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Bank accounts, Savings accounts and Term Deposits

Pensioner Security Account

Put your retirement funds to work, while you relax

Pensioner security

Safe, secure and working for you

Enjoy peace of mind knowing your retirement savings or pension income is working hard, yet completely secure with the Commonwealth Bank and available whenever you need it.

Rates & fees

  • Interest rate
    up to 4.50% p.a. on the portion of the balance that is over $44,600
  • Monthly account fee of
    $0

 

More info about Pensioner Security Rates and FeesMore info

Features

  • Backed by the Commonwealth Bank, your money is in safe hands
  • Enjoy your choice of a keycard or linked Commonwealth Bank credit card to access your money when you need it

 

More info about Pensioner Security FeaturesMore info

What you'll need

  • A minimum opening deposit of $2,000
  • Account holders must be retired and at least 55 years old, or receiving a pension

 

What you'll need to apply for a Pensioner Security AccountMore info

Have you considered?

  • A term deposit can also be a great way to earn high interest on your savings.

Did you Know?

For convenient, 24-hour banking, we have the largest ATM network of any Australian bank.

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