In this guide

  • Review
  • Details
    • Key details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.

Bendigo Easy Retirement Account

  • Avatar
Bendigo Bank Easy Retirement Account
Maximum variable rate
2.50% p.a.
Base interest rate


Make saving for retirement simpler and easier with low to no fee transaction account.

If you are over 55, and a self-funded retiree or on an aged or veterans pension, you can sign up for the interest-earning Bendigo Bank Easy Retirement account. With a minimum opening balance of $1, nationwide ATM access, linked debit card and no monthly account fees for eligible people, it’s a convenient and highly functional all-in-one choice for those who are 56 or older.


  • Unlimited phone banking transfers
  • Unlimited Bendigo ATM & branch withdrawals
  • Unlimited EFTPOS withdrawals and retail purchases within Australia


  • Available if you're over 55 years of age

In this guide

  • Review
  • Details
    • Key details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question


Key details

Product Name Bendigo Bank Easy Retirement Account
Maximum Variable Rate 2.50% p.a.
Standard Variable Rate 0.85% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $1
Minimum Age 56

Key features

Picture not described

Stepped interest rates

The interest rate offered on this account is stepped, meaning that you'll earn a higher rate of interest on the portion of your balance above a certain threshold. For example, for the portion of your balance beneath $10,000, you'll earn 0.85% interest. At the other end of the spectrum, you'll earn 2.5% p.a. on the portion of your balance that's $250,000 or greater.

Interest calculated daily

Interest is calculated daily making it easier to take advantage of the stepped interest rates as you are able.

Compare more banking products from Bendigo

How to apply

If you've compared the Easy Retirement account to the other options available, and find it to be right for your needs, you will need the following for to complete your application.


  • Minimum age. You must be over the age of 55 to open a Bendigo Bank Easy Retirement account.
  • Pension requirements. You must be either a self-funded retiree or the recipient of a Centrelink aged pension or Department of Veterans Affairs administered pension.

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question

Alison Finder


Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site