Easy retirement account

This transaction account is designed to make life easier for retirees and pensioners aged over 55 years of age. This account offers a range of access methods and the higher the balance the bigger the return.

For more information please call 1300 236 344 or visit your local Bendigo Bank branch to apply.

Account features


  • To be eligible for this account you need to be a retiree over 55 years of age who is either a self-funded retiree or a recipient of a Centrelink aged pension or Department of Veterans Affairs (DVA) administered pension
  • Minimum opening balance of just $1
  • ATMs and hundreds of branches Australia wide
  • Internet and phone banking anywhere, anytime
  • e-statements
Card access
  • No monthly service fee if you; Otherwise $3 per month.#
  • Unlimited e-banking transfers, BPAY®, Pay Anyone (including OSKO®)
  • Unlimited phone banking transfers
  • Unlimited Bendigo ATM & branch withdrawals
  • Unlimited EFTPOS withdrawals and retail purchases within Australia
  • Calculated daily and credited monthly
For that part of your balance between
$0 - $1,999.99
0.40% pa 
For that part of your balance between
$2,000 - $48,599.99
1.00% pa
For that part of your balance
$48,600 and above
1.70% pa

*Eligible Bendigo Bank insurance policies are Home, Contents, Motor Vehicle, Landlords, Boat and Caravan Insurance underwritten by Insurance Australia Limited ABN 11 000 016 722 AFSL 227681 trading as CGU Insurance.

#If you hold one of the above relationships the fee will be waived each month provided the home loan, insurance policy or managed fund is in use at least 2 days prior to the date the fee is charged.

Mastercard and Priceless are registered trademarks and the circles design and Tap & Go are trademarks of Mastercard International Incorporated.

BPAY and OSKO® are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.

This information does not take your personal objectives, financial situations or needs into account. You should consider its appropriateness to your circumstances before acting on this information. Please read the disclosure documents for your selected product or service, including the Terms and Conditions, before deciding. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.