Pension Advantage Account

$0

Access Fee
2.50%pa

up to $50,000
$0

Minimum Amount

Apply

If you are receiving a pension or allowance from the Department of Family and Community Services or Department of Veteran Affairs, this is the account for you.

Features and benefits
Pension Advantage account features and benefits

Some examples of the pensions and allowances that satisfy our Pension Advantage account requirements include Age Pension, Wife’s Pension, Sole Parents Pension, Disability Support Pension, Widow’s Pension and Sickness Allowance. A State Superannuation Pension does not qualify.

Benefit from:
- $0 access fee
- No minimum balance
- Avoid and minimise your fees
- Free Internet Banking transfers
- SMS banking
- Internal transfers
- Cash deposits at selected offices
- Visa Debit card with payWave
- 24/7 access via Internet Banking and mobile app
All accounts

Rates and fees

Interest rates
up to $50,000	2.50%pa
over $50,000	2.50%pa
Interest rates effective date	Interest rates effective 1 June 2025
Interest rates type	Variable

Other information

For full details of our fees, please review the Fees and Charges brochure.

Download the Fees and Charges brochure [PDF]

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