Easy to use transaction account for eligible customers.
Three reasons to open a Concession Account
Find out if this account is the right fit for you.
For concession card holders
Designed for everyday banking with $0 monthly service fee, free e-banking transactions
Debit Mastercard®
Access your money with a Debit Mastercard® and enjoy 24/7 fraud monitoring
Security
Peace of mind with Multi-factor authentication (MFA) and protecting your card against unauthorised transactions
Concession Account summary
A transaction account designed to make life easier for concession card holders.
- Minimum opening balance of just $1
- e-banking and phone banking anywhere, anytime
- Branch and ATM access Australia wide
- Access your money with a Debit Mastercard®*
- Go green and set up e-statements on your account
Rates and fees
Here are some rates and fees that may apply to your account. For the full list of fees and charges, please refer to schedule of fees and charges.
Monthly service fees
$0
Branch & ATM
$0 - unlimited Bendigo Bank ATM and branch withdrawals
Transactions
$0 - unlimited EFTPOS withdrawals and retail purchases within Australia
Transfers
$0 - unlimited e-banking transfers; BPAY®, Pay Anyone (including OSKO®) and phone banking transfers
Withdrawals
Only pay to withdraw via
- Bank@post
- Bank cheque
- EFT Transfer
- Periodic Payment set up in branch
Interest rate
Current interest rate is 0.00% p.a.
Interest calculated daily and paid monthly.
How to apply?
Read our eligibility criteria and have your documents ready.
Identity
If you are a new customer, we will need to verify your identity via any two forms of IDs listed below.
- Drivers License
- Passport
- Medicare card
Eligibility
Hold one of the following Commonwealth Government concession cards:
- Health Care card
- Pensioner Concession card
- Commonwealth Seniors Health card
- Department of Veterans' Affairs Health card (Gold card only)
Ongoing requirements:
- You must have your qualifying Government pension or allowance paid into this account (where applicable)
- You will need to provide proof of ongoing eligibility
Joint or Business accounts
Not available as a joint account or for Business customers
Open a Concession Account
Check that you meet our eligibility criteria. Open our convenient transaction account and get access to useful features.
Apply in-branch
If you are a new or an existing customer, you can apply at your preferred branch.
Contact us
If you’d like more information you can contact us on 1300 236 344.
Enquiry form
If you’d like more information and would prefer we contact you, fill out our online enquiry form.
Travel Insurance
Different options for different travellers, all designed to protect you from medical emergencies and unforeseen changes to your plans.
Helpful tools
Discover our library of helpful tools to manage your finances, set goals, and achieve more.
Need help?
Whether you prefer online resources, phone assistance, or a friendly face-to-face chat, we offer a variety of ways to get the support you need. Let us know how we can help!
Online
Complete the online enquiry form to get contacted via your phone or email.
At a branch
Use our branch locator to search for a branch, agency or ATM near you.
Phone
If you have clicked on any suspicious links and entered your e-banking details:
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Things you should know
^ Roy Morgan Risk Monitor 2023. Customers of Bendigo and Adelaide Bank Limited.
Target Market Determinations for products are available.
BPAY and OSKO® are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.
Mastercard trademark
Mastercard and Priceless are registered trademarks, and the circles design and Tap & go are trademarks of Mastercard International Incorporated.
This information does not take your personal objectives, financial situations or needs into account. You should consider its appropriateness to your circumstances before acting on this information. Please read the disclosure documents for your selected product or service, including the Terms and Conditions, before deciding. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.
