In this guide

  • Our verdict
  • Details
    • Key details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question
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Hume Bank Retirement Account

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Hume Bank Retirement Account
Maximum variable rate
2.55% p.a.
Base interest rate
1.35%p.a.

Our verdict

An account designed for pensioners over 55 years old.

This account offers competitive, tiered interest rates up to 2.55% allowing your money to continue to work hard for you, when you may no longer be!

Pros

  • No monthly access fees
  • Unlimited free electronic transactions, including EFTPOS
  • Internet banking, phone app, and telephone banking

Cons

  • Can only apply in branch for this account

In this guide

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

This account is designed for pensioners aged over 55, offering easy access to your money and competitive, tiered interest rates. There are no monthly account keeping fees, and you receive a monthly statement to help keep track of your savings.

Details

Key details

Product Name Hume Bank Retirement Account
Maximum Variable Rate 2.55% p.a.
Standard Variable Rate 1.35% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $1
Minimum Age 55

Key features

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No monthly access fees with unlimited free electronic transactions, including EFTPOS


How to apply

You need to be a member of Hume Bank to apply for this account. Unfortunately you cannot open this account online, you will need to visit a local branch with ID such as a drivers licence or passport in order to apply for this account. Hume Bank will help you switch over from your existing account at the time your account is opened.

Your reviews

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Ask a question

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Alison Finder

Editor

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