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
- A certified responsible investment deposit product
- 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]

Have you considered?

Here are some other ways we can help you

Switch to UniBank

Take advantage of UniBank benefits and switch all of your finances.

Join the bank that puts you first

Direct your pay and income

Make it easy to get to your money and make sure there is enough for all of your expenses by splitting your pay into other accounts.

Ways to bank

Managing your account

Useful information for making the most of your UniBank accounts.

To become a member, you'll need:

To be an Australian citizen or permanent resident
18 years old or over
+
Identification

Join

*Important information

Conditions of use—Accounts and access

Fees and charges

For deposit products no longer offered for sale please click here.

The Responsible Investment Association Australasia (RIAA)

Retail mortgages and deposits have been certified by RIAA according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsibleinvestment.org for details. The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.

Design and Distribution Obligations

The target market for this product will be found within the product’s Target Market Determination, available here.

Pension Advantage account

Features and benefits