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Easy Retirement Account 

A transaction account designed to make life easier for retirees and pensioners.

Key features for our Easy Retirement Account

  • 1
    Convenience 

    • Minimum opening balance of just $1
    • e-banking & phone banking
    • e-statements
    • Branch and ATM access Australia wide
  • 2
    Interest & fees

    • Stepped interest rate 
    • Interest calculated daily and credited monthly
  • 3
    Eligibility

    Retiree over 55 years of age, self-funded retiree or a recipient Centrelink aged pension or Department of Veterans Affairs (DVA) administered pension.

Rates and fees

Interest rates

  • For that part of your balance between $0 - $9,999.99
    0.85%p.a.
  • For that part of your balance between $10,000 - $49,999.99
    1.70%p.a.
  • For that part of your balance between $50,000 - $249,999.99
    2.20%p.a.
  • For that part of your balance $250,000 and above
    2.50%p.a.

Fees

No monthly service fee

Things you should know

Target Market Determinations for products are available.

Mastercard

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

BPAY and OSKO® are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.

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.

Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

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