Pensioner deeming accounts

RateCity Staff

By RateCity Staff

1 min read

Pensioner deeming accounts are special accounts to anyone over 55 or on a government pension. The deeming rates are set by the commonwealth government and used to calculate income for pension and social benefits.

A guide to deeming calculation can be found on the Australian Govenrment Department of Human Services website.

Deeming accounts offer similar features to standard personal transaction accounts including cheque, ATM, internet and phone facilities.

Make the most of your money today, compare savings accounts and work out your potential savings growth with our savings calculator. For more information visit our detailed savings account guide or follow our news articles to get the latest savings tips.


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