Retirees enjoying a walk on the beach

Retirement Account

Retirees enjoying a walk on the beach
Retired or nearing retirement? Spend more time doing what you love, with the peace-of-mind that comes from knowing that your finances are under control with our Retirement Account. It's specifically designed for over 55s and retirees
Up to 0.50 % p.a.

Key features

No monthly or annual account fees
Make everyday spending easy and convenient with a linked Visa Debit Card
Manage your account and view transactions with Internet Banking and Mobile Banking
Funds are available as soon as they're deposited, allowing you to use them instantly
Up to $250,000 guaranteed by the Australian Government Financial Claims Scheme (FCS)
Retirement Account Annual Rate
$0 - $1,999 0.00% p.a.
$2,000 - $40,999 0.10% p.a.
$41,000+ 0.50% p.a.
Fees
Annual Fee $0.00
Monthly Account Keeping Fee $0.00

How To Apply for the Retirement Account

Apply in person for a Retirement Account at one of our 13 branches across Australia. 

Make sure you bring your ID (such as Driver's Licence or Passport) and any other documents with you to the branch

Our friendly staff will guide you through the process and help you complete all relevant forms and documents

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We're here to help

Visit our friendly staff at one of our 13 branches

Ask questions or give feedback via our online enquiry form.

Talk to our friendly staff between 9.30 am - 5:00 pm (AEST) Monday to Friday on 13 95 00

Fess and Charges apply - this is a general information only, take a moment to read through disclosure documents before applying.

Deposit, Saving and Transaction Accounts PDS

Visa Debit Card Terms and Conditions.

Bank of Sydney is covered by the Australian Government Financial Claims Scheme for amounts up to $250,000 per account holder. For more information about the CFS go to www.fcs.gov.au