Pensioner Deeming Account
If you are receiving an eligible Australian pension, you can enjoy access to your savings while maximising your interest earnings in line with the Government deemed rates.
Features
- No account keeping fees
- Interest calculated daily & paid quarterly
- Phone and Internet banking
- Account access via ATMs, branch, Bank@post, phone and internet banking
| Feature |
Availability |
| Redicard |
YES |
| Visa Debit |
YES |
| Cheque |
NO |
| NAB Deposit Book |
NO |
| Phone Banking |
YES |
| Internet Banking |
YES |
| Direct Debts |
YES |
| Direct Credits |
YES |
| Payroll Allocation |
YES |
| Transfer Order |
YES |
| BPAY |
YES |
| Overdraft |
NO |
| Bank@Post |
YES |
| Funds availability |
24/7 |
| Opening Balance |
$2000 |
| Minimum ongoing balance |
$0 |
| Interest Rate |
See our Interest Rate Schedule |
| Interest Calculated |
Daily |
| Interest Paid |
Quarterly |
Looking for an account that locks your savings away for a set period? Have a look at our Term Deposit Accounts.
Interest is calculated on daily balances on a stepped basis and paid quarterly. Interest rates are on a per annum basis and are current as at 1 October 2011. Interest rate changes will be advised as required by legislation. Full terms, conditions, fees and charges for the products are available from us in the Product Disclosure Statement (PDS) for Accounts, Access, Facilities, and Non Cash Payment Products when you apply. You should read all parts of the PDS before deciding to purchase these products.