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Pensioner Security Account

  • App banking
  • Online banking

Maximum rate p.a.

0.05%

Base rate p.a.

1.80%

Pensioner Security Account

  • App banking
  • Online banking

Maximum rate p.a.

0.05%

Base rate p.a.

1.80%

Pros and Cons

For Pensioner Security Account

Benefits

  • Better than average maximum interest rate
  • No ongoing account fees

Drawbacks

    Commonwealth Bank Rate Savings Account overview

    For Pensioner Security Account

    Account Details

    Maximum rate p.a.

    1.80%

    Minimum age restrictions

    18

    Base rate p.a.

    1.80%

    Maximum age restrictions

    Maximum rate condition

    Not applicable

    Minimum opening deposit

    $1

    Interest calculation method

    Tiered

    Target Market Determination

    Visit Commonwealth Bank of Australia to view Target Market Determination.

    Features

    Joint application available

    Is online only

    Linked account required

    Methods of Access

    Internet facility

    ATM access

    Phone facility

    Eftpos facility

    Branch access

    App

    App only

    Fees

    Account keeping fees

    Eftpos fee

    $0

    ATM withdrawal fee

    $0

    Overseas eftpos fee

    $0

    Internet transaction fee

    $0

    Over the counter deposit fee

    $0

    Phone transaction fee

    $3

    Over the counter withdrawal fee

    $3

    Other Restrictions

    You can apply for a Pensioner Security Account if you: Are retired and at least 55 years old; or are at least 18 years old and receive an eligible pension