Issue resolved. We experienced a brief outage to our phone, Online Banking and Mobile App which has now been rectified by our supplier. We thank you for your patience and apologise for any inconvenience caused.

Login

Pensioner Plus

A transaction account designed specifically for persons 55 years or older and who are:

  • Recipients of Centrelink or Veterans Affairs Pension, or
  • Self funded retirees

As you approach retirement, your banking needs change. Our Pensioner Plus Account provides the right balance between an everyday and savings account. It rewards you with a higher interest rate, with easy access to your funds in a variety of ways.

  • No minimum balance required
  • Allows you to manage your money your way, whether you prefer using cash or card
  • Immediate access, with funds available 24 hours a day, 7 days a week
  • Interest calculated daily on the portion of the balance in each tier at the applicable interest rate and paid monthly

Interest rate for $48,600.01 plus

3.25 % p.a. Interest rate
Daily Balance Interest Rate
$0 - $48,600.00 1.75% p.a.
$48,600.01 plus 3.25% p.a.

Product Features:

Saving Features
Minimum opening deposit : $0
Funds available : At Call – 24/7 access
Statement options : Online statements
Monthly account fee : $5 – exempt where minimum membership balance of $5,000 is maintained at all times throughout the month
Transaction fees : Unlimited free transactions available – refer to our fees and charges brochure
Service centre access : Yes
Visa debit card : Yes
Direct credit : Yes
Direct debit : Yes
Quick debit : Yes
Periodical payment : Yes
BPAY : Yes
Bank@Post : Yes
Interest calculation : Calculated on daily balance and paid monthly
Conditions : Rates paid on each tiered balance

Savings calculators

Discover your savings potential and estimated interest earnings with our savings calculators.

We're ready to help you

Hats Off to Australia’s Teachers This World Teachers’ Day

International Credit Union Day

Terms and conditions, fees and charges apply.

Footnotes:

Untitled-1

About Us   |   Security   |   Privacy   |  Financial Claims Scheme    |   Financial Hardship   |   Disclosures   |   Sitemap   |   Terms & Conditions   |   Fees & Charges   |  Feedback   |   FAQs 

In the spirit of reconciliation G&C Mutual Bank acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. We support the Uluru Statement from the Heart to achieve justice, recognition and respect for First Nations people.


Any advice or information on this site does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. Please review G&C Mutual Bank's Terms and Conditions before acquiring the product.

© 2025 Unity Bank Limited | ABN 72 087 650 637 | AFSL & Australian Credit Licence 238311