Australian Mutual Bank Pension Advantage Account

An account for members receiving a pension or allowance from Centrelink or Veteran Affairs.

Monthly fee

Not published

Features

You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank.

Against the other everyday accounts we compare. Typical means the middle half of them.

Overseas spending fee

2.9%

Of what you spend in another currency. Typical is 3%.

Overseas ATM fee

Each time you take cash out overseas. Typical is $5.

Pays interest. 3.25% on your balance, which most everyday accounts don't.
PayID. People can pay you with your phone number or email instead of a BSB and account number.
Phone payments. Works with Apple Pay, Google Pay and Samsung Pay, so you can pay with your phone or watch.

Nothing stands out.

Everyday accounts from other banks with similar fees.