Bendigo Bank Easy Retirement Account
$0 monthly fee
A transaction account designed to make life easier for retirees and pensioners.
- Overseas spending fee
- 3%
- Overseas ATM fee
- $5
- Digital wallets
- None listed
Monthly fee
Features
- Debit card
- Yes
- Apple, Google or Samsung Pay
- Not listed
- PayID
- Not listed
- Overdraft available
- Not listed
Who can open it
- Age to open
- 55 and over
Who it's for
- Available to retirees over 55 years of age who are either a self-funded retiree or a recipient of a Centrelink aged pension of Department of Veterans’ Affairs (DVA) administered pension.
How it compares
Against the other everyday accounts we compare. Typical means the middle half of them.
Monthly fee
None
Most accounts that say charge none.
Overseas spending fee
3%
Of what you spend in another currency. Typical is 3%.
Overseas ATM fee
$5
Each time you take cash out overseas. Typical is $5.
Pros and cons
Pros
- No monthly fee. Keeping the account costs nothing, whatever you deposit.
- Pays interest. 2.75% on your balance, which most everyday accounts don't.
Cons
Nothing stands out.
Similar accounts
Everyday accounts from other banks with similar fees.
- Monthly fee
- None
- Overseas spending fee
- 3%
- Monthly fee
- None
- Overseas spending fee
- 3%
- Monthly fee
- None
- Overseas spending fee
- 3%
