Make Your Back Pay Work Smarter
Two flexible options designed to help you grow your money
or access it when you need it.
ASCU Back Pay Advantage Program lets you choose
what fits your life right now.
Finance your carnival the smart way with an ASCU Carnival Loan!
Carnival is all about great vibes, but that means big expenses too.
An ASCU Carnival Loan is a simple cash-plus-savings package;
so you have money for everything for the season, and still have
some savings afterwards.
Finance your carnival the smart way with an ASCU Carnival Loan!
Carnival is all about great vibes, but that means big expenses too.
An ASCU Carnival Loan is a simple cash-plus-savings package;
so you have money for everything for the season, and still have
some savings afterwards.
Program Terms
Option 1 – Fixed Deposit
Grow Your Back Pay
Earn up to 4% by placing your Back Pay into a Fixed Deposit, a simple and secure way to build toward future goals.
Option 2 – Share-Based Access
Access More When You Need It
Access up to 3× your Share Deposit, with rates starting from 0.50% on a reducing balance, giving you flexibility while keeping your money working.
Loan amount:
$45,000
Cash in hand:
$30,000
Savings investment:
$15,000
Repayment:
1% Interest*
Term:
Up to five years.
LOAN TERMS
Loan amount:
$45,000
Cash in hand:
$30,000
Savings investment:
$15,000
Repayment:
1% Interest*
Term:
Up to five years.
Your Carnival countdown starts now, don’t wait.
Start your Carnival loan pre-qualification today!
How it Works:
Complete the pre-assessment form.
Our loans team estimates your eligibility.
Proceed to full application if pre-assessment is approved.
Pre-assessment Form
Complete this short form so our Loans Team can provide an initial eligibility review for the ASCU Back Pay Advantage Program.
Please note: Submitting this form does not guarantee approval.
